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 $2.18
• 50-Day Range: $1.20 to $2.35
• 52-Week Range: $1.18 to $3.33
• Volume: 44,667 shs
• Average Volume: 13,981 shs
• Market Capitalization: $18.75 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 on January 1st, 2025. Since then, LOCL shares have increased by 4.6% and is now trading at $2.1650.
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, topping analysts' consensus estimates of ($3.19) by $0.19. The business 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?

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.

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: 1/21/2025
• 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: 0.68
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.84 per share
• Price / Book: 1.18

Miscellaneous

• Outstanding Shares: 8,660,000
• Free Float: 5,358,000
• Market Cap: $18.75 million
• Optionable: No Data
• Beta: 2.22