Added to YB: 2024-03-05
Pitch date: 2024-03-01
LMNR [bullish]
Limoneira Company
-27.34%
current return
Author Info
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Company Info
Limoneira Company operates as an agribusiness company in the United States and internationally. The company operates through four segments: Fresh Lemons, Lemon Packing, Avocados, and Other Agribusiness.
Market Cap
$240.1M
Pitch Price
$17.63
Price Target
29.28 (+129%)
Dividend
2.26%
EV/EBITDA
-24.58
P/E
-10.34
EV/Sales
2.51
Sector
Food Products
Category
special_situation
Limoneira: Citrus Farmer, Pursuing Strategic Alternatives
LMNR: $330M California agribiz explores sale to address undervaluation. Owns 11,100 acres & water rights. At $18, 60% upside to NAV based on RE & ag comps. 13D holder joins board, CEO open to go private/merge. Challenges in ag biz sale, but genuine commitment. Patience needed, maybe done by late summer.
Read full article (3 min)