Lands’ End (NASDAQ:LE) Reaches New 52-Week High at $16.21

Lands’ End, Inc. (NASDAQ:LE) hit a new 52-week high on Friday . The stock traded as high as $16.21 and last traded at $16.09, with a volume of 31636 shares traded. The stock had previously closed at $15.73.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on LE shares. Craig Hallum increased their target price on Lands’ End from $15.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, May 16th. StockNews.com lowered Lands’ End from a “buy” rating to a “hold” rating in a research report on Thursday, June 13th.

Lands’ End Price Performance

The company has a market capitalization of $505.39 million, a price-to-earnings ratio of -3.71 and a beta of 2.84. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.85 and a quick ratio of 0.53. The business has a fifty day moving average price of $13.97 and a 200 day moving average price of $11.42.

Lands’ End (NASDAQ:LE) last issued its quarterly earnings results on Wednesday, June 5th. The company reported ($0.20) EPS for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.07. The company had revenue of $285.47 million for the quarter, compared to analyst estimates of $271.60 million. Lands’ End had a negative return on equity of 3.57% and a negative net margin of 9.35%. On average, research analysts expect that Lands’ End, Inc. will post 0.3 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Lands’ End

Institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC raised its stake in shares of Lands’ End by 334.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,081 shares of the company’s stock valued at $49,000 after acquiring an additional 3,912 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of Lands’ End by 65.0% in the 1st quarter. BNP Paribas Financial Markets now owns 6,999 shares of the company’s stock valued at $76,000 after acquiring an additional 2,757 shares in the last quarter. Jump Financial LLC bought a new position in shares of Lands’ End in the 4th quarter valued at approximately $115,000. O Shaughnessy Asset Management LLC increased its position in Lands’ End by 41.6% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 14,962 shares of the company’s stock worth $163,000 after buying an additional 4,392 shares during the period. Finally, Quadrature Capital Ltd bought a new position in Lands’ End in the 4th quarter worth approximately $175,000. 37.46% of the stock is currently owned by institutional investors and hedge funds.

Lands’ End Company Profile

Lands' End, Inc operates as a digital retailer of casual clothing, swimwear, outerwear, accessories, footwear, and home products in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.