Lifecore Biomedical (LFCR) Scheduled to Post Earnings on Thursday

Lifecore Biomedical (NASDAQ:LFCR – Get Rating) is scheduled to release its earnings data before the market opens on Thursday, June 1st. Analysts expect Lifecore Biomedical to post earnings of ($0.13) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Lifecore Biomedical Stock Performance

LFCR opened at $8.36 on Thursday. The business’s 50 day simple moving average is $4.19. The firm has a market cap of $253.48 million, a P/E ratio of -3.34 and a beta of 1.07. Lifecore Biomedical has a 1 year low of $1.52 and a 1 year high of $11.95.

Analyst Ratings Changes

LFCR has been the subject of a number of research analyst reports. Stephens downgraded shares of Lifecore Biomedical from an “overweight” rating to an “equal weight” rating in a research report on Monday, March 20th. Barrington Research increased their target price on shares of Lifecore Biomedical from $8.00 to $10.00 in a research report on Wednesday.

About Lifecore Biomedical

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Lifecore Biomedical, Inc engages in the design, development, manufacture, and sale of health and wellness products for food and biomaterials markets. It operates through the following segments: Lifecore, Curation Foods, and Others. The Lifecore segment sells products utilizing hyaluronan, a naturally occurring polysaccharide that is widely distributed in the extracellular matrix of connective tissues in both animals and humans.