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.

A number of analysts gave price targets for LANC. The most optimistic price target was 155, which equates to a potential upside of 25.25 percent. The most pessimistic analyst gave a price target of 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. This can be compared with the average change in earnings estimates over the past 3 months, which 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.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of LANC's earnings is estimated by analysts to be 15.03 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of LANC is 1.92.

LANC has a 52-week high of 149.30 and a 52-week low of 117.50. The current market price is above the trailing year's low by 5.32 percent, and 17.11 percent below the 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 market cap of LANC is $3.4 billion. LANC's next earnings release will be on 0000-00-00, which is days away.