Landec Corp (LNDC) Files 10-K for the Fiscal Year Ended on May 31, 2018

Landec Corp (LNDC, Financial) files its latest 10-K with SEC for the fiscal year ended on May 31, 2018. Landec Corp and its subsidiaries design, develop, manufacture and market differentiated products in food and biomaterials markets and license technology applications to partners. Landec Corp has a market cap of $367.990 million; its shares were traded at around $13.35 with a P/E ratio of 14.83 and P/S ratio of 0.70.

For the last quarter Landec Corp reported a revenue of $141.1 million, compared with the revenue of $127.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $524.2 million, a decrease of 1.5% from the previous year. For the last five years Landec Corp had an average revenue growth rate of 3.5% a year.

The reported diluted earnings per share was 89 cents for the year. The Landec Corp had an operating margin of 2.59%, compared with the operating margin of 2.91% a year before. The 10-year historical median operating margin of Landec Corp is 3.83%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Landec Corp has the cash and cash equivalents of $2.90 million, compared with $5.41 million in the previous year. The long term debt was $41.0 million, compared with $46.0 million in the previous year. The interest coverage to the debt is 7. Landec Corp has a financial strength rank of 6 (out of 10).

At the current stock price of $13.35, Landec Corp is traded at close to its historical median P/S valuation band of $13.38. The P/S ratio of the stock is 0.70, while the historical median P/S ratio is 0.70. The stock gained 5.95% during the past 12 months.

For the complete 20-year historical financial data of LNDC, click here.