Local Bounti (LOCL) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $2.12 to $2.16
• 50-Day Range: $1.20 to $2.37
• 52-Week Range: $1.18 to $3.33
• Volume: 3,313 shs
• Average Volume: 31,465 shs
• Market Capitalization: $18.52 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

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 3.3% and is now trading at $2.1390.
View the best growth stocks for 2025 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 business had revenue of $9.44 million for the quarter, compared to the consensus estimate of $11.30 million. Local Bounti had a negative trailing twelve-month return on equity of 1,095.76% and a negative net margin of 427.08%.

When did Local Bounti's stock split?

Shares of Local Bounti reverse split before market open 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.
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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), Tesla (TSLA), Bank of America (BAC), ForgeRock (FORG), Netflix (NFLX) and Sportradar Group (SRAD).

Company Calendar

• Last Earnings: 8/13/2024
• Today: 1/18/2025
• Next Earnings (Estimated): 3/26/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Agricultural production - crops
• Sub-Industry: Agriculture
• Current Symbol: NYSE:LOCL
• CUSIP: N/A
• CIK: 1840780
• Web: leoholdings.com
• Phone: 800-640-4016
• Fax: N/A
• Employees: 110
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($18.00)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net 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 Ratio: N/A
• Current Ratio: 0.33
• Quick Ratio: 0.20

Sales & Book Value

• Annual Sales: $27.56 million
• Price / Sales: 0.67
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.84 per share
• Price / Book: 1.16

Miscellaneous

• Outstanding Shares: 8,660,000
• Free Float: 5,358,000
• Market Cap: $18.52 million
• Optionable: No Data
• Beta: 2.22