Lands’ End (NASDAQ:LE) Hits New 1-Year High – Here’s What Happened

Lands’ End, Inc. (NASDAQ:LE) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $18.93 and last traded at $18.6930, with a volume of 448219 shares changing hands. The stock had previously closed at $14.05.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Lands’ End in a report on Monday, December 29th. Wall Street Zen upgraded shares of Lands’ End from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 13th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Lands’ End currently has an average rating of “Hold”.

Lands’ End Stock Up 39.6%

The company has a market capitalization of $599.05 million, a price-to-earnings ratio of 52.85 and a beta of 2.25. The company has a quick ratio of 0.43, a current ratio of 1.76 and a debt-to-equity ratio of 1.26. The firm has a 50 day moving average price of $15.13 and a two-hundred day moving average price of $14.59.

Lands’ End (NASDAQ:LE) last issued its quarterly earnings results on Tuesday, December 9th. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The firm had revenue of $317.49 million during the quarter, compared to the consensus estimate of $330.93 million. Lands’ End had a return on equity of 7.32% and a net margin of 0.89%.During the same quarter in the prior year, the business posted $0.06 earnings per share. Lands’ End has set its FY 2025 guidance at 0.680-0.810 EPS and its Q4 2025 guidance at 0.710-0.840 EPS. As a group, sell-side analysts expect that Lands’ End, Inc. will post 0.41 earnings per share for the current year.

Institutional Trading of Lands’ End

Hedge funds and other institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets grew its position in shares of Lands’ End by 83.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,384 shares of the company’s stock worth $34,000 after acquiring an additional 1,081 shares in the last quarter. Quarry LP bought a new position in Lands’ End during the third quarter worth $36,000. Integrated Wealth Concepts LLC acquired a new position in Lands’ End in the first quarter worth $104,000. AlphaQuest LLC boosted its holdings in Lands’ End by 24.5% in the second quarter. AlphaQuest LLC now owns 9,785 shares of the company’s stock worth $105,000 after purchasing an additional 1,924 shares during the period. Finally, Los Angeles Capital Management LLC bought a new stake in Lands’ End during the second quarter valued at $129,000. 37.46% of the stock is 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.