In last trading session, Local Bounti Corp (NYSE:LOCL) saw 0.47 million shares changing hands with its beta currently measuring 1.92. Company’s recent per share price level of $4.75 trading at $1.93 or 68.44% at ring of the bell on the day assigns it a market valuation of $50.52M. That closing price of LOCL’s stock is at a premium of 29.89% from its 52-week high price of $3.33 and is indicating a premium of 75.16% from its 52-week low price of $1.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 77990.0 shares which gives us an average trading volume of 13.34K if we extend that period to 3-months.
For Local Bounti Corp (LOCL), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -1.31 in the current quarter.
Local Bounti Corp (NYSE:LOCL) trade information
Local Bounti Corp’s shares saw a change of 129.47% in year-to-date performance and have moved 135.73% in past 5-day. Local Bounti Corp (NYSE:LOCL) showed a performance of 98.74% in past 30-days. Number of shares sold short was 60237.0 shares which calculate 7.68 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 1436.5 to the stock, which implies a rise of 99.67% to its current value. Analysts have been projecting 1436.5 as a low price target for the stock while placing it at a high target of 1436.5. It follows that stock’s current price would drop -30142.11% in reaching the projected high whereas dropping to the targeted low would mean a loss of -30142.11% for stock’s current value.
Local Bounti Corp (LOCL) estimates and forecasts
This year revenue growth is estimated to rise 61.52% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 11.3M for the same. And 2 analysts are in estimates of company making revenue of 13.4M in the next quarter. Company posted 8.38M and 9.44M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 60.22% while estimates for its earnings growth in next 5 years are of 32.86%.
Local Bounti Corp (NYSE:LOCL)’s Major holders
Insiders are in possession of 54.99% of company’s total shares while institution are holding 8.93 percent of that, with stock having share float percentage of 19.85%. Investors also watch the number of corporate investors in a company very closely, which is 8.93% institutions for Local Bounti Corp that are currently holding shares of the company.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Select Portfolios-Technology Portfolio are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 130.22 shares of worth $0.62 million or 1.22% of the total outstanding shares. The later fund manager was in possession of 118.99 shares on Feb 28, 2025 , making its stake of worth around $0.57 million in the company or a holder of 1.12% of company’s stock.
