How to Buy Lancaster Colony Stock
Lancaster Colony Corp
Lancaster Colony Corporation manufactures and markets food products for the retail and foodservice markets in the United States. The company operates in two segments, Retail and Foodservice.
Lancaster Colony stock last closed at $186.86, up 0.68% from the previous day, and has decreased 8.98% in one year. It has overperformed other stocks in the Packaged Foods industry by 0.09 percentage points. Lancaster Colony stock is currently +17.61% from its 52-week low of $158.88, and -15.31% from its 52-week high of $220.65.
At the moment, there are 27.52M shares of LANC outstanding. The market capitalization of LANC is $5.14B. In the last 24 hours, 153,697 LANC shares were traded.
How to Buy Lancaster Colony Stock
Not sure how to invest in Lancaster Colony stock? Here's how.
- Choose where to buy Lancaster Colony stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Lancaster Colony stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your payment method and add your info.
- Analyze Lancaster Colony stock: The Lancaster Colony ticker symbol is LANC. Is Lancaster Colony stock a good investment? Should you buy shares of LANC? How do LANC's underlying business fundamentals look? Do top analysts think Lancaster Colony is a good buy? Why has LANC's stock price moved recently? (Hint: Our stock market research website can help you evaluate if LANC is a good stock to buy).
- Execute your LANC purchase: Decide if you will purchase LANC shares at the current market price or use a limit order to buy LANC stock at a specific price.
- Keep tabs on your investment in LANC: Create a watchlist to get live updates on your investment in Lancaster Colony shares.
Step 1: Choose where to buy Lancaster Colony stock
You will need an online brokerage account to access the NASDAQ market and buy LANC shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best place to buy stocks. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your stock purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal information so you can invest in LANC today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on the best stock app to use, your next step is to transfer the money for your investment:
Check out the tutorial below if you need help transferring money into your new brokerage account.
Step 4: Analyze Lancaster Colony stock
After you have identified the best place to buy Lancaster Colony stock, it's critical to analyze their stock prior to buying, so you truly understand the risk as well as the upside.
Lancaster Colony Numbers
Lancaster Colony Due Diligence Checks
WallStreetZen was designed to help average investors do better fundamental analysis quickly.
You can view all of the due diligence checks on LANC's stock page.
Is LANC stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge LANC's intrinsic value.
Using relative valuations measures:
- LANC may be overvalued based on its P/E ratio of 39.84x, relative to Packaged Foods industry P/E ratio of 8.15x
- LANC may be overvalued based on its P/B ratio of 5.66x, relative to Packaged Foods industry P/B ratio of 2.16x
- LANC could be overvalued based on its PEG ratio of 1.08x
You can access additional valuation research on LANC's stock here.
LANC Financial Overview
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the LANC balance sheet.
- LANC profit margin has gone up from 5.8% to 6.9% in the past year.
- LANC earnings of $167.28M is not enough to cover its interest payments.
- LANC's operating cash flow of $226.98M allows it to safely service it's debt of $13.32M.
- There are more short-term assets than short-term liabilities on the LANC balance sheet.
- LANC has a low debt to equity ratio of 0.27.
Negative Health Checks:
- Total LANC debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy LANC stock, according to analysts?
Out of 3 sell side analysts who research LANC, the consensus analyst rating on LANC is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Lancaster Colony stock forecast page.
LANC Technical Indicators
Is LANC Making Money?
Last year, LANC earnings were $129.16M. Over the past 5 year, LANC's earnings have increased by -2.6% per year. This was slower than the Packaged Foods industry average of 8.42%.
Last year, LANC revenue was $1.87B. During the past five year, LANC's revenue has increased by 8% per year. This was faster than the Packaged Foods industry average of 5.55%.
Find out more about LANC's earnings and revenue performance here.
Who is buying/selling LANC?
In the last year, insiders at LANC have bought more shares than they have sold.
David Alan Ciesinski, President and CEO of LANC, was the latest LANC insider to sell. They sold $7,015,829.52 worth of LANC shares on Feb 29, 2024.
Get more info about who owns LANC shares here.
Can I get consistent income from LANC stock?
Lancaster Colony pays a dividend of 1.87%, compared to the Packaged Foods industry's average dividend yield of 3.38%. If you owned $1,000 worth of LANC stock, you would have been paid $18.73 in the past 12 months.
Lancaster Colony dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more data about Lancaster Colony dividend yield and history here.
What do other investors have to say about LANC?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your LANC purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Hit the Open button and your broker will execute the order.
If you want more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your investment in LANC
Now that you own some shares in LANC, you'll want to keep up with your investment.
Put LANC on a watchlist to track the most important metrics related to your LANC stock.
LANC Feed
How to Buy Stock in Lancaster Colony
To summarize, here are the 6 steps to buy stock in Lancaster Colony:
- Choose where to buy Lancaster Colony stock
- Create your brokerage account
- Deposit money your investment account
- Analyze Lancaster Colony stock
- Execute your LANC purchase
- Keep tabs on your investment in LANC
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your investment in Lancaster Colony, add LANC to your watchlist below.
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