Roth Capital reiterated coverage on Alico with a new price target
$ALCO
Roth Capital reiterated coverage of Alico with a rating of Buy and set a new price target of $44.00 from $40.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/6/2021 | $40.00 → $44.00 | Buy | Roth Capital |
FORT MYERS, Fla., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. (NASDAQ:ALCO, ", Alico", or ", the Company", ))), an agriculture and land management company, today announced the departure of Perry G. Del Vecchio as the Company's Chief Financial Officer, effective as of August 16, 2023, and the hiring and appointment of Bradley Heine as his replacement, effective as of today, August 16, 2023. As the new Chief Financial Officer, principal financial officer, and principal accounting officer for Alico, Mr. Heine will be responsible for all corporate finance, treasury and accounting functions of the Company and will report directly to John Kiernan, the Company's President and Chief Executive O
FORT MYERS, Fla., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (NASDAQ:ALCO, ", Alico", or ", the Company", ))), an agriculture and land management company, today announced the hiring and appointment of Perry G. Del Vecchio as the Company's Chief Financial Officer, effective as of September 6, 2022. Mr. Del Vecchio will be responsible for all corporate finance, treasury and accounting functions of the Company and will report directly to John Kiernan, the Company's President and Chief Executive Officer. "We are very pleased to have Perry join Alico's senior leadership team as our CFO," said Mr. Kiernan. "Perry's background as a senior finance leader for a $6 billion division of a Fortun
Company announces it will wind down its Alico Citrus division to focus on its long-term diversified land usage and real estate development strategy Conference call and webcast to discuss announcement at 8:30 am Eastern Time today FORT MYERS, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or "the Company") (NASDAQ:ALCO), today announces a strategic transformation to become a diversified land company with each of its properties now expected to create profitable agricultural revenue opportunities that are not citrus-related until the Highest and Best Use ("HBU") for these acres can be realized. Alico owns approximately 53,371 acres of land across eight counties in Flo
FORT MYERS, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company," "we," "us" or "our") (NASDAQ:ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2024, the highlights of which are as follows: The Company reports net income attributable to Alico, Inc. common stockholders of $7.0 million and EBITDA of $29.7 million for the fiscal year ended September 30, 2024. After adjusting for certain non-recurring items, the Company reports Adjusted EBITDA of $(3.8) million for the year ended September 30, 2024.Land sales continued during the 2024 fiscal year, with the Company selling approximately 18,354 acre
FORT MYERS, Fla., Nov. 29, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the fourth quarter and full year ended September 30, 2024, on Monday, December 2, 2024 before market open. The Company will host a conference call to discuss its financial results on Monday, December 2, 2024, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-225-9448 in the United States and 1-203-518-9708 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Monday, December 2, 2024, appro
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8-K - ALICO, INC. (0000003545) (Filer)
Roth Capital reiterated coverage of Alico with a rating of Buy and set a new price target of $44.00 from $40.00 previously
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FORT MYERS, Fla., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will present at the 27th Annual ICR Conference being held on January 13-15, 2025 in Orlando, FL. The Company's presentation will begin at 8:00 am Eastern time on Wednesday, January 15, 2025. The presentation will be webcast live and can be accessed through the "News / Events" tab on the investor relations website at https://ir.alicoinc.com. The Company will also be participating in one-on-one and small group meetings. About Alico Alico, Inc. currently operates two divisions: Alico Citrus, current
Company announces it will wind down its Alico Citrus division to focus on its long-term diversified land usage and real estate development strategy Conference call and webcast to discuss announcement at 8:30 am Eastern Time today FORT MYERS, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or "the Company") (NASDAQ:ALCO), today announces a strategic transformation to become a diversified land company with each of its properties now expected to create profitable agricultural revenue opportunities that are not citrus-related until the Highest and Best Use ("HBU") for these acres can be realized. Alico owns approximately 53,371 acres of land across eight counties in Flo
FORT MYERS, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company," "we," "us" or "our") (NASDAQ:ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2024, the highlights of which are as follows: The Company reports net income attributable to Alico, Inc. common stockholders of $7.0 million and EBITDA of $29.7 million for the fiscal year ended September 30, 2024. After adjusting for certain non-recurring items, the Company reports Adjusted EBITDA of $(3.8) million for the year ended September 30, 2024.Land sales continued during the 2024 fiscal year, with the Company selling approximately 18,354 acre
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