Lifecore Biomedical Inc.

Lifecore Biomedical Inc.

LFCR · NASDAQ · Healthcare / Drug Manufacturers - Specialty & Generic

6.42USD+0.02 (+0.31%)

Price History

Full chart

Market Stats

Previous Close6.40
Open6.40
Day Range6.38 – 6.42
52-Week Range3.63 – 8.98
Volume94.00K
Market Cap246.80M
P/E (TTM)0.00
Forward P/E8.67
EPS-1.27
Dividend Yield0.00%
Beta1.08
50-Day Avg4.47
200-Day Avg5.70

About

Lifecore Biomedical, Inc., together with its subsidiaries, operates as an integrated contract development and manufacturing organization that serves customers in the United States, Belgium, the Netherlands, and internationally. It provides services in the development, manufacture, aseptic fill, and finish of formulations and highly viscous sterile injectable pharmaceutical drug or medical device products in syringes, vials, and cartridges in various modalities. The company also manufactures and sells pharmaceutical-grade hyaluronic acid in bulk form, as well as for use in formulated and filled syringes and vials for injectable products used in treating various medical conditions and procedures, including ophthalmic and orthopedic applications. In addition, it offers product development services, including analytical method development and validation, formulation development, sterile filtration, process scale-up, pilot studies, stability studies, process validation, and materials production for clinical studies. The company was formerly known as Landec Corporation and changed its name to Lifecore Biomedical, Inc. in November 2022. Lifecore Biomedical, Inc. was founded in 1965 and is headquartered in Chaska, Minnesota.

Company Details

  • SectorHealthcare
  • IndustryDrug Manufacturers - Specialty & Generic
  • CEOMr. Paul Josephs
  • Employees382
  • Headquarters3515 Lyman Boulevard, Chaska, MN, United States, 55318, USA
  • Websitehttps://www.lifecore.com

Leadership

  • Mr. Paul JosephsPresident, CEO & Director · b. 1966
  • Mr. Ryan D. Lake CPAExecutive VP & CFO · b. 1977
  • Mr. Thomas D. SalusChief Legal & Administration Officer and Corporate Secretary · b. 1970
  • Mr. Thomas GuldagerSenior Vice President of Operations
  • Mr. Aaron PerlitshDirector of Internal Audit & Chief Compliance Officer
  • Ms. Jackie Q. KleckerExecutive Vice President of Quality & Development Services
  • Mr. Mark DaFonsecaChief Commercial Officer
  • Mr. Parker K. JavidVice President · b. 1969

Financials

Income Statement

Currency: USD1996-05-311997-05-311998-05-311999-05-312000-05-312001-05-312002-05-312004-05-312005-05-312006-05-312007-05-312008-05-312009-05-312010-05-312011-05-312012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312018-05-312019-05-312020-05-312021-05-312022-05-312023-05-312024-05-312025-05-312026-05-31
Total Revenue2.50M9.50M33.50M35.40M209.55M190.88M183.16M192.09M205.23M231.95M210.50M238.53M235.94M238.22M276.73M317.55M441.71M476.81M539.26M541.10M532.26M524.23M557.56M160.07M100.87M185.79M111.27M128.26M128.87M129.46M
Growth (%)-+280.00%+252.63%+5.67%+491.95%-8.91%-4.05%+4.88%+6.84%+13.02%-9.25%+13.32%-1.09%+0.97%+16.16%+14.75%+39.10%+7.95%+13.10%+0.34%-1.63%-1.51%+6.36%-71.29%-36.98%+84.18%-40.11%+15.27%+0.47%+0.46%
Cost of Revenue500.00K5.10M18.20M19.30M170.12M163.29M151.81M162.30M173.26M191.91M178.11M200.30M201.66M204.46M230.03M265.41M378.95M414.25M473.85M470.14M449.07M445.89M476.56M120.68M61.94M135.42M72.20M86.41M88.57M88.85M
Gross Profit2.00M4.40M15.30M16.10M39.43M27.59M31.34M29.79M31.97M40.04M32.39M38.23M34.28M33.77M46.70M52.14M62.76M62.56M65.41M70.96M83.19M78.34M81.00M39.39M38.94M50.37M39.07M41.85M40.30M40.61M
Gross Margin80.00%46.32%45.67%45.48%18.82%14.45%17.11%15.51%15.58%17.26%15.39%16.03%14.53%14.17%16.87%16.42%14.21%13.12%12.13%13.11%15.63%14.94%14.53%24.61%38.60%27.11%35.11%32.63%31.27%31.37%
Operating Expense7.60M13.40M18.60M19.20M39.64M30.24M30.08M25.74M25.95M31.02M2.02M23.05M21.68M22.06M38.66M37.56M37.89M42.37M46.95M90.74M67.68M66.49M89.01M65.26M47.76M53.97M50.86M50.69M57.54M41.87M
Operating Income-5.60M-9.00M-3.30M-3.10M-213.00K-2.65M1.26M4.05M6.02M9.02M30.36M15.18M12.60M11.71M8.03M14.58M24.87M20.19M18.46M-19.79M15.51M11.85M-8.01M-25.88M-8.82M-3.60M-11.79M-8.84M-17.25M-1.26M
Operating Margin-224.00%-94.74%-9.85%-8.76%-0.10%-1.39%0.69%2.11%2.93%3.89%14.43%6.36%5.34%4.91%2.90%4.59%5.63%4.23%3.42%-3.66%2.91%2.26%-1.44%-16.17%-8.75%-1.94%-10.60%-6.90%-13.38%-0.97%
EBITDA-3.80M-7.90M-1.20M-2.29M4.29M2.78M4.76M7.76M9.48M12.23M33.63M18.38M17.04M12.24M14.57M26.99M41.57M38.69M30.39M-7.80M26.68M24.99M23.47M-7.16M-987.00K-68.03M12.84M35.60M-8.81M8.24M
EBITDA Margin-152.00%-83.16%-3.58%-6.47%2.05%1.46%2.60%4.04%4.62%5.27%15.97%7.71%7.22%5.14%5.27%8.50%9.41%8.11%5.64%-1.44%5.01%4.77%4.21%-4.47%-0.98%-36.62%11.54%27.76%-6.84%6.37%
Net Income-4.20M-8.60M-2.90M-2.80M-4.00M-18.79M-1.49M2.90M5.40M8.65M29.19M13.54M7.73M3.98M3.92M12.70M22.59M19.14M13.54M-11.64M10.59M24.83M2.12M-38.19M-32.29M-97.43M-116.72M12.01M-38.72M-30.79M
Net Income Margin-168.00%-90.53%-8.66%-7.91%-1.91%-9.84%-0.81%1.51%2.63%3.73%13.87%5.68%3.28%1.67%1.42%4.00%5.11%4.02%2.51%-2.15%1.99%4.74%0.38%-23.86%-32.01%-52.44%-104.89%9.37%-30.04%-23.78%
R&D3.80M7.60M5.70M5.80M4.70M3.27M3.66M3.73M2.54M3.04M3.07M3.25M3.67M4.36M9.28M9.63M9.29M7.20M6.99M7.23M9.47M12.80M11.47M7.58M6.68M7.84M7.84M8.57M8.26M8.50M
R&D as % of Total Revenue152.00%80.00%17.01%16.38%2.24%1.71%2.00%1.94%1.24%1.31%1.46%1.36%1.55%1.83%3.35%3.03%2.10%1.51%1.30%1.34%1.78%2.44%2.06%4.74%6.63%4.22%7.05%6.69%6.41%6.57%
Interest Expense1.50M1.70M1.30M400.00K4.28M2.21M-29.00K4.00K24.00K23.95M1.72M8.00K88.00K820.00K929.00K2.01M1.65M1.83M1.99M1.83M1.95M5.23M4.65M8.93M17.36M15.55M18.09M21.84M2.21M
Interest Expense % of Total Revenue60.00%17.89%3.88%1.13%2.04%1.16%-0.02%0.00%0.01%11.38%0.72%0.00%0.04%0.30%0.29%0.45%0.35%0.34%0.37%0.34%0.37%0.94%2.90%8.86%9.34%13.98%14.10%16.94%1.71%

Balance Sheet

Currency: USD1996-05-311997-05-311998-05-311999-05-312000-05-312001-05-312002-05-312003-05-312004-05-312005-05-312006-05-312007-05-312008-05-312009-05-312010-05-312011-05-312012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312018-05-312019-05-312020-05-312021-05-312022-05-312023-05-312024-05-312025-05-312026-05-31
Total Assets38.40M50.20M42.40M40.70M123.73M120.12M107.80M97.17M93.01M100.08M119.03M141.37M150.59M152.87M200.20M206.31M277.69M290.94M313.62M346.46M343.47M358.01M404.70M519.09M541.31M502.92M295.16M274.70M253.96M239.34M232.18M
Total Liabilities1.80M14.60M8.70M8.90M66.73M69.25M50.26M37.57M29.91M26.55M32.20M29.30M34.57M25.67M67.72M68.59M126.13M110.53M108.86M126.36M131.12M129.86M152.14M248.95M310.27M300.14M187.22M186.88M242.65M238.01M246.38M
Total Equity36.60M35.60M33.70M31.80M55.86M49.84M55.96M58.76M61.55M72.06M85.05M110.23M114.47M127.20M130.78M136.06M149.74M178.69M203.07M218.43M210.73M226.61M252.56M270.14M231.04M202.78M107.94M87.82M11.31M1.34M-14.20M
Cash14.20M5.20M9.20M3.20M6.45M8.70M7.85M3.56M6.46M12.87M20.52M62.56M44.40M43.46M27.82M8.13M22.18M13.72M14.24M14.13M9.89M5.41M2.90M1.08M360.00K1.16M1.64M991.00K8.46M8.27M17.47M
Total Debt500.00K-2.90M2.70M21.89M33.42M17.54M14.12M9.00M3.09M2.02M28.00K--23.77M19.83M58.98M44.30M34.37M42.52M61.97M53.97M72.94M152.52M221.12M215.86M153.19M247.78M133.57M130.82M142.61M
Net Debt-13.70M-5.20M-6.30M-500.00K15.44M24.72M9.69M10.56M2.54M-9.78M-18.50M-62.53M-44.40M-43.46M-4.05M11.70M36.81M30.59M20.13M28.39M52.07M48.56M70.04M151.44M220.76M214.70M151.54M246.79M125.11M122.56M125.14M

Cash Flow

Currency: USD1996-05-311997-05-311998-05-311999-05-312000-05-312001-05-312002-05-312004-05-312005-05-312006-05-312007-05-312008-05-312009-05-312010-05-312011-05-312012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312018-05-312019-05-312020-05-312021-05-312022-05-312023-05-312024-05-312025-05-312026-05-31
Operating Cash Flow-3.60M-5.50M-3.40M-3.60M5.01M-7.57M-101.00K7.93M13.05M10.87M-2.06M17.52M9.44M7.48M14.47M22.18M21.23M21.05M26.16M21.78M29.33M19.78M16.02M-17.04M16.47M-24.40M-22.59M257.00K-206.00K12.57M
Investing Cash Flow-20.70M5.70M4.10M-3.10M-15.62M-4.00M7.52M-1.37M-5.20M-5.49M42.04M-20.21M-12.34M-42.80M-29.39M-44.07M-10.42M-13.34M-34.44M-41.59M-25.01M-35.59M-96.80M-23.89M-12.31M81.77M79.96M-18.39M-6.42M-1.63M
Financing Cash Flow34.90M-9.20M3.30M700.00K17.00M11.62M-8.26M-3.80M-1.44M2.27M2.06M-15.47M1.97M19.67M-4.76M35.93M-19.27M-7.18M8.17M15.57M-8.80M13.29M79.03M40.02M-3.42M-57.02M-57.02M7.51M6.42M-1.11M
Capital Expenditure400.00K1.30M4.50M4.10M5.34M6.96M2.55M3.39M3.66M4.75M6.78M4.24M4.58M44.87M6.68M5.37M8.88M14.89M17.51M40.87M22.59M33.59M44.73M26.69M25.22M28.13M29.94M18.39M13.41M6.34M
Free Cash Flow-4.00M-6.80M-7.90M-7.70M-330.00K-14.53M-2.65M4.54M9.39M6.12M-8.84M13.28M4.86M-37.39M7.79M16.81M12.35M6.16M8.64M-19.08M6.74M-13.81M-28.71M-43.73M-8.75M-52.53M-52.53M-18.14M-13.62M6.23M
Dividends Paid---------------44.58M------700.00K212.00K--274.00K3.08M--
FCF to OCF111.11%123.64%232.35%213.89%-6.59%191.97%2620.79%57.23%71.97%56.32%428.90%75.80%51.50%-499.68%53.80%75.79%58.19%29.27%33.05%-87.60%22.97%-69.83%-179.24%256.60%-53.14%215.31%232.52%-7057.59%6612.14%49.58%
Dividend Paid to FCF---------------265.21%-------2.44%-0.48%---0.52%-16.97%--

Earnings

Report DateMar 28, 1996Sep 4, 1996Feb 25, 1997May 28, 1997Aug 29, 1997Dec 23, 1997Mar 4, 1998Jun 2, 1998Sep 2, 1998Dec 10, 1998Mar 3, 1999Jul 31, 1999Jan 31, 2000Apr 30, 2000Jul 31, 2000Jan 31, 2001Apr 30, 2001Jul 31, 2001Sep 11, 2001Jan 23, 2002Mar 12, 2002Jun 11, 2002Sep 10, 2002Jan 21, 2003Mar 5, 2003Aug 12, 2003Oct 1, 2003Jan 8, 2004Mar 30, 2004Jul 21, 2004Sep 28, 2004Jan 4, 2005Mar 29, 2005Jul 19, 2005Sep 28, 2005Jan 4, 2006Mar 28, 2006Jul 24, 2006Sep 26, 2006Jan 3, 2007Mar 27, 2007Jul 24, 2007Sep 25, 2007Jan 3, 2008Apr 9, 2008Aug 5, 2008Sep 30, 2008Jan 6, 2009Apr 7, 2009Jul 28, 2009Sep 29, 2009Jan 5, 2010Mar 30, 2010Aug 3, 2010Sep 28, 2010Jan 4, 2011Mar 29, 2011Jul 26, 2011Oct 4, 2011Jan 3, 2012Mar 26, 2012Jul 31, 2012Sep 26, 2012Jan 2, 2013Mar 26, 2013Jul 31, 2013Sep 24, 2013Jan 2, 2014Mar 25, 2014Jul 29, 2014Oct 7, 2014Jan 6, 2015Mar 31, 2015Jul 28, 2015Sep 29, 2015Jan 5, 2016Mar 29, 2016Jul 26, 2016Sep 27, 2016Jan 4, 2017Apr 4, 2017Jul 25, 2017Sep 26, 2017Jan 3, 2018Apr 3, 2018Jul 31, 2018Oct 2, 2018Jan 3, 2019Apr 3, 2019Jul 30, 2019Oct 1, 2019Jan 2, 2020Mar 31, 2020Aug 11, 2020Oct 6, 2020Jan 6, 2021Apr 7, 2021Jul 28, 2021Sep 29, 2021Jan 5, 2022Apr 5, 2022Aug 10, 2022Oct 6, 2022Feb 27, 2023Mar 16, 2023Aug 31, 2023Nov 14, 2023Dec 29, 2023Feb 29, 2024Aug 26, 2024Oct 4, 2024Jan 2, 2025Apr 3, 2025Aug 7, 2025Nov 6, 2025Jan 1, 2026Apr 7, 2026Aug 5, 2026Aug 31, 2026
EPS Estimate-0.16-0.03-0.12-0.08-0.05-0.05-0.050.04-0.04-0.16-0.11--------0.10-0.14-0.250.28-0.02-0.06-0.130.30-0.03-0.070.040.17-0.02-0.070.080.15-0.02-0.040.110.24-0.01-0.020.940.140.100.120.140.120.100.100.060.070.070.070.080.080.100.080.070.060.060.120.130.090.080.160.180.160.230.130.220.180.090.120.140.190.130.060.030.150.100.060.180.090.060.010.090.220.06-0.020.05-0.02-0.16-0.06-0.010.03-0.130.030.04-0.01-0.12-0.09-0.03-0.01-0.13-0.04-0.11-0.07-0.23-0.230.13-0.12-0.46-0.30-0.15-0.09-0.30-0.16-0.23-0.17-0.22
EPS Actual-0.17-0.09-0.12-0.14-0.09-0.14-0.100.20-0.10-0.20-0.12-0.15-0.180.12-0.04-0.240.17-0.08-0.08-0.17-0.220.24-0.03-0.07-0.10-0.03-0.03-0.080.030.17-0.03-0.030.090.17-0.02-0.040.130.240.00-0.000.920.160.110.120.150.130.110.060.060.070.080.060.070.080.090.080.090.080.070.130.180.110.100.190.180.170.180.130.240.170.090.120.140.150.110.07-0.780.170.120.050.180.090.080.020.090.240.01-0.020.04-0.01-0.16-0.16-0.390.05-0.380.02-0.190.07-0.23-0.22-0.08-0.01-0.32-0.21-0.42-0.11-1.19-0.130.42-0.17-0.37-0.20-0.47-0.10-0.430.00-0.16-0.19-0.19
Surprise-6.25%-200.00%0.00%-75.00%-80.00%-180.00%-100.00%400.00%-150.00%-25.00%-9.09%-------20.00%-21.43%12.00%-14.29%-50.00%-16.67%23.08%-110.00%0.00%-14.29%-25.00%0.00%-50.00%57.14%12.50%13.33%0.00%0.00%18.18%0.00%106.00%76.00%-2.13%14.29%10.00%0.00%7.14%8.33%10.00%-40.00%0.00%0.00%14.29%-14.29%-12.50%0.00%-10.00%0.00%28.57%33.33%16.67%8.33%38.46%22.22%25.00%18.75%0.00%6.25%-21.74%0.00%9.09%-5.56%0.00%0.00%0.00%-21.05%-15.38%16.67%-2700.00%13.33%20.00%-16.67%0.00%0.00%33.33%100.00%0.00%9.09%-83.33%0.00%-20.00%50.00%0.00%-166.67%-3800.00%66.67%-192.31%-33.33%-575.00%800.00%-91.67%-144.44%-166.67%0.00%-146.15%-425.00%-281.82%-57.14%-418.13%43.48%223.08%-41.67%19.57%33.33%-213.33%-11.11%-43.33%100.00%30.43%-11.76%14.61%
Timing------------------After-hours-After-hoursAfter-hoursPre-marketAfter-hours--After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursPre-marketAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-market-After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursPre-market-

Key Statistics & Ratios

Market Cap246.80M
Enterprise Value307.79M
Trailing P/E0.00
Forward P/E8.67
PEG Ratio2.66
Price / Sales1.91
Price / Book197.99
EPS-1.27
Book Value-0.904
Revenue (TTM)129.46M
Gross Profit (TTM)40.61M
EBITDA8.24M
Profit Margin-23.78%
Operating Margin7.51%
Return on Equity-76.41%
Return on Assets-3.04%
Shares Outstanding37.85M
Shares Float19.33M
Beta1.08
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 3 analystsTarget 6.75
  • Strong Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
77.30%
Insiders
2.80%
Retail / Other
19.90%

Top Institutional Holders

  • Wynnefield Capital Inc
    4.70M12.42%
  • Legion Partners Asset Management, LLC
    4.46M11.79%
  • Greenhaven Road Investment Management, L.P.
    3.54M9.35%
  • 325 Capital LLC
    2.90M7.65%
  • BlackRock Inc
    1.88M4.96%
  • Vanguard Capital Management, LLC
    1.29M3.41%
  • Geode Capital Management, LLC
    815.11K2.15%
  • Morgan Stanley - Brokerage Accounts
    764.73K2.02%
  • State Street Corp
    642.01K1.70%
  • Quinn Opportunity Partners LLC
    453.50K1.20%
  • DCF Advisers, LLC
    424.50K1.12%
  • Wittenberg Investment Management Inc
    314.01K0.83%
  • Vanguard Fiduciary Trust Co
    237.06K0.63%
  • Northern Trust Corp
    228.16K0.60%
  • LPL Financial Corp
    207.79K0.55%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    822.11K2.17%
  • iShares Russell 2000 ETF
    718.52K1.90%
  • Fidelity Small Cap Index
    303.04K0.80%
  • iShares Russell 2000 Value ETF
    237.75K0.63%
  • Fidelity Extended Market Index
    188.71K0.50%