Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Lancaster Colony Corp Market Cap
The Lancaster Colony Corp (LANC) share price is expected to increase by 6.75% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered LANC. Price targets range from $176 at the low end to $207 at the high end. The current analyst consensus for LANC is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Lancaster Colony Corp has a total of 7 Wall St Analyst ratings. There are 2 buy ratings, 5 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Lancaster Colony Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of LANC.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Alton Stump Loop Capital | Buy | $232 | Maintains | Aug 26, 2024 |
| Jim Salera Stephens & Co. | Equal-Weight | $200 | Maintains | Aug 23, 2024 |
| Jim Salera Stephens & Co. | Equal-Weight | $218 | Reiterates | May 3, 2024 |
| Rob Dickerson Jefferies | Hold | $203 | Maintains | Mar 11, 2024 |
| Jim Salera Stephens & Co. | Equal-Weight | $218 | Downgrade | Feb 2, 2024 |
| Brian Holland DA Davidson | Neutral | $185 | Initiates | Dec 8, 2023 |
| Rob Dickerson Jefferies | Hold | $166 | Initiates | Nov 27, 2023 |
| Jim Salera Stephens & Co. | Overweight | $205 | Initiates | Oct 13, 2023 |
| Alton Stump Loop Capital | Buy | $226 | Maintains | Aug 24, 2023 |
Loop Capital | Buy | Initiates | Jun 23, 2023 | |
| Brian Holland Cowen & Co. | Market Perform | $140 | Initiates | May 23, 2022 |
Benchmark | Hold | Downgrade | May 6, 2022 | |
Benchmark | Buy | Initiates | Dec 8, 2021 | |
| Brian Holland DA Davidson | Buy | $221 | Upgrade | Sep 15, 2020 |
CL King | Buy | Initiates | Jan 22, 2020 | |
DA Davidson | Neutral | Initiates | Nov 22, 2019 | |
CL King | Neutral | Downgrade | Aug 10, 2018 | |
Vertical Research | Hold | Downgrade | Jun 27, 2018 | |
Vertical Group | Hold | Downgrade | Jun 27, 2018 | |
CL King | Buy | Initiates | Jan 30, 2017 |
When did it IPO
N/A
Staff Count
3,400
Country
United States
Sector/Industry
Consumer Defensive/Packaged Foods
CEO
Mr. David A. Ciesinski
Market Cap
$4.65B
In 2023, LANC generated $1.82B in revenue, which was a increase of 8.72% from the previous year. This can be seen as a signal that LANC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 26 Aug 2024
Sentiment - NEGATIVE
Source - The Motley Fool
Summary - The former president's regulatory filing revealed investments in 21 Dividend Kings, with most of these stocks trailing the S&P 500's performance over the past five years.
Why It Matters - The disclosure of positions in 21 Dividend Kings by a high-profile figure suggests potential market interest, yet their underperformance raises concerns about their future growth prospects.
Fri, 23 Aug 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Lancaster Colony's shares fell 12.3% post-Q4 2024 results, missing revenue expectations amid product exits and deflation. Analysts downgraded the stock to 'sell' due to high valuations.
Why It Matters - Lancaster Colony's share price drop reflects missed revenue targets and a downgrade to 'sell,' indicating higher risk and potential losses for investors amid elevated valuations.
Thu, 22 Aug 2024
Sentiment - NEUTRAL
Source - InvestorPlace
Summary - Lancaster Colony (NASDAQ: LANC) reported Q4 2024 earnings per share of $1.35.
Why It Matters - Earnings per share of $1.35 indicates Lancaster Colony's profitability, impacting stock valuation and investor sentiment regarding future growth and financial health.
Thu, 22 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Lancaster Colony Corporation (NASDAQ:LANC) will hold its Q4 2024 results conference call on August 22, 2024, at 10:00 AM ET, featuring key executives and analysts.
Why It Matters - The conference call provides insights into Lancaster Colony's financial performance and strategic direction, critical for evaluating investment potential and market positioning.
Thu, 22 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Lancaster Colony Corporation reported a 0.4% decline in Q4 net sales to $452.8 million, with retail segment sales down 0.8% due to exiting certain bakery product lines.
Why It Matters - Lancaster Colony's declining net sales signal potential challenges in revenue growth, raising concerns about its future profitability and market position, which could affect investor confidence.
Wed, 21 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - T. Marzetti Company, a subsidiary of Lancaster Colony Corporation, is launching its first gluten-free New York Bakery frozen bread line, including Garlic and Five Cheese Texas Toast, nationwide this Fall.
Why It Matters - The launch of gluten-free products by T. Marzetti Company can attract health-conscious consumers, potentially boosting sales and market share for Lancaster Colony Corporation.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
