Alico (NASDAQ:ALCO – Get Free Report) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.
Alico Price Performance
Alico stock opened at $27.12 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 2.52 and a debt-to-equity ratio of 0.28. Alico has a 52-week low of $22.58 and a 52-week high of $31.00. The firm has a market cap of $206.68 million, a PE ratio of 5.17 and a beta of 0.86. The company’s 50 day moving average is $28.10 and its two-hundred day moving average is $28.09.
Alico (NASDAQ:ALCO – Get Free Report) last released its earnings results on Wednesday, February 7th. The company reported ($2.35) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.29) by ($2.06). Alico had a net margin of 110.84% and a negative return on equity of 14.09%. The company had revenue of $13.99 million during the quarter, compared to analysts’ expectations of $11.50 million. On average, research analysts expect that Alico will post -3.41 EPS for the current fiscal year.
Institutional Inflows and Outflows
About Alico
Alico, Inc, together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Land Management and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing, and hauling of citrus.
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