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NYSE: LOCL
Local Bounti Corporation Stock

$2.61+0.12 (+4.82%)
Updated Apr 22, 2024
LOCL Price
$2.61
Fair Value Price
N/A
Market Cap
$22.02M
52 Week Low
$1.17
52 Week High
$8.70
P/E
-0.17x
P/B
1.44x
P/S
0.6x
PEG
N/A
Dividend Yield
N/A
Revenue
$27.56M
Earnings
-$124.02M
Gross Margin
8%
Operating Margin
-356.61%
Profit Margin
-450%
Debt to Equity
24
Operating Cash Flow
-$33M
Beta
0.8
Next Earnings
May 6, 2024
Ex-Dividend
N/A
Next Dividend
N/A

LOCL Overview

Local Bounti Corporation is a controlled environment agriculture company. Its indoor growing facility in Montana produces lettuce, cilantro, romaine, basil and other greens and herbs. Local Bounti was founded in 2018 and is headquartered in Hamilton, MT.

Zen Score

Industry Average (27)
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Due Diligence Checks

LOCL is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
LOCL is poor value based on its book value relative to its share price (1.44x), compared to the US Farm Products industry average (1.29x)
P/B vs Industry Valuation
LOCL is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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LOCL News

Valuation

LOCL price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.17x
Industry
-2.05x
Market
41x

LOCL price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.44x
Industry
1.29x
LOCL is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

LOCL's financial health

Profit margin

Revenue
$6.9M
Net Income
-$65.6M
Profit Margin
-954.8%
LOCL's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
LOCL's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$381.8M
Liabilities
$366.5M
Debt to equity
24
LOCL's short-term liabilities ($31.94M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
LOCL's long-term liabilities ($334.54M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
LOCL's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
LOCL's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$7.2M
Investing
-$45.0M
Financing
$50.7M
LOCL's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

LOCL vs Farm Stocks

TickerMarket Cap1d %P/EP/B
LOCL$22.02M+4.74%-0.17x1.44x
NMHI$24.15M-2.86%-2.78x-3.59x
SANW$18.58M+1.90%1.43x0.33x
AAGR$18.52M-7.51%-0.26x-0.82x
DTCK$26.28M0.00%N/A3.30x

Local Bounti Corporation Stock FAQ

What is Local Bounti Corporation's quote symbol?

(NYSE: LOCL) Local Bounti Corporation trades on the NYSE under the ticker symbol LOCL. Local Bounti Corporation stock quotes can also be displayed as NYSE: LOCL.

If you're new to stock investing, here's how to buy Local Bounti Corporation stock.

What is the 52 week high and low for Local Bounti Corporation (NYSE: LOCL)?

(NYSE: LOCL) Local Bounti Corporation's 52-week high was $8.70, and its 52-week low was $1.17. It is currently -69.99% from its 52-week high and 123.08% from its 52-week low.

How much is Local Bounti Corporation stock worth today?

(NYSE: LOCL) Local Bounti Corporation currently has 8,437,542 outstanding shares. With Local Bounti Corporation stock trading at $2.61 per share, the total value of Local Bounti Corporation stock (market capitalization) is $22.02M.

Local Bounti Corporation stock was originally listed at a price of $133.25 in Feb 26, 2021. If you had invested in Local Bounti Corporation stock at $133.25, your return over the last 3 years would have been -98.04%, for an annualized return of -73.04% (not including any dividends or dividend reinvestments).

How much is Local Bounti Corporation's stock price per share?

(NYSE: LOCL) Local Bounti Corporation stock price per share is $2.61 today (as of Apr 22, 2024).

What is Local Bounti Corporation's Market Cap?

(NYSE: LOCL) Local Bounti Corporation's market cap is $22.02M, as of Apr 23, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Local Bounti Corporation's market cap is calculated by multiplying LOCL's current stock price of $2.61 by LOCL's total outstanding shares of 8,437,542.
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