Lands’ End, Inc. (NASDAQ:LE – Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $11.60 and traded as high as $11.90. Lands’ End shares last traded at $11.75, with a volume of 249,128 shares trading hands.
Analyst Ratings Changes
A number of brokerages have commented on LE. Noble Financial began coverage on shares of Lands’ End in a report on Thursday, June 18th. They issued an “outperform” rating and a $20.00 price objective on the stock. Wall Street Zen downgraded Lands’ End from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Finally, Weiss Ratings raised Lands’ End from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Lands’ End presently has an average rating of “Moderate Buy” and a consensus target price of $20.00.
Read Our Latest Research Report on LE
Lands’ End Trading Up 1.0%
Lands’ End (NASDAQ:LE – Get Free Report) last posted its quarterly earnings data on Tuesday, June 9th. The company reported ($0.11) EPS for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.10. The firm had revenue of $238.92 million for the quarter, compared to the consensus estimate of $268.68 million. Lands’ End had a net margin of 26.24% and a return on equity of 8.22%. During the same period in the prior year, the firm posted ($0.27) EPS. Lands’ End has set its FY 2026 guidance at 0.320-0.650 EPS and its Q2 2026 guidance at 0.060-0.160 EPS. As a group, analysts forecast that Lands’ End, Inc. will post 0.49 earnings per share for the current fiscal year.
Lands’ End announced that its Board of Directors has initiated a stock buyback plan on Wednesday, April 1st that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to buy up to 28.9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.
Hedge Funds Weigh In On Lands’ End
Several large investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its holdings in shares of Lands’ End by 83.0% during the third quarter. BNP Paribas Financial Markets now owns 2,384 shares of the company’s stock worth $34,000 after purchasing an additional 1,081 shares during the period. Quarry LP bought a new position in shares of Lands’ End during the third quarter valued at approximately $36,000. State of Wyoming bought a new stake in shares of Lands’ End in the 1st quarter worth approximately $93,000. Los Angeles Capital Management LLC bought a new stake in shares of Lands’ End in the 4th quarter worth approximately $137,000. Finally, Integrated Wealth Concepts LLC acquired a new position in Lands’ End during the 1st quarter valued at approximately $104,000. 37.46% of the stock is currently owned by institutional investors.
About Lands’ End
Lands’ End, Inc (NASDAQ: LE) is an American retailer specializing in casual apparel, accessories and home goods. Headquartered in Dodgeville, Wisconsin, the company sells its products through a combination of direct-to-consumer channels including e-commerce, catalogues and a network of outlet stores. Lands’ End is known for its nautical-inspired designs, functional outerwear and commitment to quality fabrics.
Founded in 1963 by Gary Comer as a mail-order sailing supply business, Lands’ End rapidly expanded its product offering beyond marine gear.
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