Added to YB: 2025-04-09
Pitch date: 2025-04-07
ALCO [neutral]
Alico, Inc.
+29.04%
current return
Author Info
Buggy Whip Bargains has their heads stuck in 10Ks and 10Qs of 'old world' businesses trading below tangible book value. Opinions expressed here are not recommendations or advice. Do your own research. Sign up for the newsletter.
Company Info
Alico, Inc., together with its subsidiaries, operates as an agribusiness and land management company in the United States.
Market Cap
$278.2M
Pitch Price
$29.38
Price Target
N/A
Dividend
0.55%
EV/EBITDA
-26.18
P/E
-1.88
EV/Sales
7.50
Sector
Food Products
Category
N/A
The Deep Value Week: Alico, Inc. (ALCO) - Announces $50 Million Stock Repurchase Program & Amends Credit Agreement with MetLife Investment Management
ALCO (quick update): $50M stock buyback program approved, expires Apr 2028. Open market & private transactions allowed. 7th amendment to credit agreement with MetLife adjusts reporting, covenants, RLOC disbursements, paydowns, insurance, LT covenant & liquidity requirements.
Read full article (1 min)