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Lancaster Colony Corp Stock Research

LANC

200.28USD-7.54(-3.63%)Market Closed

Market Summary

USD200.28-7.54
Market Closed
-3.63%

LANC Stock Price

LANC RSI Chart

LANC Valuation

Market Cap

5.5B

Price/Earnings (Trailing)

54.07

Price/Sales (Trailing)

3.14

EV/EBITDA

31.31

Price/Free Cashflow

70.33

LANC Price/Sales (Trailing)

LANC Profitability

EBT Margin

7.24%

Return on Equity

11.61%

Return on Assets

8.98%

Free Cashflow Yield

1.42%

LANC Fundamentals

LANC Revenue

Revenue (TTM)

1.8B

Revenue Y/Y

11.43%

Revenue Q/Q

12.19%

LANC Earnings

Earnings (TTM)

102.1M

Earnings Y/Y

16.3%

Earnings Q/Q

6.33%

Price Action

52 Week Range

116.85214.00
(Low)(High)

Last 7 days

-0.2%

Last 30 days

4.1%

Last 90 days

-1.0%

Trailing 12 Months

31.3%

LANC Financial Health

Current Ratio

2.07

LANC Investor Care

Dividend Yield

1.63%

Dividend/Share (TTM)

3.27

Shares Dilution (1Y)

0.47%

Diluted EPS (TTM)

3.69

Peers (Alternatives to Lancaster Colony)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
94.4B
31.5B
5.51% 14.45%
34.76
3
9.67% -36.81%
47.8B
19.4B
5.26% 28.68%
16.42
2.47
4.08% 30.06%
47.3B
26.5B
-2.55% 1.31%
20.01
1.79
1.70% 133.50%
16.7B
8.3B
5.17% 19.43%
23.42
2
5.62% 23.40%
14.6B
4.5B
1.70% 79.41%
30.92
3.25
15.82% 144.25%
MID-CAP
5.5B
1.8B
4.08% 31.31%
54.07
3.14
12.51% -18.72%
5.3B
17.5B
-10.03% -6.91%
7.05
0.3
18.21% 2306.23%
2.8B
3.5B
1.35% 58.42%
-18.98
0.8
17.25% -1070.40%
SMALL-CAP
1.0B
418.9M
-15.70% -67.27%
-2.77
2.42
-9.85% -101.06%
124.4M
263.4M
9.04% 29.23%
2.72
0.47
5.45% 786.05%
96.8M
136.7M
8.41% -12.10%
842.11
0.71
20.26% -96.88%
35.0M
-
-13.55% -47.56%
-3.5
0.72
513.44% -38.56%
32.6M
33.1M
4.60% -30.91%
-9.04
0.98
2.77% -346.02%
4.6M
39.0M
-22.81% 65.63%
-0.4
0.12
30.61% -109.87%

Financials for Lancaster Colony

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.9%1,7591,7101,6761,6101,563
Gross Profit1.5%368362356354376
  S&GA Expenses-0.4%209210212214212
EBITDA4.0%173167158166210
EBITDA Margin1.1%0.10*0.10*0.09*0.10*0.13*
Earnings Before Taxes5.3%127121112119164
EBT Margin2.4%0.07*0.07*0.07*0.07*0.11*
Net Income5.8%10297.0090.0092.00126
Net Income Margin2.9%0.06*0.06*0.05*0.06*0.08*
Free Cahsflow185.3%79.0028.00-30.16-43.010.00
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.5%1,1371,1311,0901,1041,120
  Current Assets-1.1%374378352362389
    Cash Equivalents48.7%95.0064.0060.0067.00114
  Inventory-16.0%139166145166155
  Net PPE2.8%481468451438422
  Goodwill0%208208208208208
  Current Liabilities-5.6%180191166179173
Shareholder's Equity2.0%880862845839865
  Retained Earnings1.1%1,5171,5011,4851,4781,505
Accumulated Depreciation2.5%353344334337331
Shares Outstanding0.1%28.0028.0028.0028.0027.00
Float-3,192----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations30.2%20015410294.00125
  Share Based Compensation2.2%10.0010.0010.009.008.00
Cashflow From Investing3.4%-121-125-132-137-125
Cashflow From Financing-3.5%-97.39-94.09-97.34-100-102
  Dividend Payments1.6%90.0088.0087.0085.0084.00
  Buy Backs5.0%2.002.008.0011.0014.00

Risks for LANC

What is the probability of a big loss on LANC?

60%


Probability that Lancaster Colony stock will be more than 20% underwater in next one year

9.2%


Probability that Lancaster Colony stock will be more than 30% underwater in next one year.

0%


Probability that Lancaster Colony stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LANC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Lancaster Colony was unfortunately bought at previous high price.

Drawdowns

Returns for LANC

Cumulative Returns on LANC

12.4%


10-Year Cumulative Returns

10.6%


7-Year Cumulative Returns

12.2%


5-Year Cumulative Returns

16.0%


3-Year Cumulative Returns

What are the long-term rolling returns for LANC?

FIve years rolling returns for Lancaster Colony.

Annualized Returns

Which funds bought or sold LANC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
reduced
-1.06
1,012,640
4,399,200
0.04%
2023-03-17
American Portfolios Advisors
unchanged
-
86.00
601
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-21.58
1,795,980
62,465,000
0.07%
2023-03-06
Rockefeller Capital Management L.P.
unchanged
-
31,000
129,000
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
349,347
1,465,350
-%
2023-02-24
SRS Capital Advisors, Inc.
added
6.03
48,355
173,355
0.02%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-11.33
333,000
2,360,000
0.03%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
new
-
2,762
2,762
-%
2023-02-21
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC
reduced
-35.85
-67,757
362,243
0.01%
2023-02-21
KB FINANCIAL PARTNERS, LLC
reduced
-27.27
-
3,000
-%

1–10 of 48

Latest Funds Activity

Are funds buying LANC calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own LANC
No. of Funds

Lancaster Colony News

Simply Wall St

Lamb Weston Holdings' (NYSE:LW) Upcoming Dividend Will Be Larger Than Last Year's.

Simply Wall St,
113 minutes ago

Seeking Alpha

Yahoo Finance

PR Newswire

Schedule 13G FIlings of Lancaster Colony

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
7.69%
2,117,894
SC 13G/A
Feb 09, 2023
gerlach john b jr
5.2%
1,438,185
SC 13G/A
Feb 08, 2023
state street corp
6.31%
1,739,306
SC 13G/A
Jan 25, 2023
blackrock inc.
8.8%
2,411,196
SC 13G/A
Feb 11, 2022
state street corp
5.70%
1,569,163
SC 13G/A
Feb 11, 2022
gerlach john b jr
5.4%
1,473,463
SC 13G/A
Feb 10, 2022
vanguard group inc
7.40%
2,038,561
SC 13G/A
Feb 01, 2022
blackrock inc.
8.0%
2,215,035
SC 13G/A
Feb 16, 2021
state street corp
4.11%
1,130,997
SC 13G/A
Feb 11, 2021
gerlach john b jr
5.4%
1,492,937
SC 13G/A

LANC Fair Value

Lancaster Colony fair value in different scenarios

The table shows the Fair Value estimates for Lancaster Colony for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

70.57

-64.76%

96.60

-51.77%

125.88

-37.15%

166.91

-16.66%

213.06

6.38%
Current Inflation

64.91

-67.59%

87.09

-56.52%

111.47

-44.34%

145.79

-27.21%

184.34

-7.96%
Very High Inflation

57.88

-71.10%

75.62

-62.24%

94.52

-52.81%

121.33

-39.42%

151.43

-24.39%

Historical Lancaster Colony Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Lancaster Colony

View All Filings
Date Filed Form Type Document
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 08, 2023
SC 13G/A
Major Ownership Report
Feb 03, 2023
8-K
Current Report
Feb 02, 2023
8-K
Current Report

Latest Insider Trading transactions for LANC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-25
Ciesinski David Alan
sold (taxes)
-278,817
192
-1,449
president and ceo
2023-02-25
Nagle David S.
sold (taxes)
-43,486
192
-226
chief supply chn off-tmarzetti
2023-02-25
Stealey Carl R.
sold (taxes)
-43,486
192
-226
president-t marzetti retail
2023-02-25
Thomas K. Pigott
sold (taxes)
-60,997
192
-317
vp, cfo and asst. secretary
2023-02-25
Bird Kristin
sold (taxes)
-43,871
192
-228
president-foodservice division
2022-12-14
Bird Kristin
sold
-305,051
198
-1,535
president-foodservice division
2022-12-12
Stealey Carl R.
back to issuer
-1,666,710
201
-8,267
president-t marzetti retail
2022-12-12
Stealey Carl R.
sold
-118,723
200
-591
president-t marzetti retail
2022-12-12
Stealey Carl R.
sold (taxes)
-129,837
201
-644
president-t marzetti retail
2022-12-12
Stealey Carl R.
acquired
1,666,480
159
10,426
president-t marzetti retail

1–10 of 50

David A. Ciesinski
3200
Lancaster Colony Corporation manufactures and markets food products for the retail and foodservice markets in the United States. The company operates in two segments, Retail and Foodservice. It offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Cardini's, and Girard's; flatbread wraps and pizza crusts under the Flatout brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti; frozen pasta under the Marzetti Frozen Pasta brand; and vegetable and fruit dips under the Marzetti brand. In addition, it manufactures and sells other products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.

LANC Income Statement

2022-12-31
Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]    
Net Sales$ 477,394$ 428,427$ 902,931$ 820,483
Cost of Sales375,292331,825701,774631,514
Gross Profit102,10296,602201,157188,969
Selling, General and Administrative Expenses50,77551,538100,532103,394
Change in Contingent Consideration0(2,170)0(2,170)
Restructuring and Impairment Charges01,92801,928
Operating Income51,32745,306100,62585,817
Other, Net478111208131
Income Before Income Taxes51,80545,417100,83385,948
Taxes Based on Income11,83211,04723,26820,923
Net Income$ 39,973$ 34,370$ 77,565$ 65,025
Net Income Per Common Share:    
Basic (in dollars per share)$ 1.45$ 1.25$ 2.82$ 2.36
Diluted (in dollars per share)$ 1.45$ 1.25$ 2.81$ 2.36
Weighted Average Common Shares Outstanding:    
Basic (in shares)27,47127,44327,46027,451
Diluted (in shares)27,49327,46427,47627,490

LANC Balance Sheet

2022-12-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Jun. 30, 2022
Current Assets:  
Cash and equivalents$ 95,487$ 60,283
Receivables126,919135,496
Inventories:  
Raw materials57,79556,460
Finished goods81,61888,242
Total inventories139,413144,702
Other current assets11,81711,300
Total current assets373,636351,781
Property, Plant and Equipment:  
Property, plant and equipment-gross833,871785,629
Less accumulated depreciation352,797334,261
Property, plant and equipment-net481,074451,368
Other Assets:  
Goodwill208,371208,371
Other intangible assets-net31,06632,323
Operating lease right-of-use assets25,28328,177
Other noncurrent assets17,74118,354
Total1,137,1711,090,374
Current Liabilities:  
Accounts payable131,688114,972
Accrued liabilities48,48350,613
Total current liabilities180,171165,585
Noncurrent Operating Lease Liabilities17,62820,494
Other Noncurrent Liabilities19,47120,719
Deferred Income Taxes40,35138,889
Commitments and Contingencies
Shareholders' Equity:  
Preferred stock-authorized 3,050,000 shares; outstanding-none
Common stock-authorized 75,000,000 shares; outstanding-December-27,571,087 shares; June-27,520,237 shares140,660137,814
Retained earnings1,517,0811,485,045
Accumulated other comprehensive loss(10,982)(11,172)
Common stock in treasury, at cost(767,209)(767,000)
Total shareholders' equity879,550844,687
Total$ 1,137,171$ 1,090,374