Local Bounti Corp's fundamentals are relatively weak, and its growth potential is high.Its valuation is considered fairly valued, ranking 82 out of 97 in the Food & Tobacco industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 6.00.In the medium term, the stock price is expected to trend down.The company has shown weak stock market performance over the past month, in line with its weak fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Local Bounti Corp's Score
Industry at a Glance
Industry Ranking
82 / 97
Overall Ranking
467 / 4562
Industry
Food & Tobacco
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Local Bounti Corp Highlights
StrengthsRisks
Local Bounti Corporation is a controlled environmental agriculture (CEA) company that produces sustainably grown produce, focused primarily on living and loose-leaf lettuce, arugula, spinach, and basil. The Company’s Stack & Flow Technology significantly improves crop turns, increases output and improves unit economics. It operates advanced indoor growing facilities across the United States, servicing approximately 13,000 retail doors. Its growing methods use 90% less land and 90% less water than conventional farming methods and grow food utilizing a hybrid approach that integrates the attributes of controlled environment agriculture with natural elements. Its primary products include living butter lettuce as well as packaged leafy greens and cress. It has introduced Grab & Go Salads and additions to its baby leaf portfolio with several offerings, including Spinach, Arugula, and Basil. It distributes products primarily through direct relationships with blue-chip retail customers.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 95.84% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 38.14M.
Fairly Valued
The company’s latest PE is -0.22, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 921.99K shares, decreasing 6.35% quarter-over-quarter.
Local Bounti Corporation is a controlled environmental agriculture (CEA) company that produces sustainably grown produce, focused primarily on living and loose-leaf lettuce, arugula, spinach, and basil. The Company’s Stack & Flow Technology significantly improves crop turns, increases output and improves unit economics. It operates advanced indoor growing facilities across the United States, servicing approximately 13,000 retail doors. Its growing methods use 90% less land and 90% less water than conventional farming methods and grow food utilizing a hybrid approach that integrates the attributes of controlled environment agriculture with natural elements. Its primary products include living butter lettuce as well as packaged leafy greens and cress. It has introduced Grab & Go Salads and additions to its baby leaf portfolio with several offerings, including Spinach, Arugula, and Basil. It distributes products primarily through direct relationships with blue-chip retail customers.
Ticker SymbolLOCL
CompanyLocal Bounti Corp
CEOValiasek (Kathleen)
Websitehttps://localbounti.com/
FAQs
What is the current price of Local Bounti Corp (LOCL)?
The current price of Local Bounti Corp (LOCL) is 2.240.
What is the symbol of Local Bounti Corp?
The ticker symbol of Local Bounti Corp is LOCL.
What is the 52-week high of Local Bounti Corp?
The 52-week high of Local Bounti Corp is 5.748.
What is the 52-week low of Local Bounti Corp?
The 52-week low of Local Bounti Corp is 1.838.
What is the market capitalization of Local Bounti Corp?
The market capitalization of Local Bounti Corp is 49.56M.
What is the net income of Local Bounti Corp?
The net income of Local Bounti Corp is -119.90M.
Is Local Bounti Corp (LOCL) currently rated as Buy, Hold, or Sell?
According to analysts, Local Bounti Corp (LOCL) has an overall rating of Buy, with a price target of 6.000.
What is the Earnings Per Share (EPS TTM) of Local Bounti Corp (LOCL)?
The Earnings Per Share (EPS TTM) of Local Bounti Corp (LOCL) is -10.001.