Lands’ End (NASDAQ:LE) Upgraded at BidaskClub

BidaskClub upgraded shares of Lands’ End (NASDAQ:LE) from a sell rating to a hold rating in a research note released on Wednesday, BidAskClub reports.

Other research analysts have also recently issued reports about the stock. TheStreet cut shares of Lands’ End from a c- rating to a d+ rating in a report on Monday, August 19th. Craig Hallum raised shares of Lands’ End from a hold rating to a buy rating in a report on Tuesday, June 4th.

NASDAQ LE opened at $12.09 on Wednesday. The stock has a market capitalization of $426.64 million, a P/E ratio of 43.93 and a beta of 1.11. Lands’ End has a 52-week low of $7.15 and a 52-week high of $22.50. The firm has a 50-day moving average price of $9.93 and a 200 day moving average price of $13.48. The company has a quick ratio of 0.45, a current ratio of 1.68 and a debt-to-equity ratio of 1.30.



Lands’ End (NASDAQ:LE) last posted its quarterly earnings results on Thursday, September 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.20) by $0.11. The firm had revenue of $298.30 million during the quarter, compared to analysts’ expectations of $289.54 million. Lands’ End had a net margin of 0.69% and a return on equity of 3.09%. The firm’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the prior year, the company posted ($0.16) earnings per share. On average, equities research analysts expect that Lands’ End will post 0.44 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the business. Gabelli Funds LLC grew its position in Lands’ End by 10.4% during the second quarter. Gabelli Funds LLC now owns 106,000 shares of the company’s stock worth $1,295,000 after buying an additional 10,000 shares during the period. Aperio Group LLC acquired a new position in Lands’ End during the second quarter worth about $85,000. Dupont Capital Management Corp grew its position in Lands’ End by 40.6% during the second quarter. Dupont Capital Management Corp now owns 29,552 shares of the company’s stock worth $361,000 after buying an additional 8,531 shares during the period. Gamco Investors INC. ET AL grew its position in Lands’ End by 13.9% during the second quarter. Gamco Investors INC. ET AL now owns 115,000 shares of the company’s stock worth $1,405,000 after buying an additional 14,000 shares during the period. Finally, Alambic Investment Management L.P. acquired a new position in Lands’ End during the first quarter worth about $251,000. Institutional investors own 50.99% of the company’s stock.

Lands’ End Company Profile

Lands' End, Inc operates as a multi-channel retailer in the United States, the United Kingdom, Germany, and Japan. The company operates through U.S. eCommerce, Outfitters, Europe eCommerce, Japan eCommerce, and Retail segments. It offers casual clothing, accessories, footwear, and home products.

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