Professional
Added to YB: 2025-01-17
Pitch date: 2025-01-15
LFCR [bullish]
Lifecore Biomedical, Inc.
+22.1%
current return
Author Info
Laughing Water Capital is a boutique investment partnership. Our partners believe that careful analysis of a select group of businesses can lead to above average investment returns for equity investors. Our small size and patient approach give us an advantage that cannot be matched by traditional asset managers or hedge funds that are focused on the day to day gyrations of the stock market, rather than the fundamental value of businesses. Visit their website.
Company Info
Lifecore Biomedical, Inc., together with its subsidiaries, operates as an integrated contract development and manufacturing organization in the United States.
Market Cap
$298.2M
Pitch Price
$6.38
Price Target
12.70 (+63%)
Dividend
N/A
EV/EBITDA
-128.16
P/E
-6.25
EV/Sales
3.62
Sector
Life Sciences Tools and Services
Category
turnaround
Laughing Water Capital Portfolio Holding: Lifecore Biomedical, Inc.
LFCR: CDMO for injectables. New mgmt, equity raise eased balance sheet concerns. Plan to reach $300M rev by filling capacity. Step-up in guaranteed rev by 2027. 80% chance of change of control by 2028. Comps suggest >100% upside. Mgmt buying shares. Risks: past misleading statements, execution.
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