EPS for Landec Corporation (LNDC) Expected At $0.09

March 15, 2018 - By Richard Conner

 EPS for Landec Corporation (LNDC) Expected At $0.09
Investors sentiment decreased to 1.08 in Q3 2017. Its down 0.31, from 1.39 in 2017Q2. It turned negative, as 9 investors sold Landec Corporation shares while 29 reduced holdings. 16 funds opened positions while 25 raised stakes. 25.56 million shares or 1.82% more from 25.10 million shares in 2017Q2 were reported.
Walthausen Limited Liability Corp holds 1.01% of its portfolio in Landec Corporation (NASDAQ:LNDC) for 832,715 shares. Swiss Bankshares reported 40,300 shares or 0% of all its holdings. Moreover, California Employees Retirement System has 0% invested in Landec Corporation (NASDAQ:LNDC) for 67,400 shares. Intll holds 18,015 shares. Heartland Advisors Inc accumulated 851,650 shares or 0.71% of the stock. Ameritas Inv Partners has 0% invested in Landec Corporation (NASDAQ:LNDC). Bridgeway Management invested in 25,900 shares or 0% of the stock. Palouse Cap Mgmt Incorporated reported 0.08% in Landec Corporation (NASDAQ:LNDC). D E Shaw Company Inc invested in 0% or 17,006 shares. Granite Investment Ptnrs Limited Liability Com accumulated 121,329 shares. Bank & Trust Of Mellon Corp invested 0% in Landec Corporation (NASDAQ:LNDC). Bessemer Grp Inc reported 17,500 shares. Cornerstone Management Lc owns 300 shares. Metropolitan Life owns 19,017 shares. Acadian Asset Mngmt Ltd Liability Co has invested 0% of its portfolio in Landec Corporation (NASDAQ:LNDC).

Since October 23, 2017, it had 0 insider buys, and 1 insider sale for $96,659 activity.

Analysts expect Landec Corporation (NASDAQ:LNDC) to report $0.09 EPS on April, 3.They anticipate $0.04 EPS change or 30.77 % from last quarter’s $0.13 EPS. LNDC’s profit would be $2.48M giving it 38.61 P/E if the $0.09 EPS is correct. After having $0.02 EPS previously, Landec Corporation’s analysts see 350.00 % EPS growth. The stock decreased 3.81% or $0.55 during the last trading session, reaching $13.9. About 38,801 shares traded. Landec Corporation (NASDAQ:LNDC) has risen 17.05% since March 15, 2017 and is uptrending. It has outperformed by 0.35% the S&P500.

Landec Corporation (NASDAQ:LNDC) Ratings Coverage

Among 4 analysts covering Landec (NASDAQ:LNDC), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Landec had 7 analyst reports since November 18, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, July 8 by Wedbush. The company was initiated on Tuesday, June 7 by Maxim Group. As per Wednesday, July 26, the company rating was maintained by Maxim Group. Wedbush maintained the shares of LNDC in report on Wednesday, July 26 with “Hold” rating. Maxim Group maintained it with “Buy” rating and $1800 target in Tuesday, July 18 report. The firm has “Buy” rating by Wunderlich given on Wednesday, November 18. The firm has “Buy” rating by Sidoti given on Monday, January 25.

Landec Corporation, together with its subsidiaries, designs, develops, makes, and sells differentiated health and wellness products for food and biomaterials markets. The company has market cap of $382.72 million. It operates through three divisions: Packaged Fresh Vegetables, Food Export, and Biomaterials. It has a 46.33 P/E ratio. The Packaged Fresh Vegetables segment markets and packs specialty packaged whole and fresh-cut fruits and vegetables utilizing the BreatheWay specialty packaging technology for the retail grocery, club store, and food service industries under the Eat Smart and GreenLine brands, as well as private label brands; and sells BreatheWay packaging technology to partners for fruit and vegetable products.

More notable recent Landec Corporation (NASDAQ:LNDC) news were published by: Globenewswire.com which released: “Landec Corporation Agrees to Settle Labor Related Legal Actions and Updates …” on March 28, 2017, also Globenewswire.com with their article: “Landec Corporation Provides Update on Impact from Extreme Weather Events” published on September 19, 2017, Globenewswire.com published: “Landec Corporation Reports Fourth Quarter and Fiscal 2017 Results” on July 25, 2017. More interesting news about Landec Corporation (NASDAQ:LNDC) were released by: Globenewswire.com and their article: “Landec Corporation Sets Third Quarter Fiscal Year 2018 Conference Call for …” published on March 13, 2018 as well as Globenewswire.com‘s news article titled: “Landec Corporation to Present at the 30th Annual ROTH Conference” with publication date: March 06, 2018.

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