Local Bounti Corp Class A LOCL

Morningstar Rating
$2.41 −0.03 (1.12%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

LOCL is trading at a 741% premium.
Price
$2.46
Fair Value
$9.50
Uncertainty
Extreme
1-Star Price
$25.64
5-Star Price
$8.66
Economic Moat
Mwywx
Capital Allocation

News

Trading Information

Previous Close Price
$2.44
Day Range
$2.312.92
52-Week Range
$1.176.33
Bid/Ask
$2.00 / $2.90
Market Cap
$20.83 Mil
Volume/Avg
12,151 / 6,986

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.63
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Local Bounti Corp is a controlled environment agriculture company. Its business model is based on building local facilities, operated by local teams, to deliver fresh and quality produce to local communities while maintaining a limited carbon footprint. Using proprietary technology to grow leafy greens and herbs in smart greenhouses with a cultivation process that uses less water and land than conventional agriculture, free from herbicides or pesticides, it delivers products that have a longer shelf life, and are good in taste.
Sector
Consumer Defensive
Industry
Farm Products
Stock Style Box
Small Growth
Total Number of Employees
301

Valuation

Metric
LOCL
Price/Earnings (Normalized)
Price/Book Value
Price/Sales
0.63
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
LOCL
Quick Ratio
0.28
Current Ratio
0.62
Interest Coverage
−2.75
Quick Ratio
LOCL

Profitability

Metric
LOCL
Return on Assets (Normalized)
−22.71%
Return on Equity (Normalized)
−300.88%
Return on Invested Capital (Normalized)
−17.21%
Return on Assets
LOCL

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