Local Bounti (LOCL) vs. Its Rivals Head to Head Review

Local Bounti (NYSE:LOCL) is one of 328 publicly-traded companies in the “Food Products” industry, but how does it weigh in compared to its competitors? We will compare Local Bounti to similar companies based on the strength of its analyst recommendations, risk, dividends, valuation, profitability, earnings and institutional ownership.

Risk and Volatility

Local Bounti has a beta of 2.88, suggesting that its share price is 188% more volatile than the S&P 500. Comparatively, Local Bounti’s competitors have a beta of -3.84, suggesting that their average share price is 484% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Local Bounti and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Local Bounti	1	0	0	0	1.00
Local Bounti Competitors	2459	8312	8394	405	2.34

As a group, “Food Products” companies have a potential upside of 15.25%. Given Local Bounti’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Local Bounti has less favorable growth aspects than its competitors.

Valuation & Earnings

This table compares Local Bounti and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Local Bounti	$48.37 million	-$94.38 million	-0.22
Local Bounti Competitors	$15.47 billion	$703.44 million	-2,425.85

Local Bounti’s competitors have higher revenue and earnings than Local Bounti. Local Bounti is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Local Bounti and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Local Bounti	-130.52%	N/A	-16.45%
Local Bounti Competitors	-12.75%	-117.72%	-2.03%

Insider & Institutional Ownership

28.0% of Local Bounti shares are owned by institutional investors. Comparatively, 38.8% of shares of all “Food Products” companies are owned by institutional investors. 14.2% of Local Bounti shares are owned by company insiders. Comparatively, 18.4% of shares of all “Food Products” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Local Bounti competitors beat Local Bounti on 10 of the 13 factors compared.

Local Bounti Company Profile

Local Bounti Corporation is an American controlled-environment agriculture company that grows and sells fresh leafy greens and herbs. Its products are marketed under the Local Bounti brand and supplied to grocery retailers and other food customers. The company uses indoor farming methods and its proprietary Stack & Flow Technology, which combines vertical growing with greenhouse production. Local Bounti says this approach is designed to use resources efficiently while producing crops close to the markets they serve.