Landec Corp.Find Ratings Reports
LANDEC CORP's gross profit margin for the third quarter of its fiscal year 2017 has decreased when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago. LANDEC CORP has weak liquidity. Currently, the Quick Ratio is 0.82 which shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.
During the same period, stockholders' equity ("net worth") has increased by 11.69% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
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|Income Statement||Q3 FY17||Q3 FY16|
|Net Sales ($mil)||149.32||136.57|
|Net Income ($mil)||16.09||3.5|
|Balance Sheet||Q3 FY17||Q3 FY16|
|Cash & Equiv. ($mil)||7.65||12.73|
|Total Assets ($mil)||385.84||346.14|
|Total Debt ($mil)||59.2||52.23|
|Profitability||Q3 FY17||Q3 FY16|
|Gross Profit Margin||15.58||19.15|
|Return on Assets||5.48||3.71|
|Return on Equity||8.51||5.78|
|Debt||Q3 FY17||Q3 FY16|
|Share Data||Q3 FY17||Q3 FY16|
|Shares outstanding (mil)||27.56||27.31|
|Div / share||0.0||0.0|
|Book value / share||9.02||8.15|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||46887.0||60561.0|
BUY. This stock's P/E ratio indicates a discount compared to an average of 19.59 for the Food Products industry and a discount compared to the S&P 500 average of 25.32. For additional comparison, its price-to-book ratio of 1.57 indicates a significant discount versus the S&P 500 average of 3.29 and a significant discount versus the industry average of 3.46. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount. Upon assessment of these and other key valuation criteria, LANDEC CORP proves to trade at a discount to investment alternatives within the industry.
|LNDC 18.44||Peers 19.59||LNDC 16.24||Peers 20.75|
Average. An average P/E ratio can signify an industry neutral price for a stock and an average growth expectation.
LNDC is trading at a valuation on par with its peers.
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
LNDC is trading at a discount to its peers.
|LNDC 27.05||Peers 16.47||LNDC 4.68||Peers 0.80|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.
LNDC is trading at a significant premium to its peers.
Premium. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
LNDC trades at a significant premium to its peers.
|LNDC 1.57||Peers 3.46||LNDC 63.82||Peers 97.60|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
LNDC is trading at a significant discount to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, LNDC is expected to significantly trail its peers on the basis of its earnings growth rate.
|LNDC 0.73||Peers 1.83||LNDC -0.67||Peers 5.21|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
LNDC is trading at a significant discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
LNDC significantly trails its peers on the basis of sales growth