Limoneira Co Common Stock (LMNR)

FairStock Score: 30/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I ask whether a business has durable economics and whether the price offers a margin of safety. Limoneira is a consumer-defensive agribusiness, but farming and packing lemons and avocados is largely commodity-like, and the figures do not yet show a wide competitive moat. In fiscal 2025, the year ended 2025-10-31, revenue was $153.7M and net income was -$16.0M, or -$0.93 per diluted share. That followed fiscal 2024, the year ended 2024-10-31, with revenue of $185.9M and net income of $7.7M, or $0.40 per diluted share. So revenue fell and profits swung sharply negative. The latest filed quarters confirm stress: in fiscal Q2 2026, the quarter ended 2026-04-30, net loss was $21.4M, or -$1.20 per diluted share, and in fiscal Q3 2026, the quarter ended 2026-07-31, net loss was $3.0M, or -$0.17 per diluted share. Trailing free cash flow was -$31.0M, a FairStock-calculated FCF yield of -14.2%. Returns are negative: FairStock shows ROE of -24.75% and ROCE of -6.63%. The balance sheet has debt-to-equity of 0.68 and an Altman Z-Score of 1.00, which points to financial risk. At the 2026-10-13 close of $12.06, the FairStock P/B is 1.62 and the P/E is -5.00, so earnings give no valuation support. The 2.21% dividend yield looks fragile against losses and negative cash flow. FairStock's score is 30/100 and Lynch category is TURNAROUND, because the latest year showed a loss after earlier profits. A turnaround may work, but I see no margin of safety yet.

In plain English: Limoneira grows and sells lemons, avocados and other crops, and it also rents out some property. The business is losing money, sales have fallen, and it is burning cash, so the business looks weak right now. At the recent price, the stock does not look clearly cheap compared with its assets and current losses.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q3 2026 10-Q (period ended 2026-07-31) · fiscal Q2 2026 10-Q (period ended 2026-04-30) · fiscal Q1 2026 10-Q (period ended 2026-01-31) · fiscal Q3 2025 10-Q (period ended 2025-07-31) · FY2025 10-K (period ended 2025-10-31) · FY2024 10-K (period ended 2024-10-31) · FY2023 10-K (period ended 2023-10-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer