Lands’ End, Inc. (NASDAQ:LE) Director Jignesh Patel acquired 4,000 shares of the business’s stock in a transaction dated Thursday, March 19th. The shares were bought at an average price of $6.55 per share, for a total transaction of $26,200.00. Following the acquisition, the director now owns 16,000 shares of the company’s stock, valued at $104,800. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
LE opened at $6.04 on Thursday. Lands’ End, Inc. has a 52-week low of $4.50 and a 52-week high of $19.29. The company has a quick ratio of 0.28, a current ratio of 1.92 and a debt-to-equity ratio of 1.20. The company has a market cap of $172.55 million, a P/E ratio of 10.24 and a beta of 1.20. The firm’s 50-day moving average price is $9.18 and its 200-day moving average price is $12.25.
Lands’ End (NASDAQ:LE) last posted its quarterly earnings data on Tuesday, March 17th. The company reported $0.78 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.78. Lands’ End had a net margin of 1.33% and a return on equity of 5.95%. The firm had revenue of $549.50 million for the quarter, compared to the consensus estimate of $547.93 million. During the same quarter in the prior year, the company posted $0.50 earnings per share. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year.
Several equities analysts have recently issued reports on the stock. BidaskClub downgraded shares of Lands’ End from a “sell” rating to a “strong sell” rating in a report on Saturday, February 1st. Craig Hallum downgraded shares of Lands’ End from a “buy” rating to a “hold” rating and set a $7.00 price objective on the stock. in a report on Monday, March 16th.
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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