NYSE:LOCL Local Bounti (LOCL) Stock Price, News & Analysis → His win rate puts Warren Buffett to shame… (From Investing Daily) (Ad) Free LOCL Stock Alerts $2.95 -0.05 (-1.67%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$2.91▼$3.0950-Day Range$2.14▼$3.0552-Week Range$1.17▼$8.70Volume11,450 shsAverage Volume11,364 shsMarket Capitalization$24.90 millionP/E RatioN/ADividend YieldN/APrice Target$9.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Local Bounti alerts: Email Address Local Bounti MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside205.1% Upside$9.00 Price TargetShort InterestBearish2.33% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.29Based on 2 Articles This WeekInsider TradingSelling Shares$2,682 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($10.29) to ($5.55) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.35 out of 5 starsConsumer Staples Sector110th out of 134 stocksAgricultural Production - Crops Industry9th out of 9 stocks 3.0 Analyst's Opinion Consensus RatingLocal Bounti has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageLocal Bounti has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.33% of the float of Local Bounti has been sold short.Short Interest Ratio / Days to CoverLocal Bounti has a short interest ratio ("days to cover") of 6.7.Change versus previous monthShort interest in Local Bounti has recently increased by 3.23%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldLocal Bounti does not currently pay a dividend.Dividend GrowthLocal Bounti does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LOCL. Previous Next 0.9 News and Social Media Coverage News SentimentLocal Bounti has a news sentiment score of -0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Local Bounti this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Local Bounti to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Local Bounti insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,682.00 in company stock.Percentage Held by Insiders36.00% of the stock of Local Bounti is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 28.01% of the stock of Local Bounti is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Local Bounti are expected to grow in the coming year, from ($10.29) to ($5.55) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Local Bounti is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Local Bounti is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioLocal Bounti has a P/B Ratio of 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. See why the elites are pouring billions into gold. About Local Bounti Stock (NYSE:LOCL)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 was founded in 2018 and is headquartered in Hamilton, Montana.Read More LOCL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LOCL Stock News HeadlinesApril 23, 2024 | finance.yahoo.comLocal Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Pasco, Washington with Ribbon Cutting CeremonyApril 23, 2024 | americanbankingnews.comLocal Bounti (NYSE:LOCL) Stock Price Up 4.7%April 28, 2024 | Colonial Metals (Ad)Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. April 20, 2024 | investorplace.com3 Vegan Stocks to Buy Now: Q2 EditionApril 5, 2024 | prnewswire.comLocal Bounti Receives Continued Listing Standard Notice from NYSEMarch 30, 2024 | finance.yahoo.comEarnings Update: Local Bounti Corporation (NYSE:LOCL) Just Reported And Analysts Are Trimming Their ForecastsMarch 30, 2024 | finance.yahoo.comLocal Bounti Corporation (NYSE:LOCL) Q4 2023 Earnings Call TranscriptMarch 29, 2024 | uk.investing.comEarnings call: Local Bounti reports growth and strategic expansions in 2023April 28, 2024 | Colonial Metals (Ad)Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. March 29, 2024 | seekingalpha.comLocal Bounti Corporation (LOCL) Q4 2023 Earnings Call TranscriptMarch 27, 2024 | markets.businessinsider.comBuy Rating Affirmed: Local Bounti’s Growth Trajectory and Financial OutlookMarch 27, 2024 | investorplace.comLOCL Stock Earnings: Local Bounti Misses EPS, Misses Revenue for Q4 2023March 27, 2024 | prnewswire.comLocal Bounti Announces Full Year 2023 Financial ResultsMarch 26, 2024 | benzinga.comPreview: Local Bounti's EarningsMarch 26, 2024 | finance.yahoo.comLocal Bounti to Release Full Year 2023 Financial Results on Wednesday, March 27, 2024March 13, 2024 | seekingalpha.comVillage Farms GAAP EPS of -$0.20 misses by $0.18, revenue of $74.2M beats by $3.27MMarch 1, 2024 | investorplace.com3 Stock Picks to Ride the Vertical Farming WaveFebruary 21, 2024 | finance.yahoo.comLocal Bounti Receives Patent for Stack & Flow Technology®February 21, 2024 | prnewswire.comLocal Bounti Receives Patent for Stack & Flow Technology®January 24, 2024 | markets.businessinsider.comLocal Bounti Secures $15 Mln Under Amended Cargill Credit FacilityJanuary 24, 2024 | finance.yahoo.comLocal Bounti Amends Cargill Credit Facility and Receives Funds for Working CapitalDecember 19, 2023 | markets.businessinsider.comAnalysts Are Bullish on These Consumer Goods Stocks: Local Bounti Corporation (LOCL), UTZ Brands (UTZ)December 16, 2023 | markets.businessinsider.comLocal Bounti Corporation: Poised for Profitability with Strong Backing and Strategic Growth InitiativesDecember 15, 2023 | msn.comLocal Bounti announces CEO transition; sees 2023 sales of $28MDecember 15, 2023 | finance.yahoo.comLocal Bounti Announces Leadership Transition and Provides Business UpdateNovember 8, 2023 | morningstar.comLocal Bounti Corp Class A LOCLNovember 7, 2023 | msn.comLocal Bounti finance chief buys 2K common sharesSee More Headlines Receive LOCL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Local Bounti and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/27/2024Today4/28/2024Next Earnings (Estimated)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Staples Industry Agricultural production - crops Sub-IndustryN/A Current SymbolNYSE:LOCL CUSIPN/A CIK1840780 Webleoholdings.com Phone800-640-4016FaxN/AEmployees301Year FoundedN/APrice Target and Rating Average Stock Price Target$9.00 High Stock Price Target$9.00 Low Stock Price Target$9.00 Potential Upside/Downside+205.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($15.4609) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-124,010,000.00 Net Margins-450.03% Pretax Margin-450.03% Return on Equity-167.86% Return on Assets-34.89% Debt Debt-to-Equity Ratio18.20 Current Ratio0.84 Quick Ratio0.71 Sales & Book Value Annual Sales$27.56 million Price / Sales0.90 Cash FlowN/A Price / Cash FlowN/A Book Value$1.84 per share Price / Book1.60Miscellaneous Outstanding Shares8,440,000Free Float5,400,000Market Cap$24.90 million OptionableNo Data Beta2.66 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesDr. Travis M. Joyner J.D. (Age 41)Ph.D., Co-Founder, Chief Technology Officer & Chairman Comp: $82.75kMr. Craig M. Hurlbert (Age 61)Co-Founder, CEO & Director Comp: $86.11kMs. Kathleen Valiasek (Age 60)Chief Financial Officer Comp: $437.85kMs. Margaret E. McCandless (Age 51)General Counsel & Corporate Secretary Key CompetitorsOrigin AgritechNASDAQ:SEEDS&W SeedNASDAQ:SANWDavis CommoditiesNASDAQ:DTCKYunhong Green CTINASDAQ:YHGJWillamette Valley VineyardsNASDAQ:WVVIView All CompetitorsInsiders & InstitutionsMark Joseph NelsonSold 660 sharesTotal: $1,524.60 ($2.31/share)Mark Joseph NelsonSold 447 sharesTotal: $1,157.73 ($2.59/share)BNP Paribas Asset Management Holding S.A.Bought 78,205 shares on 2/9/2024Ownership: 2.398%Schwarz Dygos Wheeler Investment Advisors LLCSold 166,667 shares on 2/5/2024Ownership: 0.334%Kathleen ValiasekBought 800 shares on 11/13/2023Total: $2,536.00 ($3.17/share)View All Insider TransactionsView All Institutional Transactions LOCL Stock Analysis - Frequently Asked Questions Should I buy or sell Local Bounti stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Local Bounti in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LOCL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LOCL, but not buy additional shares or sell existing shares. View LOCL analyst ratings or view top-rated stocks. What is Local Bounti's stock price target for 2024? 1 equities research analysts have issued 1 year price targets for Local Bounti's shares. Their LOCL share price targets range from $9.00 to $9.00. On average, they anticipate the company's stock price to reach $9.00 in the next year. This suggests a possible upside of 205.1% from the stock's current price. View analysts price targets for LOCL or view top-rated stocks among Wall Street analysts. How have LOCL shares performed in 2024? Local Bounti's stock was trading at $2.07 on January 1st, 2024. Since then, LOCL shares have increased by 42.5% and is now trading at $2.95. View the best growth stocks for 2024 here. Are investors shorting Local Bounti? Local Bounti saw a decrease in short interest in March. As of March 15th, there was short interest totaling 75,600 shares, a decrease of 19.1% from the February 29th total of 93,400 shares. Based on an average daily trading volume, of 15,800 shares, the short-interest ratio is presently 4.8 days. Currently, 2.3% of the shares of the company are short sold. View Local Bounti's Short Interest. When is Local Bounti's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our LOCL earnings forecast. How were Local Bounti's earnings last quarter? Local Bounti Co. (NYSE:LOCL) issued its quarterly earnings results on Wednesday, March, 27th. The company reported ($8.10) earnings per share for the quarter, missing the consensus estimate of ($3.18) by $4.92. The company earned $6.87 million during the quarter, compared to the consensus estimate of $7.40 million. Local Bounti had a negative trailing twelve-month return on equity of 167.86% and a negative net margin of 450.03%. When did Local Bounti's stock split? Local Bounti's stock reverse split on the morning of Thursday, June 15th 2023. The 1-13 reverse split was announced on Thursday, June 15th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, June 15th 2023. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split. What guidance has Local Bounti issued on next quarter's earnings? Local Bounti issued an update on its first quarter 2024 earnings guidance on Wednesday, March, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $8.4 million-$8.4 million, compared to the consensus revenue estimate of $10.5 million. How do I buy shares of Local Bounti? Shares of LOCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:LOCL) was last updated on 4/28/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingHis win rate puts Warren Buffett to shame… Investing DailyThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe A.I. story nobody is telling you (Read ASAP)TradeSmithBiden out June 13; Kamala won’t replace him?Paradigm PressJeff Bezos Just Humiliated Elon MuskInvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Local Bounti Co. 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