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, implying potential capital gains of 25.25 percent. The lowest price target was 120, implying a possible loss of -3.03 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.27 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. 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. Wall Street investors typically prefer a PEG ratio to be smaller than 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.

In the last 52-weeks, LANC has achieved a high of 149.30 and a low of 117.50. Currently the stock is 5.32 percent higher than its low, and below the high by 17.11 percent. 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's next earnings release will be on 0000-00-00, which is days away.