NYSE:LOCL Local Bounti (LOCL) Stock Price, News & Analysis $1.75 +0.01 (+0.57%) (As of 11/29/2024 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$1.75▼$1.8050-Day Range$1.67▼$2.8052-Week Range$1.56▼$4.00Volume3,755 shsAverage Volume9,806 shsMarket Capitalization$15.16 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… 📉 Warning: Market Crash Predicted - Secure Your Savings (Ad)The last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%.Take these 4 steps to protect your retirement here >>> 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 140th out of 144 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 ($13.81) to ($6.25) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Local Bounti is -0.10, 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 -0.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.08% 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 9.7.Change versus previous monthShort interest in Local Bounti has recently decreased by 6.67%, 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 Shorted2.08% 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 9.7.Change versus previous monthShort interest in Local Bounti has recently decreased by 6.67%, indicating that investor sentiment is improving significantly. News and Social Media0.0 / 5News SentimentN/A News Coverage This WeekMarketBeat has tracked 1 news article 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 HeadlinesHead to Head Review: Lendway (NASDAQ:LDWY) vs. Local Bounti (NYSE:LOCL)November 28 at 1:55 AM | americanbankingnews.comBearish: Analysts Just Cut Their Local Bounti Corporation (NYSE:LOCL) Revenue and EPS estimatesNovember 20, 2024 | finance.yahoo.comYou won’t believe where OpenAI billionaire is investing nowBillionaire Sam Altman has become one of the most powerful men in the world by running OpenAI… But there’s a far lesser known investment he’s making that could put OpenAI to shame. In fact this Sam Altman-backed company could actually become a crucial partner for OpenAI… And the US Military… not to mention hundreds of other giant companies around the globe. To make the story even crazier… this company only recently became viable, thanks to an obscure piece of legislation that President Trump signed before he left office… Which ordered the government to take this incredible new technology seriously.November 29, 2024 | DTI (Ad)Local Bounti Corporation Q3 2024 Financial HighlightsNovember 15, 2024 | markets.businessinsider.comLocal Bounti Corporation (NYSE:LOCL) Q3 2024 Earnings Call TranscriptNovember 15, 2024 | msn.comLocal Bounti Corporation (LOCL) Q3 2024 Earnings Call TranscriptNovember 14, 2024 | seekingalpha.comLocal Bounti Announces Third Quarter 2024 Financial ResultsNovember 14, 2024 | prnewswire.comLocal Bounti to Release Third Quarter 2024 Financial Results on Thursday, November 14, 2024November 11, 2024 | prnewswire.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 on January 1st, 2024. Since then, LOCL shares have decreased by 15.5% and is now trading at $1.75. View the best growth stocks for 2024 here. How were Local Bounti's earnings last quarter? Local Bounti Co. (NYSE:LOCL) announced its earnings results on Tuesday, August, 13th. The company reported ($3.00) earnings per share for the quarter, beating the consensus estimate of ($3.19) by $0.19. The company earned $9.44 million during the quarter, compared to analyst estimates of $11.30 million. Local Bounti had a negative net margin of 427.08% and a negative trailing twelve-month return on equity of 1,095.76%. When did Local Bounti's stock split? Shares of Local Bounti 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. 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 Earnings8/13/2024Today11/29/2024Fiscal 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)($18.00) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-124,010,000.00 Net Margins-427.08% Pretax Margin-427.08% Return on Equity-1,095.76% Return on Assets-35.86% Debt Debt-to-Equity RatioN/A Current Ratio0.33 Quick Ratio0.20 Sales & Book Value Annual Sales$27.56 million Price / Sales0.55 Cash FlowN/A Price / Cash FlowN/A Book Value($7.58) per share Price / Book-0.23Miscellaneous Outstanding Shares8,660,000Free Float5,358,000Market Cap$15.16 million OptionableNo Data Beta2.51 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? 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