Lifecore Biomedical, Inc.

Lifecore Biomedical, Inc. Stock Forecast & Price Prediction

Live Lifecore Biomedical, Inc. Stock (LFCR) Price
$7.28

3

Ratings

  • Buy 1
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$7.28

P/E Ratio

56.23

Volume Traded Today

$131,347

Dividend

Dividends not available for LFCR

52 Week High/low

8.90/3.68

Lifecore Biomedical, Inc. Market Cap

$269.2M

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LFCR Summary

The Lifecore Biomedical, Inc. (LFCR) share price is expected to increase by 9.89% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered LFCR. Price targets range from $6 at the low end to $10 at the high end. The current analyst consensus for LFCR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

LFCR Analyst Ratings

Lifecore Biomedical, Inc. has a total of 3 Wall St Analyst ratings. There are 1 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Lifecore Biomedical, Inc. 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.

LFCR stock forecast by analyst

These are the latest 20 analyst ratings of LFCR.

Analyst/Firm

Rating

Price Target

Change

Date

Matthew Hewitt
Craig-Hallum

Buy

$10

Maintains

Nov 22, 2024
Matthew Hewitt
Craig-Hallum

Buy

$8

Initiates

Sep 5, 2024
Michael Petusky
Barrington Research

Market Perform


Downgrade

Aug 28, 2024
Michael Petusky
Barrington Research

Outperform

$10

Maintains

Sep 1, 2023
Jacob Johnson
Stephens & Co.

Equal-Weight

$9

Maintains

Sep 1, 2023
Michael Petusky
Barrington Research

Outperform

$11

Maintains

Jun 2, 2023
Michael Petusky
Barrington Research

Outperform

$10

Maintains

May 24, 2023
Michael Petusky
Barrington Research

Outperform

$8

Maintains

Mar 21, 2023
Jacob Johnson
Stephens & Co.

Equal-Weight

$2

Downgrade

Mar 20, 2023
Michael Petusky
Barrington Research

Outperform

$8

Maintains

Mar 20, 2023
Jacob Johnson
Stephens & Co.

Overweight

$11

Reiterates

Mar 17, 2023

UBS

Neutral


Maintains

Dec 9, 2022

Goldman Sachs

Buy


Maintains

Dec 9, 2022

Baird

Outperform


Maintains

Dec 9, 2022

Morgan Stanley

Overweight


Maintains

Dec 9, 2022

Piper Sandler

Overweight


Maintains

Dec 9, 2022

Wells Fargo

Equal-Weight


Maintains

Dec 9, 2022

Raymond James

Strong Buy


Maintains

Dec 6, 2022

Citigroup

Neutral


Maintains

Dec 6, 2022

Cowen & Co.

Outperform


Maintains

Dec 5, 2022

LFCR Company Information

What They Do: Integrated contract development and manufacturing organization.

Business Model: The company generates revenue by producing injectable grade sodium hyaluronate in bulk, along with providing formulated and filled syringes and vials for medical use. Additionally, it offers a range of services such as technology development and clinical study support, catering to both HA-based and non-HA based products, thus diversifying its income streams.

Other Information: Founded in 1965 and headquartered in Chaska, Minnesota, Lifecore Biomedical transitioned from Landec Corporation to its current name in November 2022, reflecting its focus on biomedical applications. The company's expertise in aseptic formulation positions it well within the medical manufacturing industry.
LFCR
Lifecore Biomedical, Inc. (LFCR)

When did it IPO

1996

Staff Count

524

Country

United States

Sector/Industry

Healthcare/Drug Manufacturers - Specialty & Generic

CEO

Mr. Paul Josephs

Market Cap

$269.2M

Lifecore Biomedical, Inc. (LFCR) Financial Data

In 2023, LFCR generated $103.3M in revenue, which was a decrease of -7.19% from the previous year. This can be seen as a signal that LFCR's business is declining, and its share price could be worth less 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

N/A

Revenue From 2021

$100.9M

0.00 %
From Previous Year

Revenue From 2022

$111.3M

10.31 %
From Previous Year

Revenue From 2023

$103.3M

-7.19 %
From Previous Year
  • Revenue TTM $128.4M
  • Operating Margin TTM -36.8%
  • Gross profit TTM $41.9M
  • Return on assets TTM -2.2%
  • Return on equity TTM 17.3%
  • Profit Margin 5.1%
  • Book Value Per Share -0.13%
  • Market capitalisation $269.2M
  • Revenue for 2021 $100.9M
  • Revenue for 2022 $111.3M
  • Revenue for 2023 $103.3M
  • EPS this year (TTM) $0.13

Lifecore Biomedical, Inc. (LFCR) Latest News

News Image

Sun, 01 Dec 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Lifecore is expanding production capacity to capture growth in the CDMO market and GLP-1 opportunities, expecting revenue and EBITDA improvements in H2 FY25 despite a tough Q1.

Why It Matters - Lifecore's expansion and focus on GLP-1 opportunities signal strong revenue growth potential, improved profitability, and increased market share in a growing CDMO sector, appealing to investors.

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - The company has extended its term by three years, simplified its financial structure, and reduced interest rates, enhancing its balance sheet and financial stability.

Why It Matters - A three-year term extension and lower interest rates improve cash flow and reduce debt burden, enhancing financial stability and potentially increasing shareholder value.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Lifecore Biomedical (NASDAQ: LFCR) hosted a virtual investor day discussing growth strategy. A replay is available on their investor website.

Why It Matters - Lifecore's investor day signals transparency and strategic growth plans, which can enhance investor confidence and potentially influence stock performance.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Lifecore Biomedical CEO Paul Josephs will speak at the Stephens Annual Investment Conference from November 19-21, 2024, in Nashville, Tennessee.

Why It Matters - Lifecore's CEO speaking at a prominent investment conference may boost visibility and investor confidence, potentially impacting stock performance and attracting new investment interest.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Lifecore Biomedical (NASDAQ: LFCR) will host a virtual investor day on November 21, 2024, from 8:00-9:30 a.m. ET to discuss business strategies and growth plans.

Why It Matters - Lifecore Biomedical's virtual investor day will provide insights into its growth strategy, potentially influencing stock performance and investor sentiment.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - A new hire with extensive experience in pharmaceutical manufacturing and finance aims to enhance performance and productivity within the company.

Why It Matters - Strong leadership in pharmaceutical operations and finance can enhance company performance, potentially leading to increased profitability and stock value, attracting investor interest.

...

LFCR Frequently asked questions

The highest forecasted price for LFCR is $10 from Michael Petusky at Barrington Research.

The lowest forecasted price for LFCR is $6 from from

The LFCR analyst ratings consensus are 1 buy ratings, 2 hold ratings, and 0 sell ratings.