Q4 EPS Estimates for Laird Superfood Lowered by Roth Capital

Laird Superfood, Inc. (NYSEAMERICAN:LSF) – Equities research analysts at Roth Capital reduced their Q4 2024 earnings estimates for Laird Superfood in a research note issued on Thursday, November 7th. Roth Capital analyst G. Kelly now expects that the company will earn ($0.02) per share for the quarter, down from their previous estimate of $0.04. The consensus estimate for Laird Superfood’s current full-year earnings is ($0.15) per share. Roth Capital also issued estimates for Laird Superfood’s Q1 2025 earnings at ($0.05) EPS, Q2 2025 earnings at ($0.03) EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at ($0.01) EPS and FY2025 earnings at ($0.08) EPS.

Separately, Roth Mkm reaffirmed a “buy” rating and set a $12.00 price target (up previously from $8.00) on shares of Laird Superfood in a research note on Thursday.

Laird Superfood Trading Up 2.1 %

NYSEAMERICAN:LSF opened at $9.16 on Monday. Laird Superfood has a fifty-two week low of $0.71 and a fifty-two week high of $9.65. The stock’s 50 day moving average is $1.09.

Institutional Investors Weigh In On Laird Superfood

Large investors have recently added to or reduced their stakes in the company. XTX Topco Ltd acquired a new position in Laird Superfood during the 2nd quarter worth $63,000. Virtu Financial LLC acquired a new position in Laird Superfood during the 1st quarter worth $61,000. Dimensional Fund Advisors LP acquired a new position in Laird Superfood during the 2nd quarter worth $155,000. Finally, Renaissance Technologies LLC grew its holdings in Laird Superfood by 86.2% during the 2nd quarter. Renaissance Technologies LLC now owns 327,600 shares of the company’s stock worth $1,841,000 after acquiring an additional 151,679 shares in the last quarter. 8.56% of the stock is owned by institutional investors and hedge funds.

About Laird Superfood

Laird Superfood, Inc manufactures and markets plant-based natural and functional food in the United States. The company provides powdered and liquid coffee creamers, and hydration and beverage enhancing supplements; hydrate coconut water products; performance mushroom supplements; functional, organic roasted, and instant coffee, tea, hot chocolate products; harvest snacks; and other food items.