Limoneira Company (LMNR) Stock Forecast, Price Target & Predictions
LMNR Stock Forecast
Limoneira Company stock forecast is as follows: an average price target of $21.00 (represents a -18.45% downside from LMNR’s last price of $25.75) 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 -18.45% downside from LMNR's last price of $25.75.
LMNR Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 07, 2024 | Ben Klieve | Loop Capital Markets | $25.00 | $21.26 | 17.59% | -2.91% |
| Dec 29, 2022 | - | Roth Capital | $17.00 | $12.54 | 35.57% | -33.98% |
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 -2.91% decrease from LMNR last price ($25.75).
Limoneira Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $25.00 |
| Last Closing Price | $25.75 | $25.75 | $25.75 |
| Upside/Downside | -100.00% | -100.00% | -2.91% |
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 $25.75. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | Lake Street | Buy | Hold | Downgrade |
| Sep 04, 2024 | B. Riley | Buy | Buy | Hold |
| Jun 07, 2024 | Lake Street | Buy | Buy | Hold |
| Dec 29, 2022 | Roth Capital | Buy | Buy | Hold |
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 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | May 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 | $43.24M | $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 | $41.66M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 11 | 13 | 7 |
| 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 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | May 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 11 | 13 | 7 |
| 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 | $-2.24M | $-3.02M | $-2.81M | $-2.08M | $-2.21M | $-3.31M | $-2.81M | $-2.11M | $-1.97M | $-2.61M | $-2.51M | $-1.97M | $-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 | $-2.24M | $-3.02M | $-2.81M | $-2.08M | $-2.17M | $-3.31M | $-2.81M | $-2.10M | $-1.86M | $-2.61M | $-2.51M | $-1.97M | $-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 | $-2.24M | $-3.02M | $-2.81M | $-2.08M | $-2.25M | $-3.31M | $-2.81M | $-2.13M | $-2.03M | $-2.61M | $-2.51M | $-1.97M | $-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 % | - | - | - | - | - | - | - | 3.67% | 4.92% | 0.59% | - | 8.25% | 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 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | May 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 11 | 13 | 7 |
| 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 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | May 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 11 | 13 | 7 |
| 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 | $5.49M | $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 | $5.29M | $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 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | May 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 11 | 13 | 7 |
| 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
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 -18.45% from its last price of $25.75. 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 -18.45% (from the last price of $25.75 to the average price target of $21), down by -2.91% based on the highest stock price target, and down by -33.98% 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 $201.56M, low $199.4M), average EBITDA is $-10.447M (high $-10.391M, low $-10.504M), average net income is $3.15M (high $3.16M, low $3.15M), average SG&A $25.46M (high $25.6M, low $25.33M), 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 $-10.162M (high $-10.162M, low $-10.162M), 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, missing the average prediction of $-9.059M by -219.03%. 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, beating the average prediction of $-2.111M by 266.96%. 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%