Lancaster Colony Corp (NASDAQ: LANC) is 9.18% higher on its value in year-to-date trading and has touched a low of $163.20 and a high of $202.63 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LANC stock was last observed hovering at around $183.10 in the last trading session, with the day’s gains setting it 5.93%.
Currently trading at $189.03, the stock is 5.82% and 2.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing 3.24% at the moment leaves the stock 3.68% off its SMA200. LANC registered -0.52% loss for a year compared to 6-month loss of 4.74%. The firm has a 50-day simple moving average (SMA 50) of $184.334 and a 200-day simple moving average (SMA200) of $182.3278.
The stock witnessed a 6.84% gain in the last 1 month and extending the period to 3 months gives it a 11.00%, and is 4.36% up 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 2.83% over the week and 2.91% over the month.
Lancaster Colony Corp (LANC) has around 3400 employees, a market worth around $5.21B and $1.90B in sales. Current P/E ratio is 33.20 and Fwd P/E is 26.16. Profit margin for the company is 8.23%. Distance from 52-week low is 15.83% and -6.71% from its 52-week high. The company has generated returns on investments over the last 12 months (15.32%).
with sales reaching $483.47M over the same period.The EPS is expected to grow by 6.80% this year, but quarterly earnings will post 2.93% year-over-year. Quarterly sales are estimated to grow 2.55% in year-over-year returns.
450.0 institutions hold shares in Lancaster Colony Corp (LANC), with institutional investors hold 87.47% of the company’s shares. The shares outstanding are 27.57M, and float is at 20.72M with Short Float at 2.38%. Institutions hold 62.98% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.6 million shares valued at $491.98 million. The investor’s holdings represent 9.4854 of the LANC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.19 million shares valued at $413.09 million to account for 7.9677 of the shares outstanding. The other top investors are STATE STREET CORP which holds 1.06 million shares representing 3.8602 and valued at over $200.22 million, while WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC holds 3.6959 of the shares totaling 1.01 million with a market value of $191.69 million.
Lancaster Colony Corp (LANC) Insider Activity
The most recent transaction is an insider sale by Ciesinski David Alan, the company’s President and CEO. SEC filings show that Ciesinski David Alan sold 17,000 shares of the company’s common stock on Feb 13 ’25 at a price of $191.19 per share for a total of $3.25 million. Following the sale, the insider now owns 54644.0 shares.
Still, SEC filings show that on Aug 27 ’24, Fullen Elliot K. (Director) acquired 3,000 shares at an average price of $169.00 for $0.51 million. The insider now directly holds 5,298 shares of Lancaster Colony Corp (LANC).
