BidaskClub lowered shares of Lands' End (NASDAQ:LE) from a buy rating to a hold rating in a report published on Wednesday, March 14th.
Several other analysts also recently issued reports on the stock. Zacks Investment Research raised shares of Lands' End from a hold rating to a buy rating and set a $16.00 price objective for the company in a research note on Friday, December 8th. ValuEngine raised shares of Lands' End from a sell rating to a hold rating in a research note on Friday, December 1st. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has an average rating of Buy and a consensus target price of $18.00.
Shares of NASDAQ:LE traded down $0.05 during trading on Wednesday, reaching $22.20. The company’s stock had a trading volume of 236,537 shares, compared to its average volume of 354,523. The company has a current ratio of 2.37, a quick ratio of 0.69 and a debt-to-equity ratio of 1.58. Lands' End has a 12 month low of $10.55 and a 12 month high of $24.80. The company has a market cap of $714.94, a price-to-earnings ratio of 317.14, a PEG ratio of 4.84 and a beta of -0.23.
Lands' End (NASDAQ:LE) last announced its quarterly earnings results on Thursday, March 22nd. The company reported $0.38 EPS for the quarter, missing the Zacks’ consensus estimate of $0.50 by ($0.12). Lands' End had a net margin of 2.00% and a return on equity of 0.28%. The business had revenue of $510.60 million during the quarter, compared to the consensus estimate of $470.63 million. During the same period in the previous year, the business posted $0.41 EPS. The firm’s revenue was up 11.3% on a year-over-year basis.
Institutional investors have recently bought and sold shares of the company. GSA Capital Partners LLP bought a new stake in shares of Lands' End during the third quarter valued at approximately $275,000. State Street Corp raised its stake in shares of Lands' End by 3.2% during the second quarter. State Street Corp now owns 291,145 shares of the company’s stock valued at $4,333,000 after acquiring an additional 9,030 shares in the last quarter. Towerview LLC raised its stake in shares of Lands' End by 45.0% during the fourth quarter. Towerview LLC now owns 290,000 shares of the company’s stock valued at $5,670,000 after acquiring an additional 89,979 shares in the last quarter. Gabelli Funds LLC raised its stake in shares of Lands' End by 27.8% during the third quarter. Gabelli Funds LLC now owns 92,000 shares of the company’s stock valued at $1,214,000 after acquiring an additional 20,000 shares in the last quarter. Finally, California Public Employees Retirement System raised its stake in shares of Lands' End by 7.2% during the third quarter. California Public Employees Retirement System now owns 105,169 shares of the company’s stock valued at $1,388,000 after acquiring an additional 7,042 shares in the last quarter. 50.06% of the stock is owned by hedge funds and other institutional investors.
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About Lands' End
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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