Limoneira Company (LMNR) Stock Forecast, Price Target & Predictions


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LMNR Stock Forecast


Limoneira Company stock forecast is as follows: an average price target of $21.00 (represents a -20.75% downside from LMNR’s last price of $26.50) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

LMNR Price Target


The average price target for Limoneira Company (LMNR) is $21.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $17.00. This represents a potential -20.75% downside from LMNR's last price of $26.50.

LMNR Analyst Ratings


Buy

According to 3 Wall Street analysts, Limoneira Company's rating consensus is 'Buy'. The analyst rating breakdown for LMNR stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Limoneira Company Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 07, 2024Ben KlieveLoop Capital Markets$25.00$21.2617.59%-5.66%
Dec 29, 2022Roth Capital$17.00$12.5435.57%-35.85%

The latest Limoneira Company stock forecast, released on Jun 07, 2024 by Ben Klieve from Loop Capital Markets, set a price target of $25.00, which represents a 17.59% increase from the stock price at the time of the forecast ($21.26), and a -5.66% decrease from LMNR last price ($26.50).

Limoneira Company Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$25.00
Last Closing Price$26.50$26.50$26.50
Upside/Downside-100.00%-100.00%-5.66%

In the current month, the average price target of Limoneira Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Limoneira Company's last price of $26.50. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 10, 2024Lake StreetBuyHoldDowngrade
Sep 04, 2024B. RileyBuyBuyHold
Jun 07, 2024Lake StreetBuyBuyHold
Dec 29, 2022Roth CapitalBuyBuyHold

Limoneira Company's last stock rating was published by Lake Street on Sep 10, 2024. The company Downgrade its LMNR rating from "Buy" to "Hold".

Limoneira Company Financial Forecast


Limoneira Company Revenue Forecast

Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19May 18May 17
Revenue-------$39.73M$41.43M$52.50M-$37.90M$39.66M$58.92M-$39.27M$33.49M$49.13M-$38.27M$29.77M$53.56M-$41.66M$36.48M$50.87M-$42.02M--
Avg Forecast$43.00M$58.00M$54.00M$40.00M$42.45M$63.57M$53.96M$40.50M$37.82M$50.07M$48.24M$37.71M$33.43M$51.39M$48.32M$37.63M$26.55M$48.82M$45.44M$36.88M$29.20M$46.51M$37.09M$42.64M$31.47M$48.87M$40.66M$46.61M$45.63M$31.60M
High Forecast$43.00M$58.00M$54.00M$40.00M$42.45M$63.57M$53.96M$40.79M$38.99M$50.07M$48.24M$37.71M$34.06M$52.35M$49.23M$38.34M$27.05M$49.74M$46.29M$37.57M$29.74M$47.38M$37.79M$43.44M$32.07M$49.79M$41.42M$47.48M$54.76M$37.92M
Low Forecast$43.00M$58.00M$54.00M$40.00M$42.45M$63.57M$53.96M$40.21M$35.78M$50.07M$48.24M$37.71M$32.81M$50.42M$47.41M$36.93M$26.05M$47.91M$44.58M$36.19M$28.65M$45.63M$36.40M$41.84M$30.88M$47.95M$39.89M$45.73M$36.50M$25.28M
# Analysts11111112422211112222666655511137
Surprise %-------0.98%1.10%1.05%-1.00%1.19%1.15%-1.04%1.26%1.01%-1.04%1.02%1.15%-0.98%1.16%1.04%-0.90%--

Limoneira Company's average Quarter revenue forecast for May 24 based on 1 analysts is $53.96M, with a low forecast of $53.96M, and a high forecast of $53.96M. LMNR's average Quarter revenue forecast represents a 35.82% increase compared to the company's last Quarter revenue of $39.73M (Jan 24).

Limoneira Company EBITDA Forecast

Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19May 18May 17
# Analysts11111112422211112222666655511137
EBITDA-------$-7.75M$-9.69M$-1.55M-$-16.21M$-7.29M$11.65M-$-7.25M$-3.29M$7.52M-$-3.14M$-6.15M$5.21M-$-3.88M$-4.15M$4.69M-$3.02M--
Avg Forecast$1.60M$2.16M$2.01M$1.49M$1.58M$2.36M$2.01M$1.51M$1.41M$1.86M$1.79M$1.40M$-1.74M$-2.68M$-7.58M$-1.96M$-1.38M$-2.54M$-3.11M$-1.92M$-1.52M$-2.42M$-3.85M$-2.22M$-1.64M$-2.55M$-2.04M$-2.43M$311.23K$-1.45M
High Forecast$1.60M$2.16M$2.01M$1.49M$1.58M$2.36M$2.01M$1.52M$1.45M$1.86M$1.79M$1.40M$-1.71M$-2.63M$-6.06M$-1.92M$-1.36M$-2.50M$-2.49M$-1.89M$-1.49M$-2.38M$-3.08M$-2.18M$-1.61M$-2.50M$-1.63M$-2.38M$373.48K$-1.16M
Low Forecast$1.60M$2.16M$2.01M$1.49M$1.58M$2.36M$2.01M$1.50M$1.33M$1.86M$1.79M$1.40M$-1.78M$-2.73M$-9.10M$-2.00M$-1.41M$-2.59M$-3.73M$-1.96M$-1.55M$-2.47M$-4.62M$-2.26M$-1.67M$-2.59M$-2.45M$-2.47M$248.98K$-1.73M
Surprise %--------5.14%-6.89%-0.83%--11.55%4.18%-4.35%-3.70%2.38%-2.95%-1.63%4.04%-2.15%-1.74%2.53%-1.84%--1.24%--

1 analysts predict LMNR's average Quarter EBITDA for Oct 22 to be $-1.74M, with a high of $-1.71M and a low of $-1.78M. This is -114.95% lower than Limoneira Company's previous annual EBITDA (Jul 22) of $11.65M.

Limoneira Company Net Income Forecast

Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19May 18May 17
# Analysts11111112422211112222666655511137
Net Income-------$-12.06M$-3.46M$-1.16M-$15.63M$-2.77M$7.38M-$-6.61M$-4.66M$3.71M-$-3.92M$-7.53M$1.80M-$-6.90M$-3.21M$-397.00K-$-4.68M--
Avg Forecast$-2.20M$5.33M$3.67M$-3.12M$-1.29M$6.15M$3.24M$-4.96M$-2.82M$2.75M$3.55M$-6.24M$-1.78M$4.53M$-5.54M$-4.19M$-4.77M$3.24M$-4.52M$-4.66M$-3.90M$459.07K$-3.53M$-3.63M$-4.63M$-293.81K$-2.21M$-1.38M$11.28M$-2.30M
High Forecast$-2.20M$5.33M$3.67M$-3.12M$-1.29M$6.15M$3.25M$-4.96M$-2.06M$2.75M$3.55M$-6.24M$-1.73M$4.64M$-4.43M$-4.08M$-4.66M$3.32M$-3.62M$-4.55M$-3.81M$470.29K$-2.83M$-3.54M$-4.51M$-286.63K$-1.77M$-1.34M$13.53M$-1.84M
Low Forecast$-2.20M$5.33M$3.67M$-3.12M$-1.29M$6.15M$3.24M$-4.96M$-3.38M$2.75M$3.55M$-6.24M$-1.82M$4.42M$-6.65M$-4.29M$-4.89M$3.16M$-5.42M$-4.78M$-4.00M$447.86K$-4.24M$-3.72M$-4.74M$-300.99K$-2.65M$-1.41M$9.02M$-2.76M
Surprise %-------2.43%1.23%-0.42%--2.50%1.56%1.63%-1.58%0.98%1.14%-0.84%1.93%3.92%-1.90%0.69%1.35%-3.40%--

Limoneira Company's average Quarter net income forecast for May 23 is $3.55M, with a range of $3.55M to $3.55M. LMNR's average Quarter net income forecast represents a -77.29% decrease compared to the company's last Quarter net income of $15.63M (Jan 23).

Limoneira Company SG&A Forecast

Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19May 18May 17
# Analysts11111112422211112222666655511137
SG&A-------$7.34M$6.55M$4.62M-$9.28M$5.06M$5.03M-$6.60M$4.27M$4.04M-$5.89M$5.72M$3.91M-$6.31M$6.35M$4.96M-$5.01M--
Avg Forecast$5.46M$7.37M$6.86M$5.08M$5.39M$8.07M$6.85M$5.14M$4.80M$6.36M$6.13M$4.79M$4.25M$6.53M$5.53M$4.78M$3.37M$6.20M$6.33M$4.68M$3.71M$5.91M$3.47M$5.42M$4.00M$6.21M$2.36M$5.92M$5.33M$4.27M
High Forecast$5.46M$7.37M$6.86M$5.08M$5.39M$8.07M$6.85M$5.18M$4.95M$6.36M$6.13M$4.79M$4.33M$6.65M$6.64M$4.87M$3.44M$6.32M$7.60M$4.77M$3.78M$6.02M$4.16M$5.52M$4.07M$6.32M$2.84M$6.03M$6.39M$5.13M
Low Forecast$5.46M$7.37M$6.86M$5.08M$5.39M$8.07M$6.85M$5.11M$4.55M$6.36M$6.13M$4.79M$4.17M$6.40M$4.43M$4.69M$3.31M$6.08M$5.07M$4.60M$3.64M$5.80M$2.78M$5.31M$3.92M$6.09M$1.89M$5.81M$4.26M$3.42M
Surprise %-------1.43%1.36%0.73%-1.94%1.19%0.77%-1.38%1.27%0.65%-1.26%1.54%0.66%-1.17%1.59%0.80%-0.85%--

Limoneira Company's average Quarter SG&A projection for May 24 is $6.85M, based on 1 Wall Street analysts, with a range of $6.85M to $6.85M. The forecast indicates a -6.69% fall compared to LMNR last annual SG&A of $7.34M (Jan 24).

Limoneira Company EPS Forecast

Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19May 18May 17
# Analysts11111112422211112222666655511137
EPS-------$-0.68$-0.20$-0.07-$0.87$-0.16$0.41-$-0.38$-0.27$0.20-$-0.22$-0.43$0.10-$-0.39$-0.18$-0.02-$-0.27--
Avg Forecast$-0.12$0.29$0.20$-0.17$-0.07$0.34$0.18$-0.27$-0.15$0.15$0.19$-0.34$-0.10$0.25$0.05$-0.23$-0.26$0.18$0.06$-0.25$-0.21$0.03$-0.04$-0.20$-0.25$-0.02$-0.11$-0.07$-0.17$-0.20
High Forecast$-0.12$0.29$0.20$-0.17$-0.07$0.34$0.18$-0.27$-0.11$0.15$0.19$-0.34$-0.09$0.25$0.06$-0.22$-0.25$0.18$0.06$-0.25$-0.21$0.03$-0.04$-0.19$-0.25$-0.02$-0.11$-0.07$-0.14$-0.16
Low Forecast$-0.12$0.29$0.20$-0.17$-0.07$0.34$0.18$-0.27$-0.18$0.15$0.19$-0.34$-0.10$0.24$0.05$-0.23$-0.27$0.17$0.06$-0.26$-0.22$0.02$-0.04$-0.20$-0.26$-0.02$-0.11$-0.08$-0.20$-0.24
Surprise %-------2.52%1.30%-0.44%--2.56%1.66%1.66%-1.67%1.04%1.13%-0.87%2.02%4.00%-1.97%0.71%1.41%-3.60%--

According to 2 Wall Street analysts, Limoneira Company's projected average Quarter EPS for May 23 is $0.19, with a low estimate of $0.19 and a high estimate of $0.19. This represents a -77.78% decrease compared to LMNR previous annual EPS of $0.87 (Jan 23).

Limoneira Company Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AGROAdecoagro$10.11$12.2521.17%Buy
DOLEDole$14.33$16.6716.33%Buy
BGBunge$81.27$90.0010.74%Buy
VITLVital Farms$38.82$41.506.90%Buy
LMNRLimoneira Company$26.68$21.00-21.29%Buy
CALMCal-Maine Foods$106.66$55.00-48.43%Buy

LMNR Forecast FAQ


Is Limoneira Company a good buy?

Yes, according to 3 Wall Street analysts, Limoneira Company (LMNR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of LMNR's total ratings.

What is LMNR's price target?

Limoneira Company (LMNR) average price target is $21 with a range of $17 to $25, implying a -20.75% from its last price of $26.5. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Limoneira Company stock go up soon?

According to Wall Street analysts' prediction for LMNR stock, the company can go down by -20.75% (from the last price of $26.5 to the average price target of $21), down by -5.66% based on the highest stock price target, and down by -35.85% based on the lowest stock price target.

Can Limoneira Company stock reach $40?

LMNR's average twelve months analyst stock price target of $21 does not support the claim that Limoneira Company can reach $40 in the near future.

What are Limoneira Company's analysts' financial forecasts?

Limoneira Company's analysts financial forecasts for the fiscal year (Oct 2024) are as follows: average revenue is $200.48M (high $200.77M, low $200.19M), average EBITDA is $7.46M (high $7.47M, low $7.45M), average net income is $3.15M (high $3.16M, low $3.15M), average SG&A $25.46M (high $25.5M, low $25.43M), and average EPS is $0.172 (high $0.172, low $0.171). LMNR's analysts financial forecasts for the fiscal year (Oct 2025) are as follows: average revenue is $195M (high $195M, low $195M), average EBITDA is $7.25M (high $7.25M, low $7.25M), average net income is $3.67M (high $3.67M, low $3.67M), average SG&A $24.77M (high $24.77M, low $24.77M), and average EPS is $0.2 (high $0.2, low $0.2).

Did the LMNR's actual financial results beat the analysts' financial forecasts?

Based on Limoneira Company's last annual report (Oct 2023), the company's revenue was $179.9M, beating the average analysts forecast of $173.84M by 3.49%. Apple's EBITDA was $10.78M, beating the average prediction of $6.47M by 66.75%. The company's net income was $9.4M, missing the average estimation of $-2.754M by -441.27%. Apple's SG&A was $26.46M, beating the average forecast of $22.08M by 19.82%. Lastly, the company's EPS was $0.53, missing the average prediction of $-0.15 by -453.33%. In terms of the last quarterly report (Jan 2024), Limoneira Company's revenue was $39.73M, missing the average analysts' forecast of $40.5M by -1.90%. The company's EBITDA was $-7.745M, missing the average prediction of $1.51M by -614.07%. Limoneira Company's net income was $-12.057M, beating the average estimation of $-4.958M by 143.18%. The company's SG&A was $7.34M, beating the average forecast of $5.14M by 42.78%. Lastly, the company's EPS was $-0.68, beating the average prediction of $-0.27 by 151.85%