LOCL Stock Overview
Local Bounti Corporation grows and packs fresh greens in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| 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$3.00 |
| 52 Week High | US$8.70 |
| 52 Week Low | US$1.17 |
| Beta | 2.66 |
| 1 Month Change | 4.52% |
| 3 Month Change | 35.14% |
| 1 Year Change | -55.60% |
| 3 Year Change | -97.69% |
| 5 Year Change | n/a |
| Change since IPO | -97.63% |
Recent News & Updates
Recent updates
Analysts Just Made A Major Revision To Their Local Bounti Corporation (NYSE:LOCL) Revenue Forecasts
Apr 01
An 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 | 31.0% | 3.1% | 1.0% |
| 1Y | -55.6% | -11.9% | 21.9% |
Return vs Industry: LOCL underperformed the US Food industry which returned -9.9% over the past year.
Return vs Market: LOCL underperformed the US Market which returned 24.9% over the past year.
Price Volatility
| LOCL volatility | |
|---|---|
| LOCL Average Weekly Movement | 11.2% |
| Food Industry Average Movement | 4.7% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: LOCL's share price has been volatile over the past 3 months.
Volatility Over Time: LOCL's weekly volatility has decreased from 17% to 11% over the past year, but is still higher than 75% of US stocks.
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$25.43m |
| Earnings (TTM) | -US$124.01m |
| Revenue (TTM) | US$27.56m |
0.9x
P/S Ratio-0.2x
P/E RatioIs LOCL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LOCL income statement (TTM) | |
|---|---|
| Revenue | US$27.56m |
| Cost of Revenue | US$25.34m |
| Gross Profit | US$2.22m |
| Other Expenses | US$126.23m |
| Earnings | -US$124.01m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -14.63 |
| Gross Margin | 8.04% |
| Net Profit Margin | -450.03% |
| Debt/Equity Ratio | 1,820.1% |
How did LOCL perform over the long term?
See historical performance and comparison