Landec Corporation (LNDC) Analysts See $0.07 EPS

December 8, 2017 - By Winifred Garcia

 Landec Corporation (LNDC) Analysts See $0.07 EPS
Investors sentiment increased to 1.39 in 2017 Q2. Its up 0.24, from 1.15 in 2017Q1. It increased, as 7 investors sold Landec Corporation shares while 26 reduced holdings. 20 funds opened positions while 26 raised stakes. 25.10 million shares or 0.75% more from 24.92 million shares in 2017Q1 were reported.
Heartland Advisors Inc has invested 0.86% in Landec Corporation (NASDAQ:LNDC). California State Teachers Retirement accumulated 47,587 shares. Moreover, Barclays Public Ltd Com has 0% invested in Landec Corporation (NASDAQ:LNDC) for 226 shares. Dimensional Fund Limited Partnership reported 2.30 million shares or 0.02% of all its holdings. Schwab Charles Invest Mngmt Inc invested in 0% or 106,809 shares. California-based Fuller And Thaler Asset Mgmt has invested 0.05% in Landec Corporation (NASDAQ:LNDC). John G Ullman Associate Inc has 1.08% invested in Landec Corporation (NASDAQ:LNDC). Wynnefield holds 13.28% of its portfolio in Landec Corporation (NASDAQ:LNDC) for 2.68 million shares. Northern reported 0% stake. Moreover, Cadence Management Llc has 0.03% invested in Landec Corporation (NASDAQ:LNDC) for 26,010 shares. Franklin Resource reported 2.74 million shares. Howe & Rusling holds 0% of its portfolio in Landec Corporation (NASDAQ:LNDC) for 275 shares. Prelude Capital Management Ltd Co has invested 0% in Landec Corporation (NASDAQ:LNDC). State Street reported 490,593 shares stake. Panagora Asset Management holds 0% in Landec Corporation (NASDAQ:LNDC) or 9,714 shares.

Analysts expect Landec Corporation (NASDAQ:LNDC) to report $0.07 EPS on January, 3.They anticipate $0.02 EPS change or 40.00 % from last quarter’s $0.05 EPS. LNDC’s profit would be $1.93M giving it 42.14 P/E if the $0.07 EPS is correct. After having $0.08 EPS previously, Landec Corporation’s analysts see -12.50 % EPS growth. The stock increased 1.29% or $0.15 during the last trading session, reaching $11.8. About 48,087 shares traded. Landec Corporation (NASDAQ:LNDC) has risen 17.05% since December 8, 2016 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. On Monday, January 25 the stock rating was upgraded by Sidoti to “Buy”. The firm earned “Buy” rating on Wednesday, November 18 by Wunderlich. On Friday, July 8 the stock rating was initiated by Wedbush with “Neutral”. The rating was maintained by Wedbush with “Hold” on Wednesday, July 26. The stock of Landec Corporation (NASDAQ:LNDC) has “Buy” rating given on Wednesday, July 26 by Maxim Group. On Tuesday, July 18 the stock rating was maintained by Maxim Group with “Buy”. As per Tuesday, June 7, the company rating was initiated by Maxim Group.

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 $324.58 million. It operates through three divisions: Packaged Fresh Vegetables, Food Export, and Biomaterials. It has a 34.71 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 Names Innovative Natural Food Business Leader Debbie …” on March 16, 2017, also Globenewswire.com with their article: “Landec Corporation Reports Fiscal First Quarter 2018 Results” published on September 26, 2017, Globenewswire.com published: “Landec Corporation Announces Strategic Acquisition of O Olive Oil to Expand …” on March 02, 2017. More interesting news about Landec Corporation (NASDAQ:LNDC) were released by: Globenewswire.com and their article: “Landec Corporation Provides Update on Impact from Extreme Weather Events” published on September 19, 2017 as well as Globenewswire.com‘s news article titled: “Landec Corporation Agrees to Settle Labor Related Legal Actions and Updates …” with publication date: March 28, 2017.

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