Q2 2024 Earnings Forecast for Laird Superfood, Inc. (NYSEAMERICAN:LSF) Issued By Roth Capital

Laird Superfood, Inc. (NYSEAMERICAN:LSFFree Report) – Stock analysts at Roth Capital upped their Q2 2024 earnings per share (EPS) estimates for Laird Superfood in a report released on Thursday, May 9th. Roth Capital analyst G. Kelly now expects that the company will post earnings of ($0.10) per share for the quarter, up from their prior forecast of ($0.16). Roth Capital currently has a “Buy” rating on the stock. The consensus estimate for Laird Superfood’s current full-year earnings is ($0.24) per share. Roth Capital also issued estimates for Laird Superfood’s Q4 2024 earnings at $0.04 EPS and FY2024 earnings at ($0.24) EPS.

Other equities research analysts have also issued reports about the company. Roth Mkm upgraded Laird Superfood from a “neutral” rating to a “buy” rating and upped their price target for the stock from $1.30 to $4.50 in a research note on Thursday, May 9th. Canaccord Genuity Group increased their price objective on shares of Laird Superfood from $2.50 to $3.50 and gave the stock a “buy” rating in a research report on Thursday, May 9th.

View Our Latest Research Report on Laird Superfood

Laird Superfood Price Performance

LSF opened at $2.68 on Monday. The stock has a market capitalization of $25.75 million, a price-to-earnings ratio of -3.53 and a beta of 1.96. Laird Superfood has a 12 month low of $0.65 and a 12 month high of $3.48. The business has a 50-day moving average of $0.95 and a two-hundred day moving average of $0.94.

Laird Superfood (NYSEAMERICAN:LSFGet Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.09. The business had revenue of $9.91 million for the quarter, compared to the consensus estimate of $9.30 million. Laird Superfood had a negative net margin of 19.53% and a negative return on equity of 52.42%.

Insiders Place Their Bets

In other Laird Superfood news, Director Geoffrey T. Barker acquired 50,000 shares of the company’s stock in a transaction on Friday, March 15th. The shares were bought at an average cost of $2.79 per share, for a total transaction of $139,500.00. Following the acquisition, the director now directly owns 179,057 shares of the company’s stock, valued at $499,569.03. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have bought 56,211 shares of company stock worth $153,381 in the last quarter. 12.50% of the stock is owned by corporate insiders.

About Laird Superfood

(Get Free Report)

Laird Superfood, Inc manufactures and markets plant-based natural and functional food in the United States. The company provides powdered and liquid coffee creamers, and hydration and beverage enhancing supplements; hydrate coconut water products; performance mushroom supplements; functional, organic roasted, and instant coffee, tea, hot chocolate products; harvest snacks; and other food items.

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Earnings History and Estimates for Laird Superfood (NYSEAMERICAN:LSF)

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