NYSE:LOCL Local Bounti (LOCL) Stock Price, News & Analysis $2.33 -0.01 (-0.43%) (As of 04:32 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends About Local Bounti Stock (NYSE:LOCL) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Local Bounti alerts:Sign Up Key Stats Today's Range$2.20▼$2.3750-Day Range$2.03▼$2.8052-Week Range$1.56▼$4.60Volume8,058 shsAverage Volume9,604 shsMarket Capitalization$20.13 millionP/E RatioN/ADividend YieldN/APrice TargetN/AConsensus RatingN/A Company OverviewLocal 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… Elon Musk has put himself in their crosshairs (Ad)Today, I have another controversial prediction. One which I will take no pleasure in seeing come true. See, even with President Trump returning as the leader of our free country, I believe Elon Musk is in mortal danger.I share with you in this special investigative documentary. Local Bounti Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks11th Percentile Overall ScoreLOCL MarketRank™: Local Bounti scored higher than 11% of companies evaluated by MarketBeat, and ranked 139th out of 141 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's OpinionN/AAnalyst RatingN/A Consensus RatingThere is not enough analysis data for Local Bounti. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Local Bounti are expected to grow in the coming year, from ($11.24) to ($6.06) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Local Bounti is -0.14, 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 -0.14, 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 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Local Bounti's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.24% 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 12.5, which indicates bearish sentiment.Change versus previous monthShort interest in Local Bounti has recently decreased by 6.48%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldLocal Bounti does not currently pay a dividend.Dividend GrowthLocal Bounti does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted2.24% 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 12.5, which indicates bearish sentiment.Change versus previous monthShort interest in Local Bounti has recently decreased by 6.48%, indicating that investor sentiment is improving significantly. News and Social Media1.0 / 5News Sentiment-0.25 News SentimentLocal Bounti has a news sentiment score of -0.25. 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 0.62 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Local Bounti this week, compared to 0 articles on an average week. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Local Bounti insiders have not sold or bought any company stock.Percentage Held by Insiders38.10% 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.Read more about Local Bounti's insider trading history. 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 LOCL Stock News HeadlinesLocal Bounti Announces Third Quarter 2024 Financial ResultsNovember 14 at 7:15 AM | prnewswire.comLocal Bounti to Release Third Quarter 2024 Financial Results on Thursday, November 14, 2024November 11 at 4:05 PM | prnewswire.comElon Musk has put himself in their crosshairsToday, I have another controversial prediction. One which I will take no pleasure in seeing come true. See, even with President Trump returning as the leader of our free country, I believe Elon Musk is in mortal danger.November 14, 2024 | Porter & Company (Ad)Local Bounti Corporation (NYSE:LOCL) Q2 2024 Earnings Call TranscriptAugust 14, 2024 | msn.comLocal Bounti Announces Second Quarter 2024 Financial ResultsAugust 13, 2024 | prnewswire.comLocal Bounti Now Shipping Product to Brookshire Grocery CompanyAugust 12, 2024 | prnewswire.comLocal Bounti to Release Second Quarter 2024 Financial Results on Tuesday, August 13, 2024August 9, 2024 | prnewswire.comSeveral Insiders Invested In Local Bounti Flagging Positive NewsJuly 31, 2024 | finance.yahoo.comSee More Headlines LOCL Stock Analysis - Frequently Asked Questions How have LOCL shares performed this year? Local Bounti's stock was trading at $2.07 at the beginning of the year. Since then, LOCL stock has increased by 12.6% and is now trading at $2.33. View the best growth stocks for 2024 here. How were Local Bounti's earnings last quarter? Local Bounti Co. (NYSE:LOCL) posted its quarterly earnings results on Tuesday, August, 13th. The company reported ($3.00) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($3.19) by $0.19. The company earned $9.44 million during the quarter, compared to analysts' expectations of $11.30 million. Local Bounti had a negative net margin of 441.65% and a negative trailing twelve-month return on equity of 1,095.76%. When did Local Bounti's stock split? Local Bounti shares reverse split on 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. 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. What other stocks do shareholders of Local Bounti own? Based on aggregate information from My MarketBeat watchlists, some other companies that Local Bounti investors own include HubSpot (HUBS), Domino's Pizza (DPZ), Tesla (TSLA), Bank of America (BAC), ForgeRock (FORG), Netflix (NFLX) and Sportradar Group (SRAD). Company Calendar Last Earnings8/13/2024Today11/14/2024Next Earnings (Confirmed)11/14/2024Fiscal 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/AProfitability EPS (Most Recent Fiscal Year)($17.01) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-124,010,000.00 Net Margins-441.65% Pretax Margin-441.65% Return on Equity-1,095.76% Return on Assets-34.55% Debt Debt-to-Equity RatioN/A Current Ratio0.62 Quick Ratio0.49 Sales & Book Value Annual Sales$27.56 million Price / Sales0.73 Cash FlowN/A Price / Cash FlowN/A Book Value$1.84 per share Price / Book1.27Miscellaneous Outstanding Shares8,640,000Free Float5,351,000Market Cap$20.20 million OptionableNo Data Beta2.51 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? 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