Does Lifeway Foods, Inc. (LWAY)’s Current Price Volatility Hinder Its Future Potential?

Lifeway Foods, Inc. (NASDAQ:LWAY) has a beta value of 1.02 and has seen 0.46 million shares traded in the recent trading session. The company, currently valued at $381.43M, closed the recent trade at $25.79 per share which meant it gained $4.29 on the day or 19.95% during that session. The LWAY stock price is -10.93% off its 52-week high price of $28.61 and 64.87% above the 52-week low of $9.06. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.12 million shares traded. The 3-month trading volume is 161.79K shares.

The consensus among analysts is that Lifeway Foods, Inc. (LWAY) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.

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Lifeway Foods, Inc. (NASDAQ:LWAY) trade information

Sporting 19.95% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the LWAY stock price touched $25.79 or saw a fall of -2.22%. Year-to-date, Lifeway Foods, Inc. shares have moved 92.32%, while the 5-day performance has seen it change 15.60%. Over the past 30 days, the shares of Lifeway Foods, Inc. (NASDAQ:LWAY) have changed 33.90%. Short interest in the company has seen 0.4 million shares shorted with days to cover at 2.07.

Lifeway Foods, Inc. (LWAY) estimates and forecasts

Figures show that Lifeway Foods, Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained 47.29% over the past 6 months, with this year growth rate of 32.00%, compared to 20.40% for the industry.

Earnings growth for 2024 is a modest 30.67% while over the next 5 years, the company’s earnings are expected to increase by 10.00%.

LWAY Dividends

Lifeway Foods, Inc. is expected to release its next earnings report on 2024-Nov-11 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Lifeway Foods, Inc. (NASDAQ:LWAY)’s Major holders

Insiders own 68.55% of the company shares, while shares held by institutions stand at 20.07% with a share float percentage of 63.82%. Investors are also buoyed by the number of investors in a company, with Lifeway Foods, Inc. having a total of 98.0 institutions that hold shares in the company. The top two institutional holders are RENAISSANCE TECHNOLOGIES LLC with over 0.45 million shares worth more than $5.81 million. As of 2024-06-30, RENAISSANCE TECHNOLOGIES LLC held 3.095% of shares outstanding.

The other major institutional holder is DIMENSIONAL FUND ADVISORS LP, with the holding of over 0.31 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.99 million and represent 2.1259% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and DFA U.S. Targeted Value Portfolio. As of Jun 30, 2024, the former fund manager holds about 1.17% shares in the company for having 172.78 shares of worth $4.41 million while later fund manager owns 143.14 shares of worth $3.66 million as of Apr 30, 2024, which makes it owner of about 0.97% of company’s outstanding stock.