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Consumer Defensive - Agricultural Farm Products - NYSE - US
$ 2.25
-3.43 %
$ 19.4 M
Market Cap
-0.13
P/E
1. INTRINSIC VALUE

Local Bounti Corporation grows fresh greens and herbs in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.[ Read More ]

The intrinsic value of one LOCL stock under the base case scenario is HIDDEN Compared to the current market price of 2.25 USD, Local Bounti Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart LOCL

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FINANCIALS
27.6 M REVENUE
41.51%
-117 M OPERATING INCOME
-23.68%
-124 M NET INCOME
-11.65%
-33.2 M OPERATING CASH FLOW
32.07%
-162 M INVESTING CASH FLOW
5.87%
187 M FINANCING CASH FLOW
29.18%
10.2 M REVENUE
8.46%
-18 M OPERATING INCOME
-30.06%
-60.1 M NET INCOME
-137.93%
-23.8 M OPERATING CASH FLOW
-494.38%
-39.9 M INVESTING CASH FLOW
-60.81%
67.8 M FINANCING CASH FLOW
123.86%
Balance Sheet Decomposition Local Bounti Corporation
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Current Assets 27 M
Cash & Short-Term Investments 10.3 M
Receivables 3.08 M
Other Current Assets 13.6 M
Non-Current Assets 355 M
Long-Term Investments 0
PP&E 313 M
Other Non-Current Assets 41.4 M
Current Liabilities 31.9 M
Accounts Payable 14.6 M
Short-Term Debt 194 K
Other Current Liabilities 17.1 M
Non-Current Liabilities 335 M
Long-Term Debt 327 M
Other Non-Current Liabilities 7.21 M
EFFICIENCY
Earnings Waterfall Local Bounti Corporation
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Revenue 27.6 M
Cost Of Revenue 25.3 M
Gross Profit 2.22 M
Operating Expenses 119 M
Operating Income -117 M
Other Expenses 7.1 M
Net Income -124 M
RATIOS
8.04% GROSS MARGIN
8.04%
-424.25% OPERATING MARGIN
-424.25%
-450.03% NET MARGIN
-450.03%
-811.99% ROE
-811.99%
-32.49% ROA
-32.49%
-39.85% ROIC
-39.85%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Local Bounti Corporation
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Net Income -124 M
Depreciation & Amortization 13.1 M
Capital Expenditures -162 M
Stock-Based Compensation 16.3 M
Change in Working Capital 5.1 M
Others 62.6 M
Free Cash Flow -195 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Local Bounti Corporation
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LOCL has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Local Bounti Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
33.2 K USD 1
6-9 MONTHS
2.69 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
2.54 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
4 months ago
Jun 24, 2024
Sell 10.7 K USD
Nelson Mark Joseph
Director
- 3695
2.886 USD
4 months ago
Jun 25, 2024
Sell 22.5 K USD
Nelson Mark Joseph
Director
- 8405
2.6808 USD
7 months ago
Apr 15, 2024
Sell 1.53 K USD
Nelson Mark Joseph
Director
- 660
2.315 USD
8 months ago
Mar 13, 2024
Sell 1.16 K USD
Nelson Mark Joseph
Director
- 447
2.5937 USD
1 year ago
Nov 13, 2023
Bought 2.54 K USD
VALIASEK KATHLEEN
Chief Financial Officer
+ 800
3.1749 USD
1 year ago
Nov 10, 2023
Bought 1.97 K USD
VALIASEK KATHLEEN
Chief Financial Officer
+ 700
2.82 USD
1 year ago
Nov 09, 2023
Sell 16.5 K USD
Vosburg B. David
Chief Innovation Officer
- 4250
3.8756 USD
1 year ago
Nov 06, 2023
Bought 2.81 K USD
VALIASEK KATHLEEN
Chief Financial Officer
+ 1000
2.8136 USD
1 year ago
Nov 03, 2023
Bought 2.6 K USD
VALIASEK KATHLEEN
Chief Financial Officer
+ 1000
2.6038 USD
1 year ago
Nov 02, 2023
Bought 10 K USD
Joyner Travis M.
Chief Technology Officer
+ 4220.268
2.3695 USD
1 year ago
Nov 02, 2023
Bought 9.74 K USD
VALIASEK KATHLEEN
Chief Financial Officer
+ 4000
2.4348 USD
1 year ago
Nov 01, 2023
Bought 5.27 K USD
VALIASEK KATHLEEN
Chief Financial Officer
+ 2650
1.9874 USD
1 year ago
Nov 01, 2023
Bought 10 K USD
Joyner Travis M.
Chief Technology Officer
+ 5297.744
1.8876 USD
1 year ago
Nov 01, 2023
Bought 2.4 K USD
Fabrega Anna M.
Chief Executive Officer
+ 1288
1.865 USD
1 year ago
Oct 31, 2023
Bought 70.9 K USD
Joyner Travis M.
Chief Technology Officer
+ 50290.019
1.4102 USD
1 year ago
Oct 31, 2023
Bought 30 K USD
Joyner Travis M.
Chief Technology Officer
+ 23205.779
1.2928 USD
1 year ago
Nov 01, 2023
Bought 2.31 K USD
Nordby Matthew
Director
+ 1250
1.85 USD
1 year ago
Nov 01, 2023
Bought 17.8 K USD
FORST EDWARD C
Director
+ 10000
1.78 USD
1 year ago
Oct 31, 2023
Bought 73.9 K USD
Hurlbert Craig M.
SVP of Strategy
+ 54785
1.349 USD
1 year ago
Oct 31, 2023
Bought 69 K USD
Hurlbert Craig M.
SVP of Strategy
+ 51403
1.3418 USD
1 year ago
Oct 31, 2023
Bought 25 K USD
Fabrega Anna M.
Chief Executive Officer
+ 18801
1.3289 USD
1 year ago
Oct 31, 2023
Bought 9.63 K USD
VALIASEK KATHLEEN
Chief Financial Officer
+ 7000
1.3757 USD
1 year ago
Oct 13, 2023
Sell 1.1 K USD
Nelson Mark Joseph
Director
- 714
1.5356 USD
1 year ago
Jul 13, 2023
Sell 2.16 K USD
Nelson Mark Joseph
Director
- 705
3.07 USD
1 year ago
Jun 20, 2023
Sell 5.24 K USD
Nelson Mark Joseph
Director
- 1294
4.0505 USD
1 year ago
Apr 03, 2023
Sell 7.85 K USD
Vosburg B. David
Chief Innovation Officer
- 11813
0.6649 USD
1 year ago
Apr 04, 2023
Sell 6.56 K USD
Vosburg B. David
Chief Innovation Officer
- 11299
0.5806 USD
1 year ago
Apr 05, 2023
Sell 14.4 K USD
Vosburg B. David
Chief Innovation Officer
- 28248
0.5081 USD
1 year ago
Apr 03, 2023
Sell 11.1 K USD
VALIASEK KATHLEEN
Chief Financial Officer
- 16705
0.6649 USD
1 year ago
Apr 04, 2023
Sell 9.28 K USD
VALIASEK KATHLEEN
Chief Financial Officer
- 15978
0.5806 USD
1 year ago
Apr 05, 2023
Sell 20.3 K USD
VALIASEK KATHLEEN
Chief Financial Officer
- 39946
0.5081 USD
1 year ago
Apr 03, 2023
Sell 6.83 K USD
McCandless Margaret
General Counsel & Secretary
- 10277
0.6649 USD
1 year ago
Apr 04, 2023
Sell 5.71 K USD
McCandless Margaret
General Counsel & Secretary
- 9830
0.5806 USD
1 year ago
Apr 05, 2023
Sell 12.5 K USD
McCandless Margaret
General Counsel & Secretary
- 24575
0.5081 USD
1 year ago
Apr 03, 2023
Sell 9.89 K USD
Cook Brian C.
President
- 14879
0.6649 USD
1 year ago
Apr 04, 2023
Sell 8.26 K USD
Cook Brian C.
President
- 14232
0.5806 USD
1 year ago
Apr 05, 2023
Sell 18.1 K USD
Cook Brian C.
President
- 35581
0.5081 USD
1 year ago
Apr 13, 2023
Sell 5.21 K USD
Nelson Mark Joseph
Director
- 10125
0.5146 USD
1 year ago
Apr 03, 2023
Sell 12.2 K USD
Cook Brian C.
President
- 18305
0.6649 USD
1 year ago
Apr 04, 2023
Sell 9.8 K USD
Cook Brian C.
President
- 16880
0.5806 USD
1 year ago
Apr 05, 2023
Sell 22 K USD
Cook Brian C.
President
- 43327
0.5081 USD
1 year ago
Apr 03, 2023
Sell 7.3 K USD
Vosburg B. David
Chief Innovation Officer
- 10983
0.6649 USD
1 year ago
Apr 04, 2023
Sell 5.88 K USD
Vosburg B. David
Chief Innovation Officer
- 10128
0.5806 USD
1 year ago
Apr 05, 2023
Sell 13.2 K USD
Vosburg B. David
Chief Innovation Officer
- 25996
0.5081 USD
1 year ago
Apr 03, 2023
Sell 12.2 K USD
VALIASEK KATHLEEN
Chief Financial Officer
- 18305
0.6649 USD
1 year ago
Apr 04, 2023
Sell 9.8 K USD
VALIASEK KATHLEEN
Chief Financial Officer
- 16880
0.5806 USD
1 year ago
Apr 05, 2023
Sell 22 K USD
VALIASEK KATHLEEN
Chief Financial Officer
- 43327
0.5081 USD
1 year ago
Apr 03, 2023
Sell 6.69 K USD
McCandless Margaret
General Counsel & Secretary
- 10067
0.6649 USD
1 year ago
Apr 04, 2023
Sell 5.39 K USD
McCandless Margaret
General Counsel & Secretary
- 9284
0.5806 USD
1 year ago
Apr 05, 2023
Sell 12.1 K USD
McCandless Margaret
General Counsel & Secretary
- 23830
0.5081 USD
1 year ago
Mar 02, 2023
Sell 2.27 K USD
McCandless Margaret
General Counsel & Secretary
- 3610
0.6294 USD
1 year ago
Jan 13, 2023
Sell 10.8 K USD
Nelson Mark Joseph
Director
- 9422
1.1455 USD
1 year ago
Dec 05, 2022
Sell 33.8 K USD
Vosburg B. David
Chief Innovation Officer
- 15000
2.2523 USD
1 year ago
Dec 06, 2022
Sell 16.8 K USD
Vosburg B. David
Chief Innovation Officer
- 7500
2.2455 USD
2 years ago
Oct 21, 2022
Bought 6 M USD
Schwab Charles R.
Director
+ 2400000
2.5 USD
2 years ago
Oct 21, 2022
Bought 1.5 M USD
Schwab Charles R.
Director
+ 600000
2.5 USD
2 years ago
Oct 13, 2022
Sell 26.7 K USD
Nelson Mark Joseph
Director
- 9696
2.7582 USD
2 years ago
Sep 02, 2022
Sell 54.9 K USD
McKinney Mark Alan
Chief Operating Officer
- 15276
3.597 USD
2 years ago
Aug 25, 2022
Sell 63.7 K USD
Hurlbert Craig M.
Co-Chief Executive Officer
- 15913
4.0012 USD
2 years ago
Aug 25, 2022
Sell 158 K USD
Joyner Travis M.
Co-Chief Executive Officer
- 39388
4.0175 USD
2 years ago
Aug 22, 2022
Sell 20 K USD
Joyner Travis M.
Co-Chief Executive Officer
- 5000
4 USD
2 years ago
Aug 22, 2022
Sell 72.9 K USD
Hurlbert Craig M.
Co-Chief Executive Officer
- 18219
4.0012 USD
2 years ago
Jul 20, 2022
Sell 15.8 K USD
Joyner Travis M.
Co-Chief Executive Officer
- 3958
4 USD
2 years ago
Jul 20, 2022
Sell 2 K USD
Hurlbert Craig M.
Co-Chief Executive Officer
- 500
4 USD
2 years ago
Jul 15, 2022
Sell 5.76 K USD
Joyner Travis M.
Co-Chief Executive Officer
- 1428
4.0362 USD
2 years ago
Jul 15, 2022
Sell 5.76 K USD
Hurlbert Craig M.
Co-Chief Executive Officer
- 1428
4.0362 USD
2 years ago
Jul 13, 2022
Sell 35.2 K USD
Nelson Mark Joseph
director:
- 9275
3.79 USD
2 years ago
Jan 04, 2022
Bought 65.2 K USD
Schwab Charles R.
10 percent owner
+ 9000
7.2399 USD
2 years ago
Jan 04, 2022
Bought 72.3 K USD
Schwab Charles R.
10 percent owner
+ 10000
7.2257 USD
2 years ago
Dec 07, 2021
Bought 13.8 K USD
Hilberg Gary
Chief Sustainability Officer
+ 2000
6.9 USD
2 years ago
Dec 07, 2021
Bought 35.8 K USD
Joyner Travis M.
Co-Chief Executive Officer
+ 5466
6.5516 USD
2 years ago
Dec 06, 2021
Bought 94 K USD
Joyner Travis M.
Co-Chief Executive Officer
+ 13500
6.9625 USD
2 years ago
Dec 03, 2021
Bought 155 K USD
Joyner Travis M.
Co-Chief Executive Officer
+ 23008
6.7265 USD
2 years ago
Dec 03, 2021
Bought 252 K USD
FORST EDWARD C
Director
+ 21912
11.5 USD
2 years ago
Dec 03, 2021
Bought 481 K USD
Hurlbert Craig M.
Co-Chief Executive Officer
+ 70754
6.8044 USD
2 years ago
Dec 02, 2021
Bought 284 K USD
Hurlbert Craig M.
Co-Chief Executive Officer
+ 41353
6.8574 USD
2 years ago
Dec 03, 2021
Bought 7.48 K USD
Vosburg B. David
Chief Innovation Officer
+ 1160
6.4499 USD
2 years ago
Dec 02, 2021
Bought 34.3 K USD
Hilberg Gary
Chief Sustainability Officer
+ 5000
6.8688 USD
2 years ago
Dec 02, 2021
Bought 310 K USD
McKinney Mark Alan
Chief Operating Officer
+ 46455
6.675 USD
2 years ago
Dec 02, 2021
Bought 49.1 K USD
Nordby Matthew
Director
+ 7000
7.0186 USD
2 years ago
Dec 02, 2021
Bought 100 K USD
VALIASEK KATHLEEN
Chief Financial Officer
+ 15746.025
6.3508 USD
2 years ago
Dec 02, 2021
Bought 6.41 K USD
Schwab Charles R.
10 percent owner
+ 1000
6.4089 USD
2 years ago
Nov 19, 2021
Bought 0 USD
FORST EDWARD C
Director
+ 374489
0 USD
7. News
Local Bounti Corporation (LOCL) Q3 2024 Earnings Call Transcript Local Bounti Corporation (NYSE:LOCL ) Q3 2024 Earnings Conference Call November 14, 2024 8:00 AM ET Company Participants Jeff Sonnek - Investor Relations, ICR Craig Hurlbert - Co-Founder and Chief Executive Officer Kathleen Valiasek - President and Chief Financial Officer Conference Call Participants Kristen Owen - Oppenheimer & Co. Inc. Benjamin Klieve - Lake Street Capital Markets Operator Good morning, and welcome to Local Bounti's Third Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. seekingalpha.com - 2 days ago
Local Bounti Corporation (LOCL) Reports Q3 Loss, Misses Revenue Estimates Local Bounti Corporation (LOCL) came out with a quarterly loss of $4.01 per share versus the Zacks Consensus Estimate of a loss of $2.78. This compares to loss of $3.02 per share a year ago. zacks.com - 3 days ago
Local Bounti Announces Third Quarter 2024 Financial Results Commercial momentum accelerating with expanded product assortment and increased growing capacity Increased scale driving strategic discussions with customers to align respective footprints for next chapter of growth HAMILTON, Mont. , Nov. 14, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced its financial results for the quarter ended September 30, 2024 and provided expectations for fourth quarter 2024. prnewswire.com - 3 days ago
Local Bounti to Release Third Quarter 2024 Financial Results on Thursday, November 14, 2024 HAMILTON, Mont., Nov. 11, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release its financial results for the fiscal third quarter ended September 30, 2024 before the market opens on Thursday, November 14, 2024. prnewswire.com - 5 days ago
Local Bounti Corporation (LOCL) Q2 2024 Earnings Call Transcript Local Bounti Corporation (NYSE:LOCL ) Q2 2024 Earnings Conference Call August 13, 2024 8:00 AM ET Company Participants Jeff Sonnek - Investor Relations, ICR Craig Hurlbert - Co-Founder & Chief Executive Officer Kathleen Valiasek - President & Chief Financial Officer Conference Call Participants Kristen Owen - Oppenheimer & Company Ben Klieve - Lake Street Capital Markets Scott Fortune - ROTH Capital Markets Operator Good morning, and welcome to the Local Bounti Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. seekingalpha.com - 3 months ago
Local Bounti Corporation (LOCL) Reports Q2 Loss, Lags Revenue Estimates Local Bounti Corporation (LOCL) came out with a quarterly loss of $3 per share versus the Zacks Consensus Estimate of a loss of $3.19. This compares to loss of $1.35 per share a year ago. zacks.com - 3 months ago
Local Bounti Announces Second Quarter 2024 Financial Results Recently began shipping to Sam's Club and Brookshire's out of Texas facility Negotiating an additional $175 million financing commitment for a total of up to $400 million in capital commitments to support 2024 and future projects including working capital and strategic growth capital — anticipate closing in third quarter of 2024 Reiterates full year 2024 sales guidance of $50 to $60 million, representing a doubling of revenue versus 2023 HAMILTON, Mont. , Aug. 13, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced its financial results for the quarter ended June 30, 2024 and reiterated full year 2024 guidance. prnewswire.com - 3 months ago
Local Bounti Now Shipping Product to Brookshire Grocery Company Expanded distribution brings Local Bounti's full assortment of product offerings to more than 180 BGC locations HAMILTON, Mont. , Aug. 12, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it is now shipping to Brookshire Grocery Company ("BGC") locations from its new Mount Pleasant, Texas facility. prnewswire.com - 3 months ago
Local Bounti to Release Second Quarter 2024 Financial Results on Tuesday, August 13, 2024 HAMILTON, Mont. , Aug. 9, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release its financial results for the fiscal second quarter ended June 30, 2024 before the market opens on Tuesday, August 13, 2024. prnewswire.com - 3 months ago
Local Bounti Expands Distribution with Sam's Club Now also Supplying Sam's Club from Local Bounti's Recently Opened Texas Facility HAMILTON, Mont. , July 22, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it has expanded distribution with its customer, Sam's Club, for its leafy greens production with service commencing from the Company's recently opened CEA facility in Mount Pleasant, Texas. prnewswire.com - 3 months ago
Local Bounti Chief Financial Officer Kathleen Valiasek Promoted to President and CFO Added Role of President Reflects Ms. Valiasek's Impact on Improved Operating Efficiency HAMILTON, Mont. prnewswire.com - 4 months ago
The Top 3 Food Technology Stocks to Buy to Feast on Profits Food tech is becoming increasingly relevant in the global shift towards more sustainable practices and diets. To fight climate change and its adverse effects on our planet, consumers strongly prefer plant-based and vegan diets and brands that use sustainable sources. investorplace.com - 4 months ago
8. Profile Summary

Local Bounti Corporation LOCL

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COUNTRY US
INDUSTRY Agricultural Farm Products
MARKET CAP $ 19.4 M
Dividend Yield 0.00%
Description Local Bounti Corporation grows fresh greens and herbs in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.
Contact 490 Foley Lane, Hamilton, MT, 59840 https://localbounti.com
IPO Date April 19, 2021
Employees 301
Officers Mr. Craig M. Hurlbert Co-Founder, Chief Executive Officer & Director Dr. Travis M. Joyner J.D., Ph.D. Co-Founder, Chief Technology Officer & Chairman Ms. Kathleen Valiasek President & Chief Financial Officer