Media headlines about Landec (NASDAQ:LNDC) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing 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 media sentiment score of 0.18 on Accern’s scale. Accern also gave headlines about the basic materials company an impact score of 45.9274874411983 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Landec Co. (LNDC) Expected to Post Quarterly Sales of $142.42 Million (americanbankingnews.com)
- Landec (LNDC) Upgraded to Hold by BidaskClub (americanbankingnews.com)
- Landec Corporation Sets Third Quarter Fiscal Year 2018 Conference Call for April 4, 2018 at 8 a.m. PT and Earnings Release set for April 3, 2018 After Market (finance.yahoo.com)
- Landec (LNDC) Lifted to Hold at Zacks Investment Research (americanbankingnews.com)
A number of research firms have recently weighed in on LNDC. Sidoti began coverage on Landec in a research note on Wednesday, December 13th. They set a “buy” rating for the company. BidaskClub downgraded Landec from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 5th. Maxim Group restated a “buy” rating and set a $18.00 target price on shares of Landec in a report on Wednesday, November 29th. Finally, Zacks Investment Research downgraded Landec from a “hold” rating to a “sell” rating in a report on Wednesday, December 6th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $15.33.
Landec (NASDAQ:LNDC) last posted its quarterly earnings data on Wednesday, January 3rd. The basic materials company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. The business had revenue of $136.50 million during the quarter, compared to the consensus estimate of $135.82 million. Landec had a return on equity of 3.75% and a net margin of 1.64%. The firm’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.05 earnings per share. sell-side analysts predict that Landec will post 0.5 EPS for the current fiscal year.
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Landec Corporation designs, develops, manufactures and sells a range of health and wellness products for food and biomaterials markets. The Company licenses technology applications to partners. The Company 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 fruit and vegetables, the majority of which incorporate the BreatheWay specialty packaging for the retail grocery, club store and food services industry.
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