Added to YB: 2025-01-08
Pitch date: 2025-01-07
ALCO [bullish]
Alico, Inc.
+25.6%
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
$30.01
Price Target
50.00 (+33%)
Dividend
0.55%
EV/EBITDA
-26.18
P/E
-1.88
EV/Sales
7.50
Sector
Food Products
Category
special_situation
Alico Update: Turning Citrus Groves into Florida Real Estate Value
ALCO: Ceasing citrus ops by 2025, pivoting to land development & diverse farming. 53,371 acres + mineral rights. Near-term sale of 5,500 acres for $335-380M. Total land value est. $650-750M. Positive cash flow by FY2025. CEO bonus at $50/share. Price target $50, trading at discount to NPV.
Read full article (3 min)