Limoneira Co (NASDAQ: LMNR) is -34.53% lower on its value in year-to-date trading and has touched a low of $15.58 and a high of $29.22 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LMNR stock was last observed hovering at around $15.92 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $16.01, the stock is -5.63% and -18.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.12 million and changing 0.60% at the moment leaves the stock -31.58% off its SMA200. LMNR registered -15.44% loss for a year compared to 6-month loss of -41.55%. The firm has a 50-day simple moving average (SMA 50) of $19.7226 and a 200-day simple moving average (SMA200) of $23.407.
The stock witnessed a -11.91% gain in the last 1 month and extending the period to 3 months gives it a -30.34%, and is -1.81% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.49% over the week and 4.43% over the month.
Limoneira Co (LMNR) has around 241 employees, a market worth around $288.99M and $186.08M in sales. Current P/E ratio is 38.56 and Fwd P/E is 19.53. Profit margin for the company is 4.05%. Distance from 52-week low is 2.79% and -45.19% from its 52-week high. The company has generated returns on investments over the last 12 months (3.07%).
with sales reaching $38.7M over the same period.The EPS is expected to shrink by -66.13% this year, but quarterly earnings will post -6.06% year-over-year. Quarterly sales are estimated to shrink -13.24% in year-over-year returns.
144.0 institutions hold shares in Limoneira Co (LMNR), with institutional investors hold 64.14% of the company’s shares. The shares outstanding are 18.05M, and float is at 15.35M with Short Float at 1.71%. Institutions hold 58.45% of the Float.
The top institutional shareholder in the company is GLOBAL ALPHA CAPITAL MANAGEMENT LTD. with over 3.2 million shares valued at $66.67 million. The investor’s holdings represent 18.0426 of the LMNR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 1.14 million shares valued at $23.8 million to account for 6.4399 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.94 million shares representing 5.3171 and valued at over $19.59 million, while OLD WEST INVESTMENT MANAGEMENT, LLC holds 4.2037 of the shares totaling 0.75 million with a market value of $15.53 million.
