EPS for Landec Corporation (LNDC) Expected At $0.15

March 14, 2018 - By Hazel Jackson

 EPS for Landec Corporation (LNDC) Expected At $0.15
Investors sentiment decreased to 1.08 in Q3 2017. Its down 0.31, from 1.39 in 2017Q2. It is 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.
Ancora Advsr Limited Liability stated it has 0.06% in Landec Corporation (NASDAQ:LNDC). Buckhead Limited Liability Corporation stated it has 0.11% of its portfolio in Landec Corporation (NASDAQ:LNDC). Morgan Stanley reported 51,447 shares. Bnp Paribas Arbitrage Sa owns 2,854 shares for 0% of their portfolio. The Massachusetts-based Acadian Asset Management Llc has invested 0% in Landec Corporation (NASDAQ:LNDC). 732,109 were accumulated by Thomson Horstmann & Bryant Inc. Envestnet Asset Mngmt Inc holds 1,813 shares. Northern Corp owns 355,065 shares for 0% of their portfolio. Tower Rech Capital Limited Liability (Trc) invested 0% of its portfolio in Landec Corporation (NASDAQ:LNDC). Boston Prtnrs stated it has 0.01% of its portfolio in Landec Corporation (NASDAQ:LNDC). Walthausen And Co Ltd Company holds 1.01% of its portfolio in Landec Corporation (NASDAQ:LNDC) for 832,715 shares. Great West Life Assurance Can has invested 0% in Landec Corporation (NASDAQ:LNDC). Commonwealth Equity Svcs owns 0% invested in Landec Corporation (NASDAQ:LNDC) for 13,789 shares. Prudential reported 10,604 shares stake. First Tru Advsrs Limited Partnership has 21,730 shares.

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

Analysts expect Landec Corporation (NASDAQ:LNDC) to report $0.15 EPS on April, 3.They anticipate $0.02 EPS change or 15.38 % from last quarter’s $0.13 EPS. LNDC’s profit would be $4.13M giving it 24.08 P/E if the $0.15 EPS is correct. After having $0.02 EPS previously, Landec Corporation’s analysts see 650.00 % EPS growth. The stock increased 0.35% or $0.05 during the last trading session, reaching $14.45. About 60,226 shares traded. Landec Corporation (NASDAQ:LNDC) has risen 17.05% since March 14, 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. As per Tuesday, June 7, the company rating was initiated by Maxim Group. Wedbush maintained Landec Corporation (NASDAQ:LNDC) on Wednesday, July 26 with “Hold” rating. As per Wednesday, November 18, the company rating was initiated by Wunderlich. The rating was maintained by Maxim Group on Wednesday, July 26 with “Buy”. Wedbush initiated it with “Neutral” rating and $12 target in Friday, July 8 report. The stock of Landec Corporation (NASDAQ:LNDC) earned “Buy” rating by Maxim Group on Tuesday, July 18. On Monday, January 25 the stock rating was upgraded by Sidoti to “Buy”.

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 $397.87 million. It operates through three divisions: Packaged Fresh Vegetables, Food Export, and Biomaterials. It has a 48.17 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 Reports Fourth Quarter and Fiscal 2017 Results” on July 25, 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 to Present at the 30th Annual ROTH Conference” on March 06, 2018. More interesting news about Landec Corporation (NASDAQ:LNDC) were released by: Nasdaq.com and their article: “Landec Corporation Announces Discontinuation of Food Export Business …” published on February 28, 2018 as well as Globenewswire.com‘s news article titled: “Landec Corporation Sets Third Quarter Fiscal Year 2018 Conference Call for …” with publication date: March 13, 2018.

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