Landec Corporation (LNDC) EPS Estimated At $0.07

December 14, 2017 - By Winifred Garcia

 Landec Corporation (LNDC) EPS Estimated At $0.07
Investors sentiment increased to 1.39 in Q2 2017. Its up 0.24, from 1.15 in 2017Q1. It improved, 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.
Moreover, Parametric Associate Ltd Liability Co has 0% invested in Landec Corporation (NASDAQ:LNDC). 9,714 were reported by Panagora Asset Management. Pinnacle Associates Limited holds 54,500 shares. 15,588 were reported by Crestwood Advsrs Gp Ltd Liability. Lpl Limited Co accumulated 0% or 15,215 shares. Franklin Resource Inc, a California-based fund reported 2.74M shares. Goldman Sachs Group holds 52,659 shares. Us State Bank De invested in 109 shares or 0% of the stock. Tompkins Corp stated it has 300 shares or 0% of all its holdings. Eagle Glob Advsr Limited Liability Corp holds 0% in Landec Corporation (NASDAQ:LNDC) or 10,870 shares. State Board Of Administration Of Florida Retirement reported 44,224 shares. Vanguard Gp Inc reported 1.29 million shares. Public Employees Retirement Association Of Colorado has invested 0% in Landec Corporation (NASDAQ:LNDC). First Interstate National Bank owns 16,865 shares or 0.05% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Landec Corporation (NASDAQ:LNDC).

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 $0.07 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 45.36 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 7.17% or $0.85 during the last trading session, reaching $12.7. About 79,568 shares traded or 37.52% up from the average. Landec Corporation (NASDAQ:LNDC) has risen 17.05% since December 14, 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. The stock of Landec Corporation (NASDAQ:LNDC) has “Buy” rating given on Tuesday, July 18 by Maxim Group. The firm has “Neutral” rating by Wedbush given on Friday, July 8. Maxim Group maintained it with “Buy” rating and $1800 target in Wednesday, July 26 report. The company was maintained on Wednesday, July 26 by Wedbush. Sidoti upgraded the shares of LNDC in report on Monday, January 25 to “Buy” rating. Maxim Group initiated the shares of LNDC in report on Tuesday, June 7 with “Buy” rating. The firm earned “Buy” rating on Wednesday, November 18 by Wunderlich.

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 $349.34 million. It operates through three divisions: Packaged Fresh Vegetables, Food Export, and Biomaterials. It has a 37.35 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: Seekingalpha.com which released: “Landec Corporation’s (LNDC) CEO Molly Hemmeter on Q4 2017 Results – Earnings …” on July 26, 2017, also Globenewswire.com with their article: “Landec Corporation Reiterates Fiscal Year 2018 EPS Guidance and Lowers Second …” published on November 29, 2017, Globenewswire.com published: “Landec Corporation Reports Fiscal First Quarter 2018 Results” on September 26, 2017. More interesting news about Landec Corporation (NASDAQ:LNDC) were released by: Globenewswire.com and their article: “Landec Corporation Announces Strategic Acquisition of O Olive Oil to Expand …” published on March 02, 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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