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
+ 2 more risks
My Notes
Capture your thoughts, links and company narrative
Local Bounti Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$2.19 |
| 52 Week High | US$3.33 |
| 52 Week Low | US$1.18 |
| Beta | 2.22 |
| 1 Month Change | 52.08% |
| 3 Month Change | -17.94% |
| 1 Year Change | 2.82% |
| 3 Year Change | -96.66% |
| 5 Year Change | n/a |
| Change since IPO | -98.27% |
Recent News & Updates
Even With A 35% Surge, Cautious Investors Are Not Rewarding Local Bounti Corporation's (NYSE:LOCL) Performance Completely
Jan 04
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 17Recent updates
Even With A 35% Surge, Cautious Investors Are Not Rewarding Local Bounti Corporation's (NYSE:LOCL) Performance Completely
Jan 04Local 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 | 7.4% | -0.3% | -0.2% |
| 1Y | 2.8% | -6.5% | 25.6% |
Return vs Industry: LOCL exceeded the US Food industry which returned -6.5% over the past year.
Return vs Market: LOCL underperformed the US Market which returned 25.6% over the past year.
Price Volatility
| LOCL volatility | |
|---|---|
| LOCL Average Weekly Movement | 23.1% |
| Food Industry Average Movement | 5.1% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 18.3% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: LOCL's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: LOCL's weekly volatility has increased from 15% to 23% 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$18.96m |
| 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 comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 03:10 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Local Bounti Corporation is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Barnes | Deutsche Bank |
| Benjamin Klieve | Lake Street Capital Markets, LLC |
| Pamela Kaufman | Morgan Stanley |