Shares of Lifeway Foods, Inc. (NASDAQ:LWAY) have earned a consensus broker rating score of 2.00 (Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a buy rating.

Analysts have set a 1-year consensus price target of $11.00 for the company and are expecting that the company will post $0.03 earnings per share for the current quarter, according to Zacks. Zacks has also given Lifeway Foods an industry rank of 23 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research raised shares of Lifeway Foods from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 27th.

Lifeway Foods (NASDAQ LWAY) opened at $10.03 on Friday. Lifeway Foods has a 52 week low of $7.20 and a 52 week high of $12.97. The firm has a market cap of $150.79, a price-to-earnings ratio of 78.42 and a beta of 0.68. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.57 and a current ratio of 2.06.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Algert Global LLC bought a new position in Lifeway Foods during the third quarter worth $481,000. Dimensional Fund Advisors LP raised its stake in Lifeway Foods by 5.2% during the third quarter. Dimensional Fund Advisors LP now owns 364,548 shares of the company’s stock worth $3,244,000 after buying an additional 18,000 shares during the last quarter. State Street Corp raised its stake in Lifeway Foods by 5.1% during the second quarter. State Street Corp now owns 86,730 shares of the company’s stock worth $811,000 after buying an additional 4,203 shares during the last quarter. FMR LLC raised its stake in Lifeway Foods by 0.9% during the second quarter. FMR LLC now owns 279,939 shares of the company’s stock worth $2,615,000 after buying an additional 2,513 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Lifeway Foods by 1.3% during the second quarter. Vanguard Group Inc. now owns 231,997 shares of the company’s stock worth $2,166,000 after buying an additional 3,052 shares during the last quarter. 16.55% of the stock is owned by institutional investors and hedge funds.

About Lifeway Foods

Lifeway Foods, Inc (Lifeway) is engaged in the manufacturing of probiotic, cultured, functional dairy health food products. The Company is engaged in the sale of fermented dairy products, which are produced and are sold to consumers through a network of distributors and retailers in the United States.

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