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LNDC

Landec Corporation
Trade LNDC

About Landec Corporation

Landec Corporation, established in 1986 and headquartered in Santa Maria, California, is a company dedicated to the design, development, production, and global distribution of distinctive health and wellness products within the food and biomaterials industries. Its main operating divisions are Lifecore and Curation Foods. The Lifecore segment manufactures pharmaceutical-grade sodium hyaluronate (HA) in bulk and also formulates and fills syringes and vials for injectable products used in diverse medical treatments and procedures. This segment further provides a comprehensive range of services to its partners, encompassing technological advancements, material component modifications, analytical and formulation development, pilot and stability investigations, process validation, and the production of materials for clinical studies. These services are offered for both HA-based and non-HA-based products that are aseptically formulated and filled. Lifecore's non-HA medical products primarily target the ophthalmic, orthopedic, and other specialized medical markets. The Curation Foods segment focuses on the processing, marketing, and sale of "O" brand olive oils and wine vinegars. It also offers guacamole and avocado food products under the "Yucatan" and "Cabo Fresh" brands, as well as various private labels.

CEO
Albert Bolles
IPO Date
Feb 16, 1996

Market Data

OpenThe first traded price for the current trading session.
$9.01
HighThe highest traded price in the current trading session.
$9.01
LowThe lowest traded price in the current trading session.
$8.75
VolumeTotal shares traded during the current trading session.
52.5K
Avg VolumeAverage number of shares traded per session, as reported by FMP.
64.3K
52W HighThe highest traded price over the past 52 weeks.
$12.04
52W LowThe lowest traded price over the past 52 weeks.
$7.65

Valuation

Market CapCompany equity value based on share price multiplied by shares outstanding.
$263.6M
Enterprise ValueMarket cap plus debt and other claims, less cash and equivalents.
$337.1M
Dividend YieldAnnualized dividend yield relative to the current share price.
0.00%

Financials

Free Cash FlowOperating cash flow minus capital expenditures from the latest annual cash flow statement.
-$13.6M
RevenueTotal sales from the latest annual income statement.
$128.9M
Net IncomeProfit after expenses and taxes from the latest annual income statement.
-$38.7M
CashCash and equivalents, or cash plus short-term investments, from the latest balance sheet.
$8.3M
DebtTotal debt from the latest balance sheet.
$0

Events

EarningsMay 6

actual -0.43

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