Landec Corporation (LNDC) Analysts See $0.06 EPS

September 17, 2017 - By Marry Poplack

 Landec Corporation (LNDC) Analysts See $0.06 EPS
Investors sentiment decreased to 0.88 in 2016 Q4. Its down 0.36, from 1.24 in 2016Q3. It dived, as 6 investors sold Landec Corporation shares while 35 reduced holdings. 10 funds opened positions while 26 raised stakes. 24.49 million shares or 1.28% less from 24.80 million shares in 2016Q3 were reported.
Great West Life Assurance Com Can reported 0% in Landec Corporation (NASDAQ:LNDC). Ameritas Invest Prtnrs Inc reported 1,305 shares. The Massachusetts-based State Street Corporation has invested 0% in Landec Corporation (NASDAQ:LNDC). State Board Of Administration Of Florida Retirement Systems reported 44,224 shares stake. Moreover, Neuberger Berman Group Incorporated has 0% invested in Landec Corporation (NASDAQ:LNDC). Blackrock reported 6,549 shares. 40,365 were accumulated by Invesco. D E Shaw has invested 0% in Landec Corporation (NASDAQ:LNDC). Prelude Management Ltd Limited Liability Company invested in 0% or 400 shares. Morgan Stanley reported 79,466 shares. Wells Fargo & Mn invested in 0% or 197,035 shares. Credit Suisse Ag reported 33,735 shares. Blackrock Inv Mgmt Lc stated it has 0% in Landec Corporation (NASDAQ:LNDC). Fuller Thaler Asset Inc reported 0.05% in Landec Corporation (NASDAQ:LNDC). Metropolitan Life Insur Communication Ny has invested 0% of its portfolio in Landec Corporation (NASDAQ:LNDC).

Since April 7, 2017, it had 0 buys, and 4 selling transactions for $800,102 activity. 20,000 shares were sold by Midyett Ronald Lane, worth $275,200. Shares for $108,640 were sold by BITLER STEVEN P. FRANK FRED sold $42,350 worth of Landec Corporation (NASDAQ:LNDC) on Tuesday, April 11. Shares for $373,912 were sold by STEELE GARY T on Monday, May 8.

Analysts expect Landec Corporation (NASDAQ:LNDC) to report $0.06 EPS on September, 26.They anticipate $0.06 EPS change or 50.00 % from last quarter’s $0.12 EPS. LNDC’s profit would be $1.65 million giving it 54.17 P/E if the $0.06 EPS is correct. After having $0.09 EPS previously, Landec Corporation’s analysts see -33.33 % EPS growth. The stock increased 2.77% or $0.35 on September 15, reaching $13. About 135,368 shares traded or 121.33% up from the average. Landec Corporation (NASDAQ:LNDC) has risen 17.05% since September 17, 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. On Wednesday, November 18 the stock rating was initiated by Wunderlich with “Buy”. The stock of Landec Corporation (NASDAQ:LNDC) earned “Buy” rating by Maxim Group on Tuesday, June 7. The stock of Landec Corporation (NASDAQ:LNDC) has “Buy” rating given on Monday, January 25 by Sidoti. The rating was initiated by Wedbush on Friday, July 8 with “Neutral”. The stock of Landec Corporation (NASDAQ:LNDC) has “Buy” rating given on Wednesday, July 26 by Maxim Group. The firm earned “Hold” rating on Wednesday, July 26 by Wedbush. Maxim Group maintained Landec Corporation (NASDAQ:LNDC) rating on Tuesday, July 18. Maxim Group has “Buy” rating and $1800 target.

Landec Corporation designs, develops, makes and sells a range of health and wellness products for food and biomaterials markets. The company has market cap of $357.59 million. The Firm licenses technology applications to partners. It has a 33.94 P/E ratio. The Firm operates through three divisions: Packaged Fresh Vegetables, Food Export and Biomaterials.

More notable recent Landec Corporation (NASDAQ:LNDC) news were published by: Seekingalpha.com which released: “Landec’s (LNDC) CEO Molly Hemmeter on Q3 2017 Results – Earnings Call Transcript” on April 05, 2017, also Globenewswire.com with their article: “Landec Corporation Sets First Quarter Fiscal Year 2018 Conference Call for …” published on September 06, 2017, Globenewswire.com published: “Landec Corporation Announces Strategic Acquisition of O Olive Oil to Expand …” on March 02, 2017. More interesting news about Landec Corporation (NASDAQ:LNDC) were released by: Globenewswire.com and their article: “Landec Corporation Names Innovative Natural Food Business Leader Debbie …” published on March 16, 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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