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Market Cap 41.75M P/E - EPS this Y 28.00% Ern Qtrly Grth -
Income -139.13M Forward P/E -0.63 EPS next Y 54.20% 50D Avg Chg 26.00%
Sales 31.5M PEG 0.00 EPS past 5Y - 200D Avg Chg -62.00%
Dividend N/A Price/Book 0.40 EPS next 5Y 104.77% 52W High Chg -92.00%
Recommedations 1.50 Quick Ratio 0.28 Shares Outstanding 8.64M 52W Low Chg 106.00%
Insider Own 56.06% ROA -9.96% Shares Float 4.09M Beta 2.54
Inst Own 11.08% ROE -425.20% Shares Shorted/Prior 81.85K/76.21K Price 5.14
Gross Margin 10.23% Profit Margin - Avg. Volume 38,607 Target Price -
Oper. Margin -146.82% Earnings Date Oct 29 Volume 163,870 Change 15.77%
About Local Bounti Corporation

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.

Local Bounti Corporation News
11/20/24 Bearish: Analysts Just Cut Their Local Bounti Corporation (NYSE:LOCL) Revenue and EPS estimates
11/14/24 Local Bounti Announces Third Quarter 2024 Financial Results
11/11/24 Local Bounti to Release Third Quarter 2024 Financial Results on Thursday, November 14, 2024
08/13/24 Local Bounti Announces Second Quarter 2024 Financial Results
08/12/24 Local Bounti Now Shipping Product to Brookshire Grocery Company
08/09/24 Local Bounti to Release Second Quarter 2024 Financial Results on Tuesday, August 13, 2024
07/31/24 Several Insiders Invested In Local Bounti Flagging Positive News
07/22/24 Local Bounti Expands Distribution with Sam's Club
06/25/24 Local Bounti Chief Financial Officer Kathleen Valiasek Promoted to President and CFO
06/20/24 Local Bounti Announces NYSE Acceptance of Plan to Regain Listing Compliance
05/16/24 Local Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Mount Pleasant, Texas with Ribbon Cutting Ceremony
05/11/24 Local Bounti First Quarter 2024 Earnings: EPS Misses Expectations
05/09/24 Local Bounti Announces First Quarter 2024 Financial Results
05/06/24 Local Bounti to Release First Quarter 2024 Financial Results on Thursday, May 9, 2024
04/23/24 Local Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Pasco, Washington with Ribbon Cutting Ceremony
04/05/24 Local Bounti Receives Continued Listing Standard Notice from NYSE
03/27/24 Local Bounti Announces Full Year 2023 Financial Results
03/26/24 Local Bounti to Release Full Year 2023 Financial Results on Wednesday, March 27, 2024
08:00 AM Local Bounti Receives Patent for Stack & Flow Technology®
01/24/24 Local Bounti Amends Cargill Credit Facility and Receives Funds for Working Capital
LOCL Chatroom

User Image komo819 Posted - 9 hours ago

$LOCL dump it more, why not

User Image komo819 Posted - 10 hours ago

$LOCL and green to red, another sell off trying to minimize loss. wonder how low it will go today

User Image mrsaintor Posted - 12 hours ago

$SDOT when compared to other stocks in this sector SDOT will be a winner. Let's look at a few $LOCL -4.01 eps -149mil income mc 15mil - garbage $VFF -1.0 eps -49mil income MC 80mil - garbage $AFRI -.47eps -12mil income MC 278mil ☆ $SDOT +.23 eps +1.61mil income MC 20mil No brainer. Keep selling me more. 4mil in float,pry close to 40% in big tutes leaving retail lil over 2mil of which I plan to accumulate 100k myself. Wont be much left soon

User Image komo819 Posted - 1 day ago

$LOCL great last minute dump, this might be the end of locl

User Image komo819 Posted - 2 days ago

$LOCL love underestimating how shit this stock is

User Image PenkeTrading Posted - 3 days ago

I found you an Oversold RSI (Relative Strength Index) on the daily chart of Local Bounti Corp. Is that bullish or bearish? $LOCL #RsiOversold #NYSE

User Image PsychoPass Posted - 3 days ago

$LOCL it's going ti 0$ like $APPHQ

User Image komo819 Posted - 3 days ago

$LOCL probably 1's today already

User Image komo819 Posted - 3 days ago

$LOCL it's done, 1.62 is the next stop

User Image komo819 Posted - 6 days ago

$LOCL 2.14 is the low since april, no doubt it will test it again at this rate. would buy more, but why

User Image d_risk Posted - 1 week ago

$LOCL - Local Bounti Corporation/DE - 10Q - Updated Risk Factors Local Bounti faces substantial doubt about its ability to continue as a going concern, with risks of stockholder dilution, asset foreclosure by Cargill Financial, and restrictive credit covenants. #Risk https://d-risk.ai/LOCL/10-Q/2024-11-14

User Image oldmanrizzer Posted - 1 week ago

$LOCL sorry my sale moved it down another penny.

User Image nate_22 Posted - 1 week ago

$LOCL Kathie on changes of midwest facility from last update (summarized): Site is the same. Size of the site is still under consideration and the reason being is that a couple of our large customers would like a great amount of capacity at that facility. Also Arugula and Spinach have faster turns as well so that is all factoring into site design and capacity.

User Image oldmanrizzer Posted - 1 week ago

$LOCL Took an 80 dollar loss. I'm out...done with CEA for good! This time for real!

User Image nate_22 Posted - 1 week ago

$LOCL Degree of comfort to secure the capital and how quickly (question was more specific on sale-leasebacks): “There is a capital provider that is providing capital under our existing Cargill facility that bought in to the Texas facility and they are covering that 30% and they are interested in committing much more capital towards the Midwest facility… Several others want to do construction financing on top of a sale leaseback. We have that sale leaseback with STOR on those California facilities, they and several others… I actually have several term sheets on them. Im not closing on them until we hear from our customers and figure out what size we need the expansions to be as well as the Midwest facility.”

User Image nate_22 Posted - 1 week ago

$LOCL Kathie - GA facility is at fully utilization and WA facility is in full utilization this quarter. TX will be at full utilization in Q2.

User Image nate_22 Posted - 1 week ago

$LOCL Kathie spelling out SKU changes & a little insight to capital efficiency strategy within the company: “… listening to our customers, but also because we are broaden our SKU set in this way, it likewise means that we are able to broaden our relationship with our customers. And what does that mean? It allows us to talk to them about offtake agreements like we have with Sam’s. And then what does that mean for Local Bounti? It means offtake agreements garner better construction financing as well as sale-leaseback financing. And that’s one of the reasons why we backed off from the CCLs that we had talked about in the past because those CCLs required that the funds were to be deployed within a certain timeframe. We didn’t want to close on that funding because we have to listen to what our customers are saying so the builds are sold out before we break ground.”

User Image komo819 Posted - 1 week ago

$LOCL how the hell they going to make it until Q2 next year? this is going back to 1's, no one is touching this now for sure

User Image oldmanrizzer Posted - 1 week ago

$LOCL Hot Garbage.

User Image nate_22 Posted - 1 week ago

$LOCL Damn they spent more time answering the first question than reading their prepared remarks 😂

User Image oldmanrizzer Posted - 1 week ago

$LOCL The dynamic associated with this shift caused a shortfall relative to our anticipated ramp in the third quarter and shifted our timeline for achieving positive adjusted EBITDA1 into the second quarter of 2025. We continue to believe this evolution positions us to deliver improved

User Image nate_22 Posted - 1 week ago

$LOCL So if I understand, it sounds like LOCL is implying that they were the ones that walked away from all that money

User Image oldmanrizzer Posted - 1 week ago

$LOCL Me, putting money into a CEA stock for the 4th time and immediately down 10% in two weeks.

User Image komo819 Posted - 1 week ago

$LOCL investor confidence at an all time high I can see going into earnings

User Image nate_22 Posted - 1 week ago

$LOCL Thursday Earnings 🔥🔥🔥

User Image nate_22 Posted - 1 week ago

$LOCL Here we go!! This is the week!!!!

User Image oldmanrizzer Posted - 1 week ago

$LOCL Why exactly did I open another position in a CEA stock again?

User Image komo819 Posted - 2 weeks ago

$LOCL markets flying then there is this, nothing will move this aside from news

User Image nate_22 Posted - 2 weeks ago

$LOCL Another one bites the dust! https://pitchbook.com/news/articles/bowery-indoor-farming-agtech-company-ceases-operations

User Image nate_22 Posted - 10/31/24

$LOCL I guess we gonna find out everything in the earnings call within the next 12 days

Analyst Ratings
Deutsche Bank Hold Oct 31, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
VALIASEK KATHLEEN Chief Financial Offi.. Chief Financial Officer Nov 10 Buy 3 1,500 4,500 273,686 11/13/23
Vosburg B. David Chief Innovation Off.. Chief Innovation Officer Nov 09 Sell 3.8756 4,250 16,471 106,023 11/09/23
VALIASEK KATHLEEN Chief Financial Offi.. Chief Financial Officer Nov 03 Buy 2.71 2,000 5,420 272,186 11/06/23
Joyner Travis M. Chief Technology Off.. Chief Technology Officer Nov 02 Buy 2.3695 4,220 10,000 35,800 11/06/23
VALIASEK KATHLEEN Chief Financial Offi.. Chief Financial Officer Nov 01 Buy 2.21 6,650 14,696 270,186 11/02/23
Joyner Travis M. Chief Technology Off.. Chief Technology Officer Nov 01 Buy 1.8876 5,298 10,000 31,580 11/02/23
Fabrega Anna M. Chief Executive Offi.. Chief Executive Officer Nov 01 Buy 1.865 1,288 2,402 231,628 11/02/23
Joyner Travis M. Chief Technology Off.. Chief Technology Officer Oct 31 Buy 1.35 73,496 99,219 26,282 11/01/23
Nordby Matthew Director Director Nov 01 Buy 1.85 1,250 2,312 50,075 11/01/23
FORST EDWARD C Director Director Nov 01 Buy 1.78 10,000 17,800 46,499 11/01/23
Hurlbert Craig M. SVP of Strategy SVP of Strategy Oct 31 Buy 1.35 106,188 143,354 1,177,386 10/31/23
Fabrega Anna M. Chief Executive Offi.. Chief Executive Officer Oct 31 Buy 1.3289 18,801 24,985 230,340 10/31/23
VALIASEK KATHLEEN Chief Financial Offi.. Chief Financial Officer Oct 31 Buy 1.3757 7,000 9,630 263,536 10/31/23
Nelson Mark Joseph Director Director Oct 13 Sell 1.5356 714 1,096 31,495 10/17/23
Nelson Mark Joseph Director Director Jun 20 Sell 4.05 1,294 5,241 11,677 06/22/23
Vosburg B. David Chief Innovation Off.. Chief Innovation Officer Apr 03 Sell 0.58 51,360 29,789 1,433,568 05/03/23
VALIASEK KATHLEEN Chief Financial Offi.. Chief Financial Officer Apr 03 Sell 0.58 72,629 42,125 3,468,095 05/03/23
Nelson Mark Joseph Director Director Apr 13 Sell 0.5146 10,125 5,210 168,614 04/14/23
Cook Brian C. President President Apr 03 Sell 0.58 78,512 45,537 1,046,223 04/05/23
McCandless Margaret General Counsel & Se.. General Counsel & Secretary Apr 03 Sell 0.58 43,181 25,045 348,209 04/05/23
Nelson Mark Joseph Director Director Jan 13 Sell 1.1455 9,422 10,793 178,739 01/18/23
Vosburg B. David Chief Innovation Off.. Chief Innovation Officer Dec 05 Sell 2.25 22,500 50,625 1,184,928 12/07/22
McKinney Mark Alan Chief Operating Offi.. Chief Operating Officer Sep 02 Sell 3.597 15,276 54,948 1,531,179 09/07/22
Hurlbert Craig M. Co-Chief Executive O.. Co-Chief Executive Officer Aug 25 Sell 4.01 55,301 221,757 17,853,824 08/29/22
Joyner Travis M. Co-Chief Executive O.. Co-Chief Executive Officer Aug 25 Sell 4.01 55,301 221,757 16,022,501 08/29/22
Joyner Travis M. Co-Chief Executive O.. Co-Chief Executive Officer Aug 22 Sell 4 23,219 92,876 16,077,802 08/24/22
Hurlbert Craig M. Co-Chief Executive O.. Co-Chief Executive Officer Aug 22 Sell 4 23,219 92,876 17,909,125 08/24/22
Joyner Travis M. Co-Chief Executive O.. Co-Chief Executive Officer Jul 20 Sell 4 4,458 17,832 16,101,021 07/22/22
Hurlbert Craig M. Co-Chief Executive O.. Co-Chief Executive Officer Jul 20 Sell 4 4,458 17,832 17,932,344 07/22/22
Joyner Travis M. Co-Chief Executive O.. Co-Chief Executive Officer Jul 15 Sell 4.0362 1,428 5,764 16,105,479 07/19/22
Hurlbert Craig M. Co-Chief Executive O.. Co-Chief Executive Officer Jul 15 Sell 4.0362 1,428 5,764 17,936,802 07/19/22
Joyner Travis M. Co-Chief Executive O.. Co-Chief Executive Officer Dec 03 Buy 6.75 41,974 283,324 41,974 12/07/21
Hurlbert Craig M. Co-Chief Executive O.. Co-Chief Executive Officer Dec 02 Buy 6.83 112,107 765,691 112,107 12/06/21