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Added to YB: 2024-01-26

Pitch date: 2024-01-26

LFCR [bullish]

Lifecore Biomedical, Inc.

+19.11%

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

$6.54

Price Target

13.00 (+67%)

Dividend

N/A

EV/EBITDA

-128.16

P/E

-6.25

EV/Sales

3.62

Sector

Life Sciences Tools and Services

Category

special_situation

Show full summary:
Laughing Water Capital holding - Lifecore Biomedical ($LFCR)

$LFCR: Fill-finish CDMO in strategic review likely leading to sale at premium. Delayed filings due to legacy issues, but core biz value ⬆️. Alcon relationship ⬆️. 100% upside at middling multiple on initial '23 guide. Holding pattern until financials current.

Read full article (2 min)