- Limoneira (LMNR, Financial) plans a merger with Sunkist Growers for citrus sales, promising $5 million in cost savings.
- Analysts project a 66.87% upside with a price target of $27.00 for LMNR.
- GuruFocus estimates a moderate 7.79% upside based on GF Value.
In a strategic move poised to reshape the citrus industry, Limoneira (LMNR) will integrate its citrus sales and marketing efforts with Sunkist Growers. Set to commence in the first quarter of fiscal year 2026, this merger is anticipated to yield $5 million in annual cost savings and a notable improvement in EBITDA. Despite these promising prospects, Limoneira's shares declined 7.7% in post-market trading following the announcement.
Analyst Pricing and Projections
Wall Street analysts offer a bullish outlook on Limoneira Co (LMNR, Financial), with an average one-year price target of $27.00. Estimates range from a high of $31.00 to a low of $23.00, suggesting a substantial upside of 66.87% from the current price of $16.18. For more detailed forecast data, visit the Limoneira Co (LMNR) Forecast page.
Brokerage Recommendations
The current consensus from two brokerage firms places Limoneira Co (LMNR, Financial) at an average brokerage recommendation of 2.5. This implies an "Outperform" status on a scale where 1 indicates a Strong Buy and 5 denotes a Sell.
Assessing the GF Value
According to GuruFocus estimates, the projected GF Value for Limoneira Co (LMNR, Financial) in one year is $17.44. This suggests a modest upside of 7.79% from the current price of $16.18. The GF Value estimate considers historical stock multiples, past business growth, and future performance estimates. For comprehensive metrics, explore the Limoneira Co (LMNR) Summary page.
