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Local Bounti Corp
NYSE:LOCL

Watchlist Manager
Local Bounti Corp
NYSE:LOCL
Watchlist
Price: 2.23 USD +0.9% Market Closed
Updated: Dec 6, 2022

Intrinsic Value

The intrinsic value of one LOCL stock under the Base Case scenario is 5.5 USD. Compared to the current market price of 2.23 USD, Local Bounti Corp is Undervalued by 59%.

The Intrinsic Value is calculated as the average of the two valuation methods:

LOCL Intrinsic Value
Base Case
5.5 USD
Undervaluation 59%
Intrinsic Value
Price
L
Worst Case
Base Case
Best Case

Fundamental Analysis

LOCL Profitability Score
Profitability Due Diligence

Local Bounti Corp's profitability score is 26/100. The higher the profitability score, the more profitable the company is.

Negative 3-Year Average ROE
Negative 3-Year Average ROIC
Negative Free Cash Flow
Negative Operating Income
26/100
Profitability
Score

Local Bounti Corp's profitability score is 26/100. The higher the profitability score, the more profitable the company is.

LOCL Solvency Score
Solvency Due Diligence

Local Bounti Corp's solvency score is 27/100. The higher the solvency score, the more solvent the company is.

Low Interest Coverage
Low Altman Z-Score
Positive Net Debt
Average D/E
27/100
Solvency
Score

Local Bounti Corp's solvency score is 27/100. The higher the solvency score, the more solvent the company is.

Financials
Efficiency
11%
Gross Margin
-719%
Operating Margin
-858%
Net Margin
-944%
FCF Margin
-240%
ROE
-67%
ROIC
Other

LOCL Capital Structure
Local Bounti Corp

Market Capitalization 210M USD
Total Debt 128M USD
Minority Interest 0 USD
Preferred Equity 0 USD
Cash and Equivalents 4.2M USD
Short-Term Investments 0 USD
Enterprise Value 334M USD

Wall St
Price Targets

LOCL Price Targets Summary
Local Bounti Corp

Wall Street analysts forecast LOCL stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for LOCL is 8.31 USD with a low forecast of 2.78 USD and a high forecast of 13.65 USD.

Lowest
Price Target
2.78 USD
25% Upside
Average
Price Target
8.31 USD
273% Upside
Highest
Price Target
13.65 USD
512% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

LOCL Competitors
Local Bounti Corp

LOCL Suppliers & Customers
Local Bounti Corp

There is no information about
Local Bounti Corp
key suppliers

Local Bounti Corp has 6 key customers from 1 countries and 1 industries. The majority of these customers are located in the United States of America, with the largest number of customers in the Retail industry.

Ownership

LOCL Insider Trading
Buy and sell transactions by insiders

Local Bounti Corp insiders have bought more shares than they have sold in the past 12 months.

During the last 12 months Local Bounti Corp insiders bought 16.4M USD , and sold 1.6M USD worth of shares. The last transaction was made on Dec 6, 2022 by Schwab Charles R. (10 percent owner), who bought 15M USD worth of LOCL shares.

Sold
0-3
months
53.5k USD
1
3-6
months
1.5M USD
4
6-9
months
0 USD
0
9-12
months
0 USD
0
Bought
0-3
months
1
15M USD
3-6
months
0
0 USD
6-9
months
No Insider Transactions
0
0 USD
9-12
months
3
935k USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
53.5k USD
15M USD
14.9M
6 Months
1.6M USD
15M USD
13.4M
9 Months
1.6M USD
15M USD
13.4M
12 Months
1.6M USD
15.9M USD
14.3M
Purchases
16
Sales
17
Why is insider trading important?

Shareholder Return

LOCL Price
Local Bounti Corp

1M 1M
-21%
6M 6M
-43%
1Y 1Y
-68%
3Y 3Y
-63%
5Y 5Y
-63%
Annual Price Range
2.23
52w Low
2.1
52w High
9.01
Price Metrics
Average Annual Return
N/A
Standard Deviation of Annual Returns
N/A
Max Drawdown -84%
Shares Statistics
Market Capitalization 210M USD
Shares Outstanding 103 669 000
Percentage of Shares Shorted 8.49%

Company Profile

Local Bounti Corp

Country

United States of America

Industry

Food Products

Market Cap

210M USD

Dividend Yield

0%

Description

Local Bounti Corp. operates as an advanced indoor growing facility. The company is headquartered in Hamilton Montana, Montana and currently employs 111 full-time employees. The company went IPO on 2021-04-19. The firm operates an indoor growing facility in Hamilton, Montana, within a few hours' drive of its retail and food service partners. The company produces living lettuce, cilantro, romaine, basil and other greens and herbs. Local Bounti's United States Department of Agriculture (USDA) harmonized Good Agricultural Practices (GAP Plus+) and non-genetically modified organisms (GMO) produce is sustainably grown using its technology 365 days a year, free of pesticides and herbicides, and using less land and water than conventional outdoor farming methods. Local Bounti is also focused on making meaningful connections and giving back to each of the communities it serves.

Contact

MONTANA
Hamilton Montana
220 W Main St.
+18006404016

IPO

2021-04-19

Employees

111

Officers

Co-Founder, Co-CEO & Chairman
Mr. Craig M. Hurlbert
Co-CEO & Director
Dr. Travis M. Joyner J.D., Ph.D.
Chief Financial Officer
Ms. Kathleen Valiasek
Chief Operating Officer
Mr. Mark McKinney
Pres
Mr. Brian C. Cook
Gen. Counsel & Corp. Sec.
Ms. Margaret E. McCandless
Show More
Chief Innovation Officer
Mr. B. David Vosburg Jr.
Chief Sustainability Officer
Mr. Gary R. Hilberg
Show Less

See Also

Similar Stocks
What is the Intrinsic Value of one LOCL stock?

The intrinsic value of one LOCL stock under the Base Case scenario is 5.5 USD.

Is LOCL stock undervalued or overvalued?

Compared to the current market price of 2.23 USD, Local Bounti Corp is Undervalued by 59%.