Limoneira Company Intrinsic Value – B. Riley Gives Limoneira Stock a Boost with Buy Rating
April 7, 2023
Trending News ☀️
Limoneira Company ($NASDAQ:LMNR) is a leading agricultural and real estate business in the United States. The company focuses on the production, marketing and sale of lemons, avocados, oranges, specialty citrus and other crops.
In addition, it is also involved in the development of residential and commercial real estate. Recently, B. Riley initiated a Buy rating on Limoneira’s stock, which caused its stock to significantly increase. B. Riley is a full-service investment bank and asset management firm that provides corporate finance, research and sales services. The firm has a long history of providing capital to emerging growth companies and retail investors. With the Buy rating, B. Riley believes that Limoneira is well-positioned to benefit from strong demand for its products and services. Furthermore, they believe that the company is poised to benefit from the growth of its real estate development business. This news has been welcomed by investors, with Limoneira’s stock prices rising in response to B. Riley’s Buy rating. With a track record of consistent performance, Limoneira is well-positioned to capitalize on future opportunities in the market. Investors are optimistic about the company’s future prospects and are confident that its stock will continue to rise.
Stock Price
On Thursday, LIMONEIRA COMPANY stock opened at $16.8 and closed at $17.4, representing a rise of 6.2% from its last closing price of $16.4. This significant increase comes on the heels of B. Riley’s buy rating on the stock, giving it a boost in the market. B. Riley is one of the leading investment firms and their positive outlook on the stock has given investors confidence in investing in LIMONEIRA COMPANY. With their strong financial performance and reliable products, LIMONEIRA COMPANY is well-positioned to capitalize on this positive sentiment in the market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Limoneira Company. More…
| Total Revenues | Net Income | Net Margin |
| 183.23 | 21.26 | -4.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Limoneira Company. More…
| Operations | Investing | Financing |
| 1.8 | 119.28 | -109.12 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Limoneira Company. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 321.13 | 110.26 | 11.18 |
Key Ratios Snapshot
Some of the financial key ratios for Limoneira Company are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.3% | 34.1% | 19.5% |
| FCF Margin | ROE | ROA |
| -4.5% | 11.8% | 7.0% |
Analysis – Limoneira Company Intrinsic Value
At GoodWhale, we believe in providing our clients with the most comprehensive analysis of company fundamentals available. With that in mind, we conducted a review of LIMONEIRA COMPANY and found its intrinsic value to be around $15.8. This was calculated using our proprietary Valuation Line. We believe that investors should carefully consider their investment strategy when it comes to LIMONEIRA COMPANY shares in light of this information. More…
Peers
It operates in the US, Mexico, and Brazil and competes with leading companies such as Dole PLC, Kaveri Seed Co Ltd, and B&A Ltd. These companies are also leaders in the industry, providing a range of products to consumers worldwide.
– Dole PLC ($NYSE:DOLE)
Dole PLC is a leading food and beverage company that provides fresh and packaged products to customers worldwide. The company has a market capitalization of 926.21M as of 2022 which puts it in a strong financial position. It also has an impressive Return on Equity (ROE) of 4.17%, indicating that the company is generating good returns for its shareholders. This can be attributed to the company’s efficient management and successful strategies that have allowed it to grow and expand its operations.
– Kaveri Seed Co Ltd ($BSE:532899)
Kaveri Seed Co Ltd is an agribusiness company focused on the development and marketing of hybrid seeds in India. As of 2022, the company has a market cap of 27.99B and a Return on Equity (ROE) of 11.49%. The market cap indicates the total value of the company’s stock, which shows how well the company is performing financially. The ROE measures how efficiently the company is using its shareholders’ equity to generate income, which is an important indicator of financial health. Kaveri Seed Co Ltd has a solid financial performance, as evidenced by its market cap and ROE.
– B&A Ltd ($BSE:508136)
B&A Ltd is a global business solutions provider, offering services in enterprise resource planning, customer relationship management, marketing, analytics, and financial management. Their market capitalization of 967.2M as of 2022 demonstrates the company’s financial strength and indicates that it is well-positioned to continue to grow. The company’s Return on Equity (ROE) of 20.49% is also indicative of strong financial performance as it is significantly higher than the industry average. B&A Ltd is a reliable partner for businesses seeking cost-effective solutions to their IT needs.
Summary
Limoneira Company is an agricultural company that produces and packages lemons, avocados, oranges, and other citrus fruits. The company’s stock recently received a buy initiation rating from B. Riley, which lifted the stock price. This is a good indicator of the company’s potential for growth. Analysts suggest that the company’s long-term prospects are good due to its presence in multiple markets and its commitment to sustainability.
The company has also recently increased its dividend, which could indicate that they have a strong financial position. Furthermore, analysts anticipate that the company will be able to benefit from the increasing demand for fresh foods and other related products. Investors looking for long-term investments should consider Limoneira Company, as it has the potential for significant growth.
