Lands’ End (LE) – Research Analysts’ Recent Ratings Updates

Lands’ End (NASDAQ: LE) recently received a number of ratings updates from brokerages and research firms:

  • 9/12/2017 – Lands’ End was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Lands’ End, Inc. operates as a multi-channel retailer. It offers men’s, women’s, and kids’ apparel, outerwear and swimwear; specialty apparel; accessories; footwear; and home products. The Company operates in two segments: Direct and Retail. It offers products through catalogs, online at www.landsend.com and affiliated specialty and international Websites, and through retail locations. Lands’ End, Inc. is based in Dodgeville, Wisconsin. “
  • 9/9/2017 – Lands’ End was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $13.00 price target on the stock. According to Zacks, “Lands’ End, Inc. operates as a multi-channel retailer. It offers men’s, women’s, and kids’ apparel, outerwear and swimwear; specialty apparel; accessories; footwear; and home products. The Company operates in two segments: Direct and Retail. It offers products through catalogs, online at www.landsend.com and affiliated specialty and international Websites, and through retail locations. Lands’ End, Inc. is based in Dodgeville, Wisconsin. “
  • 9/6/2017 – Lands’ End was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/31/2017 – Lands’ End was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 8/25/2017 – Lands’ End was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/10/2017 – Lands’ End was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 8/9/2017 – Lands’ End was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Lands’ End, Inc. operates as a multi-channel retailer. It offers men’s, women’s, and kids’ apparel, outerwear and swimwear; specialty apparel; accessories; footwear; and home products. The Company operates in two segments: Direct and Retail. It offers products through catalogs, online at www.landsend.com and affiliated specialty and international Websites, and through retail locations. Lands’ End, Inc. is based in Dodgeville, Wisconsin. “

Shares of Lands’ End, Inc. (NASDAQ:LE) opened at 11.85 on Wednesday. Lands’ End, Inc. has a 1-year low of $11.20 and a 1-year high of $24.80. The firm has a 50-day moving average price of $12.95 and a 200-day moving average price of $17.03. The stock’s market capitalization is $379.54 million.

Lands’ End (NASDAQ:LE) last announced its earnings results on Thursday, August 31st. The company reported ($0.12) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.12). The firm had revenue of $302.19 million during the quarter, compared to analysts’ expectations of $292.59 million. Lands’ End had a negative return on equity of 0.73% and a negative net margin of 8.48%. The business’s revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.06) EPS. On average, equities research analysts forecast that Lands’ End, Inc. will post $0.15 earnings per share for the current year.

In related news, major shareholder Edward S. Lampert acquired 1,221,300 shares of Lands’ End stock in a transaction on Wednesday, July 26th. The stock was purchased at an average cost of $13.35 per share, with a total value of $16,304,355.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jerome Griffith acquired 20,000 shares of Lands’ End stock in a transaction on Tuesday, September 5th. The shares were bought at an average cost of $11.47 per share, with a total value of $229,400.00. Following the completion of the purchase, the chief executive officer now owns 81,717 shares in the company, valued at $937,293.99. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 3,077,570 shares of company stock valued at $40,178,858. 0.51% of the stock is owned by company insiders.

Lands’ End, Inc (Lands’ End) is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products. The Company operates through two segments: Direct and Retail. The Company offers products through catalogs, online at www.landsend.com. The Direct segment sells products through the Company’s e-commerce Websites, international Websites and direct mail catalogs.

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