Local Bounti Corporation (LOCL) Stock Forecast & Analysis

Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Local Bounti Corporation (LOCL:NYSE), powered by AI.

Current Price
$2.76
P/E Ratio
-0.2
Market Cap
23M
Sector
Consumer Defensive
What is the Local Bounti Corporation stock price forecast?

Local Bounti Corporation is currently trading at $2.76. View real-time AI analysis on Alpha Lenz.

What is Local Bounti Corporation insider trading activity?

View the latest insider trading data for Local Bounti Corporation on Alpha Lenz.

What is Local Bounti Corporation's P/E ratio?

Local Bounti Corporation's P/E ratio is -0.2.

Local Bounti Corporation

NYSE · LOCL
$2.76
Ask about Local Bounti Corporation's future dividend policy...
Alpha Chat Insight

Local Bounti Corporation trades at a P/E of -0.2 (undervalued) with strong ROE of 281.4%. 3Y revenue CAGR of 291.0% highlights clear growth momentum.

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Company Overview

Local Bounti Corporation is an agribusiness company specializing in indoor agriculture, particularly vertical farming. The primary function of Local Bounti is to produce high-quality, sustainable produce using environmentally friendly methods. By leveraging controlled-environment agriculture, the company can grow leafy greens and herbs efficiently, regardless of external weather conditions, enabling year-round production. Notable for its technology-driven approach, Local Bounti employs innovative farming techniques that significantly reduce water usage and land footprint as compared to traditional farming methods. This organization plays a vital role in the agricultural sector, especially as global demand for fresh produce continues to grow. Local Bounti's operational model supports reduced food mileage and shorter supply chains, delivering fresher products to consumers swiftly. The company's commitment to sustainability aligns with broader trends of environmental consciousness and food security, positioning it as potentially influential in reshaping modern agricultural practices. Through these initiatives, Local Bounti innovates within the food production industry, advocating for sustainable eating and contributing to the global conversation on reducing the environmental impact of agriculture.

CEOMs. Kathleen Valiasek
SectorConsumer Defensive
IndustryFarm Products
Employees333

Company Statistics

FY 2024

Profile

$23.41MMarket Cap
$38.14MRevenue
0.00Shares Out
333Employees

Margins

10.72%Gross
-112.54%EBITDA
-154.62%Operating
-314.39%Pre-Tax
-314.39%Net

Valuation

-0.20P/E
-0.23P/B
0.61EV/Sales
-10.71EV/EBITDA
-0.21P/FCF

Growth (CAGR)

291.00%Rev 3Yr
N/ARev 5Yr
N/AOp Inc 3Yr
N/AOp Inc 5Yr
N/ANet Inc 3Yr
N/ANet Inc 5Yr

Returns

-29.61%ROA
281.37%ROE
-15.06%ROIC

Financial Health

$937.00KCash & Cash Equivalents
$527.60MNet Debt
-525.91%Debt/Equity
N/AInterest Cov

Frequently Asked Questions

Local Bounti Corporation (ticker: LOCL) is a company listed on NYSE in the Consumer Defensive sector (Farm Products). It has approximately 333 employees. Market cap is $23M.

The current price is $2.76 with a P/E ratio of -0.2x and P/B of -0.23x.

ROE is 281.37% and operating margin is -154.62%. Annual revenue is $38M.

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Local Bounti Corporation (Consumer Defensive) Stock Forecast & Analysis $2.76 | Alpha Lenz