A number of other analysts have also recently commented on the stock. Maxim Group reiterated a buy rating and issued a $17.00 price target on shares of Landec in a research note on Wednesday, July 3rd. Zacks Investment Research cut shares of EXACT Sciences from a hold rating to a sell rating in a research note on Tuesday, July 2nd. Lake Street Capital cut their target price on shares of Landec from $16.00 to $12.00 and set a buy rating for the company in a research note on Thursday, May 23rd. Finally, Roth Capital raised their target price on shares of Dmc Global from $50.00 to $70.00 and gave the stock a buy rating in a research note on Monday, April 8th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $13.67.
Shares of LNDC stock opened at $10.42 on Tuesday. The firm has a market capitalization of $306.42 million, a PE ratio of 25.41 and a beta of 0.75. The company has a current ratio of 0.96, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35. The company has a fifty day moving average price of $9.70. Landec has a one year low of $9.02 and a one year high of $15.57.
Landec Company Profile
Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and sells differentiated health and wellness products for food and biomaterials markets. It operates through two segments, Packaged Fresh Vegetables and Biomaterials. 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.
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