Added to YB: 2024-10-07
Pitch date: 2024-10-04
ALCO [bullish]
Alico, Inc.
+36.93%
current return
Author Info
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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
$27.53
Price Target
75.00 (+99%)
Dividend
0.55%
EV/EBITDA
-26.18
P/E
-1.88
EV/Sales
7.50
Sector
Food Products
Category
value
Alico – a land giant hiding in plain sight
ALCO: FL citrus grower w/ 54k acres land (~4x Manhattan). Undervalued 2x+ at $50-75/sh. Citrus industry struggling but may recover: better prices, disease control, hurricane recovery. Tree cycle acceleration could boost production. $196M capital returned since 2015. FL land values rising, but catalyst needed.
Read full article (5 min)