Lifeway Foods, Inc. (NASDAQ: LWAY)’s stock price has gone decline by -10.92 in comparison to its previous close of 19.33, however, the company has experienced a 16.67% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-28 that The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find. You can buy DCI, ATR, LWAY, HWKN and STNG.
Is It Worth Investing in Lifeway Foods, Inc. (NASDAQ: LWAY) Right Now?
Lifeway Foods, Inc. (NASDAQ: LWAY) has a higher price-to-earnings ratio of 22.90x compared to its average ratio, The 36-month beta value for LWAY is at 1.35. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for LWAY is 4.43M, and currently, shorts hold a 3.01% of that float. The average trading volume for LWAY on April 01, 2024 was 64.79K shares.
LWAY’s Market Performance
The stock of Lifeway Foods, Inc. (LWAY) has seen a 16.67% increase in the past week, with a 46.93% rise in the past month, and a 25.79% gain in the past quarter. The volatility ratio for the week is 11.61%, and the volatility levels for the past 30 days are at 7.72% for LWAY. The simple moving average for the past 20 days is 31.75% for LWAY’s stock, with a 56.24% simple moving average for the past 200 days.
Analysts’ Opinion of LWAY
Noble Capital Markets, on the other hand, stated in their research note that they expect to see LWAY reach a price target of $14. The rating they have provided for LWAY stocks is “Outperform” according to the report published on February 26th, 2024.
LWAY Trading at 37.71% from the 50-Day Moving Average
After a stumble in the market that brought LWAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.17% of loss for the given period.
Volatility was left at 7.72%, however, over the last 30 days, the volatility rate increased by 11.61%, as shares surge +42.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.96% upper at present.
During the last 5 trading sessions, LWAY rose by +16.67%, which changed the moving average for the period of 200-days by +149.57% in comparison to the 20-day moving average, which settled at $13.33. In addition, Lifeway Foods, Inc. saw 28.41% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LWAY starting from SIKAR POL, who sale 10,000 shares at the price of $17.19 back on Mar 28 ’24. After this action, SIKAR POL now owns 23,707 shares of Lifeway Foods, Inc., valued at $171,900 using the latest closing price.
Hanson Eric A, the CFO of Lifeway Foods, Inc., sale 20,000 shares at $19.15 during a trade that took place back on Mar 27 ’24, which means that Hanson Eric A is holding 32,297 shares at $383,000 based on the most recent closing price.
Stock Fundamentals for LWAY
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.26 for the gross margin
The net margin for Lifeway Foods, Inc. stands at 0.07. The total capital return value is set at 0.26. Equity return is now at value 21.05, with 14.91 for asset returns.
Based on Lifeway Foods, Inc. (LWAY), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 6.04. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is 44.26.
Currently, EBITDA for the company is 20.16 million with net debt to EBITDA at -0.51. When we switch over and look at the enterprise to sales, we see a ratio of 1.52. The receivables turnover for the company is 11.54for trailing twelve months and the total asset turnover is 1.94. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.30.
Conclusion
In conclusion, Lifeway Foods, Inc. (LWAY) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
