Lancaster Colony Stock Today
| LANC Stock | USD 188.80 1.94 1.04% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Lancaster Colony is trading at 188.80 as of the 24th of April 2024, a 1.04 percent increase since the beginning of the trading day. The stock's open price was 186.86. Lancaster Colony has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Lancaster Colony are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Food, Beverage & Tobacco | IPO Date 26th of March 1990 | Category Consumer Defensive | Classification Consumer Staples |
Lancaster Colony Corporation engages in the manufacturing and marketing of food products for the retail and foodservice markets in the United States. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio. Lancaster Colony operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. The company has 27.52 M outstanding shares of which 631.11 K shares are now shorted by private and institutional investors with about 5.02 trading days to cover. More on Lancaster Colony
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Lancaster Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lancaster Colony's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lancaster Colony or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | John Gerlach | ||||
| Thematic Idea | Food Products (View all Themes) | ||||
| Business Concentration | Packaged Foods & Meats, Food, Beverage & Tobacco, Consumer Defensive, NASDAQ Composite, SP Midcap 400, NASDAQ Composite Total, Food Products, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Lancaster Colony report their recommendations after researching Lancaster Colony's financial statements, talking to executives and customers, or listening in on Lancaster Colony's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Lancaster Colony. The Lancaster consensus assessment is calculated by taking the average forecast from all of the analysts covering Lancaster Colony. | |||||
Lancaster Colony's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Lancaster Colony's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lancaster Colony's financial leverage. It provides some insight into what part of Lancaster Colony's total assets is financed by creditors.
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Lancaster Colony (LANC) is traded on NASDAQ Exchange in USA. It is located in 380 Polaris Parkway, Westerville, OH, United States, 43082 and employs 3,400 people. Lancaster Colony is listed under Packaged Foods & Meats category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lancaster Colony's market, we take the total number of its shares issued and multiply it by Lancaster Colony's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Lancaster Colony conducts business under Food Products sector and is part of Consumer Staples industry. The entity has 27.52 M outstanding shares of which 631.11 K shares are now shorted by private and institutional investors with about 5.02 trading days to cover.
Lancaster Colony currently holds about 60.28 M in cash with 225.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.19.
Check Lancaster Colony Probability Of Bankruptcy
Ownership AllocationLancaster Colony holds a total of 27.52 Million outstanding shares. Over half of Lancaster Colony's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Lancaster Colony. Please watch out for any change in the institutional holdings of Lancaster Colony as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Lancaster Ownership Details
Lancaster Stock Price Odds Analysis
What are Lancaster Colony's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Lancaster Colony jumping above the current price in 90 days from now is about 75.74%. The Lancaster Colony probability density function shows the probability of Lancaster Colony stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.414. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Lancaster Colony will likely underperform. Additionally, lancaster Colony has an alpha of 0.0199, implying that it can generate a 0.0199 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Lancaster Colony to move above the current price in 90 days from now is about 75.74 (This Lancaster Colony probability density function shows the probability of Lancaster Stock to fall within a particular range of prices over 90 days) .
Lancaster Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Lancaster Colony that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Lancaster Colony's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Lancaster Colony's value.| Instituion | Recorded On | Shares | |
| London Company Of Virginia | 2023-12-31 | 388.1 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 349.9 K | |
| Btim Corp | 2023-12-31 | 319.4 K | |
| Renaissance Technologies Corp | 2023-12-31 | 304.2 K | |
| Northern Trust Corp | 2023-12-31 | 286.6 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 276.2 K | |
| Gw&k Investment Management, Llc | 2023-12-31 | 268.7 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 267.5 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 251.3 K | |
| Blackrock Inc | 2023-12-31 | 2.6 M | |
| Vanguard Group Inc | 2023-12-31 | 2.1 M |
Lancaster Colony Historical Income Statement
Lancaster Colony Income Statement is one of the three primary financial statements used for reporting Lancaster's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Lancaster Colony revenue and expense. Lancaster Colony Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Lancaster Colony's Cost Of Revenue is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 46.3 M, whereas Depreciation And Amortization is forecasted to decline to about 30.2 M. View More FundamentalsLancaster Stock Against Markets
Picking the right benchmark for Lancaster Colony stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lancaster Colony stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lancaster Colony is critical whether you are bullish or bearish towards Lancaster Colony at a given time. Please also check how Lancaster Colony's historical prices are related to one of the top price index indicators.
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Lancaster Colony Corporate Directors
Lancaster Colony corporate directors refer to members of a Lancaster Colony board of directors. The board of directors generally takes responsibility for the Lancaster Colony's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Lancaster Colony's board members must vote for the resolution. The Lancaster Colony board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kenneth Cooke | Independent Director | Profile | |
| Robert Fox | Independent Director | Profile | |
| James Bachmann | Lead Independent Director | Profile | |
| Alan Harris | Independent Director | Profile |
How to buy Lancaster Stock?
Before investing in Lancaster Colony, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lancaster Colony. To buy Lancaster Colony stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lancaster Colony. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Lancaster Colony stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lancaster Colony stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Lancaster Colony stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Lancaster Colony, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Lancaster Stock please use our How to Invest in Lancaster Colony guide.
Already Invested in Lancaster Colony?
The danger of trading Lancaster Colony is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lancaster Colony is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lancaster Colony. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lancaster Colony is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Lancaster Colony offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lancaster Colony's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lancaster Colony Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lancaster Colony Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lancaster Colony. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Lancaster Stock refer to our How to Trade Lancaster Stock guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Lancaster Stock analysis
When running Lancaster Colony's price analysis, check to measure Lancaster Colony's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lancaster Colony is operating at the current time. Most of Lancaster Colony's value examination focuses on studying past and present price action to predict the probability of Lancaster Colony's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lancaster Colony's price. Additionally, you may evaluate how the addition of Lancaster Colony to your portfolios can decrease your overall portfolio volatility.
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Is Lancaster Colony's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lancaster Colony. If investors know Lancaster will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lancaster Colony listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.043 | Dividend Share 3.45 | Earnings Share 4.69 | Revenue Per Share 68.016 | Quarterly Revenue Growth 0.202 |
The market value of Lancaster Colony is measured differently than its book value, which is the value of Lancaster that is recorded on the company's balance sheet. Investors also form their own opinion of Lancaster Colony's value that differs from its market value or its book value, called intrinsic value, which is Lancaster Colony's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lancaster Colony's market value can be influenced by many factors that don't directly affect Lancaster Colony's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lancaster Colony's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lancaster Colony is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lancaster Colony's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.