Landec (LNDC) Given Daily Media Sentiment Rating of 0.13
Headlines about Landec (NASDAQ:LNDC) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Landec earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave media stories about the basic materials company an impact score of 47.0853885341318 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of NASDAQ LNDC traded up $0.10 during midday trading on Friday, reaching $13.40. 7 shares of the company traded hands, compared to its average volume of 82,227. The stock has a market cap of $374.61 million, a PE ratio of 32.68 and a beta of 0.67. Landec has a 12 month low of $11.42 and a 12 month high of $15.60. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.74 and a current ratio of 1.10.
Landec (NASDAQ:LNDC) last issued its quarterly earnings data on Tuesday, July 31st. The basic materials company reported $0.24 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.02. The company had revenue of $141.10 million during the quarter, compared to analysts’ expectations of $138.61 million. Landec had a return on equity of 4.85% and a net margin of 4.51%. The business’s revenue was up 16.3% on a year-over-year basis. During the same period last year, the business earned $0.09 earnings per share. analysts predict that Landec will post 0.44 earnings per share for the current year.
Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and sells differentiated health and wellness products for food and biomaterials markets. It operates through three segments: Packaged Fresh Vegetables, Food Export, 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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