Local Bounti Corp
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $2.58
- Today's High:
- $2.65
- Open Price:
- $2.62
- 52W Low:
- $2.5
- 52W High:
- $44.59
- Prev. Close:
- $2.61
- Volume:
- 9717
Company Statistics
- Market Cap.:
- $24.60 million
- Book Value:
- 12.001
- Revenue TTM:
- $26.80 million
- Operating Margin TTM:
- -292.48%
- Gross Profit TTM:
- $3.99 million
- Profit Margin:
- 0%
- Return on Assets TTM:
- -15.59%
- Return on Equity TTM:
- -75.17%
Company Profile
Local Bounti Corp had its IPO on 2021-04-19 under the ticker symbol LOCL.
The company operates in the Consumer Defensive sector and Farm Products industry. Local Bounti Corp has a staff strength of 289 employees.
Stock update
Shares of Local Bounti Corp opened at $2.62 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $2.58 - $2.65, and closed at $2.6.
This is a -0.38% slip from the previous day's closing price.
A total volume of 9,717 shares were traded at the close of the day’s session.
In the last one week, shares of Local Bounti Corp have slipped by -13.04%.
Local Bounti Corp's Key Ratios
Local Bounti Corp has a market cap of $24.60 million, indicating a price to book ratio of 1.859 and a price to sales ratio of 15.7682.
In the last 12-months Local Bounti Corp’s revenue was $26.80 million with a gross profit of $3.99 million and an EBITDA of $-65118000. The EBITDA ratio measures Local Bounti Corp's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Local Bounti Corp’s operating margin was -292.48% while its return on assets stood at -15.59% with a return of equity of -75.17%.
In Q2, Local Bounti Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 14.6%.
Local Bounti Corp’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-11.58 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Local Bounti Corp’s profitability.
Local Bounti Corp stock is trading at a EV to sales ratio of 25.1993 and a EV to EBITDA ratio of -3.5614. Its price to sales ratio in the trailing 12-months stood at 15.7682.
Local Bounti Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $364.01 million
- Total Liabilities
- $26.48 million
- Operating Cash Flow
- $-43502000.00
- Capital Expenditure
- $43.50 million
- Dividend Payout Ratio
- 0%
Local Bounti Corp ended 2024 with $364.01 million in total assets and $0 in total liabilities. Its intangible assets were valued at $364.01 million while shareholder equity stood at $98.28 million.
Local Bounti Corp ended 2024 with $0 in deferred long-term liabilities, $26.48 million in other current liabilities, 1000.00 in common stock, $-213516000.00 in retained earnings and $38.48 million in goodwill. Its cash balance stood at $33.95 million and cash and short-term investments were $33.95 million. The company’s total short-term debt was $62,000 while long-term debt stood at $179.40 million.
Local Bounti Corp’s total current assets stands at $50.52 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $2.79 million compared to accounts payable of $9.05 million and inventory worth $4.25 million.
In 2024, Local Bounti Corp's operating cash flow was $-43502000.00 while its capital expenditure stood at $43.50 million.
Comparatively, Local Bounti Corp paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $2.6
- 52-Week High
- $44.59
- 52-Week Low
- $2.5
- Analyst Target Price
- $12
Local Bounti Corp stock is currently trading at $2.6 per share. It touched a 52-week high of $44.59 and a 52-week low of $44.59. Analysts tracking the stock have a 12-month average target price of $12.
Its 50-day moving average was $3.4 and 200-day moving average was $9.17 The short ratio stood at 5.98 indicating a short percent outstanding of 0%.
Around 5316.5% of the company’s stock are held by insiders while 2137.6% are held by institutions.
Frequently Asked Questions About Local Bounti Corp
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About
Local Bounti Corporation grows and packs fresh greens in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.