Lifeway Foods, Inc. (NASDAQ: LWAY) has experienced a rise in its stock price by 10.47 compared to its previous closing price of 18.44. However, the company has seen a gain of 18.29% 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?
The price-to-earnings ratio for Lifeway Foods, Inc. (NASDAQ: LWAY) is 27.09x, which is above its average ratio. Moreover, the 36-month beta value for LWAY is 1.36. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LWAY is 4.45M and currently, short sellers hold a 2.99% of that float. On April 08, 2024, LWAY’s average trading volume was 72.30K shares.
LWAY’s Market Performance
LWAY stock saw an increase of 18.29% in the past week, with a monthly gain of 70.89% and a quarterly increase of 41.75%. The volatility ratio for the week is 7.80%, and the volatility levels for the last 30 days are 8.62% for Lifeway Foods, Inc. (LWAY). The simple moving average for the past 20 days is 39.18% for LWAY’s stock, with a 80.12% simple moving average for the past 200 days.
Analysts’ Opinion of LWAY
Many brokerage firms have already submitted their reports for LWAY stocks, with Lake Street repeating the rating for LWAY by listing it as a “Buy.” The predicted price for LWAY in the upcoming period, according to Lake Street is $25 based on the research report published on April 05, 2024 of the current year 2024.
Noble Capital Markets gave a rating of “Outperform” to LWAY, setting the target price at $14 in the report published on February 26th of the current year.
LWAY Trading at 57.06% 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 able to rebound, for now settling with 3.90% of gains for the given period.
Volatility was left at 8.62%, however, over the last 30 days, the volatility rate increased by 7.80%, as shares surge +75.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +54.90% upper at present.
During the last 5 trading sessions, LWAY rose by +18.29%, which changed the moving average for the period of 200-days by +174.90% in comparison to the 20-day moving average, which settled at $15.07. In addition, Lifeway Foods, Inc. saw 51.90% 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 1.8. 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
To wrap up, the performance of Lifeway Foods, Inc. (LWAY) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
