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 highest price target was 155, implying potential capital gains of 25.25 percent. The most pessimistic price target was 120, implying potential capital losses of -3.03 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -1.72 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

LANC has an estimated earnings growth rate of 15.03 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. LANC has a PEG ratio of 1.92.

In the trailing 52-weeks, LANC hit 149.30 at the highest peak, while it's lowest trading point was 117.50. Today's price is 5.32 percent above the 52-week low, and 17.11 percent lower than its 52-week high. LANC has a price/earnings 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.