Limoneira (NASDAQ:LMNR) issued its earnings results on Wednesday. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01, MarketWatch Earnings reports. Limoneira had a negative return on equity of 4.17% and a negative net margin of 7.05%.
Shares of Limoneira stock opened at $15.59 on Friday. Limoneira has a 1 year low of $10.60 and a 1 year high of $21.85. The firm has a market cap of $285.05 million, a PE ratio of -21.65 and a beta of 1.04. The stock has a fifty day moving average price of $14.46 and a 200-day moving average price of $13.95. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.78 and a quick ratio of 1.54.
Several brokerages have weighed in on LMNR. TheStreet cut Limoneira from a “c-” rating to a “d+” rating in a research note on Monday, June 8th. Zacks Investment Research upgraded Limoneira from a “sell” rating to a “hold” rating in a research note on Friday. Stifel Nicolaus dropped their price objective on Limoneira from $21.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, June 10th. National Securities restated a “buy” rating and set a $20.00 price objective on shares of Limoneira in a research note on Thursday. Finally, BidaskClub upgraded Limoneira from a “hold” rating to a “buy” rating in a research note on Friday. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $18.83.
Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates in six segments: Fresh Lemons, Lemon Packing, Avocados, Other Agribusiness, Rental Operations, and Real Estate Development. It grows, processes, packs, markets, and sells lemons.
Further Reading: What is a Tariff?
Receive News & Ratings for Limoneira Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Limoneira and related companies with MarketBeat.com's FREE daily email newsletter.