Analyst Ratings for Lancaster Colony Corp. (LANC)

Updated: 2017-07-29

An average rating of Overweight has been given to Lancaster Colony Corp. (NASDAQ:LANC) by analysts covering the stock. Last month, LANC received an average rating of Overweight.

2 analysts declared LANC a buy, 1 gave an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for LANC by the analysts covering the stock. The maximum price target given was 155, which equates to a potential upside of 25.25 percent. The lowest price target was 120, implying potential capital losses of -3.03 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -1.72 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -2.27 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of LANC to grow at a rate of 15.03 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. LANC has a PEG ratio of 1.92.

LANC has traded between a high of 149.30 and a low of 117.50 over the past year. Currently the stock is 5.32 percent higher than its low, and 17.11 percent lower than its 52-week high. LANC has a P/E ratio of 28.85. Investors typically compare the P/E ratio to a company's peers in the industry. The LANC value stock report compares LANC to some of its peers using value stock charts. The stock has a market capitalization of $3.4 billion. LANC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.