LOCL Stock Overview
Local Bounti Corporation grows and packs fresh greens in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
+ 1 more risk
Local Bounti Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.85 |
| 52 Week High | US$3.78 |
| 52 Week Low | US$1.56 |
| Beta | 2.52 |
| 11 Month Change | -25.20% |
| 3 Month Change | -28.77% |
| 1 Year Change | -48.70% |
| 33 Year Change | -97.95% |
| 5 Year Change | n/a |
| Change since IPO | -98.54% |
Recent News & Updates
Local Bounti Corporation (NYSE:LOCL) Might Not Be As Mispriced As It Looks After Plunging 30%
Nov 20
Local Bounti Corporation (NYSE:LOCL) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Nov 17Recent updates
Local Bounti Corporation (NYSE:LOCL) Might Not Be As Mispriced As It Looks After Plunging 30%
Nov 20Local Bounti Corporation (NYSE:LOCL) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Nov 17Analysts Just Made A Major Revision To Their Local Bounti Corporation (NYSE:LOCL) Revenue Forecasts
Apr 01An Intrinsic Calculation For Local Bounti Corporation (NYSE:LOCL) Suggests It's 37% Undervalued
Mar 31Local Bounti Corporation (NYSE:LOCL) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Nov 13Local Bounti GAAP EPS of -$0.30 misses by $0.03, revenue of $6.29M misses by $0.47M
Nov 10Local Bounti reports mixed Q2 earnings; reaffirms FY22 guidance
Aug 15Local Bounti: Sustainable Farming, Unsustainable Financials
Jun 23Better Than Organic - Local Bounti Co-CEOs Travis Joyner, Craig Hurlbert
May 23Local Bounti Is Bringing Controlled Environment Agriculture To The Stock Market
Dec 27Shareholder Returns
| LOCL | US Food | US Market | |
|---|---|---|---|
| 7D | 10.9% | 0.9% | 0.7% |
| 1Y | -48.7% | 1.6% | 32.2% |
Return vs Industry: LOCL underperformed the US Food industry which returned 1.5% over the past year.
Return vs Market: LOCL underperformed the US Market which returned 31.9% over the past year.
Price Volatility
| LOCL volatility | |
|---|---|
| LOCL Average Weekly Movement | 9.5% |
| Food Industry Average Movement | 5.1% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: LOCL has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: LOCL's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2018 | 301 | Craig Hurlbert | localbounti.com |
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 Fundamentals Summary
| LOCL fundamental statistics | |
|---|---|
| Market cap | US$15.15m |
| Earnings (TTM) | -US$149.20m |
| Revenue (TTM) | US$34.93m |
0.5x
P/S Ratio-0.1x
P/E RatioIs LOCL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LOCL income statement (TTM) | |
|---|---|
| Revenue | US$34.93m |
| Cost of Revenue | US$30.70m |
| Gross Profit | US$4.23m |
| Other Expenses | US$153.43m |
| Earnings | -US$149.20m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -17.24 |
| Gross Margin | 12.11% |
| Net Profit Margin | -427.09% |
| Debt/Equity Ratio | -607.2% |
How did LOCL perform over the long term?
See historical performance and comparison