Alico, Inc. (Nasdaq:ALCO) is a prominent agribusiness and land management company operating in the United States. With a focus on citrus production, the company has established itself as a leading player in the industry. In addition to its agribusiness segment, Alico, Inc. also owns an impressive 84,000 acres of land dedicated to a variety of uses, including farming, conservation, and natural resource management. With such a diverse portfolio, Alico, Inc. is well-positioned for the future.
Comps: Village Farms International, Inc. (Nasdaq:VFF), Local Bounti Corporation (NYSE:LOCL)
Against other farm products companies, Alico’s performance out measures them, particularly in key metrics such as earnings per share and net income. Additionally, the company demonstrates strong returns on equity and yield, as well as a healthier debt-to-equity ratio and higher revenue generation compared to Local Bounti Corporation. Overall, Alico’s most recent financials place it in more favorable position.