Brokers Offer Predictions for Lakeland Industries, Inc.’s FY2025 Earnings (NASDAQ:LAKE)

Lakeland Industries, Inc. (NASDAQ:LAKE) – Investment analysts at Roth Capital increased their FY2025 earnings per share estimates for Lakeland Industries in a report issued on Tuesday, April 16th. Roth Capital analyst G. Sweeney now forecasts that the medical instruments supplier will earn $1.75 per share for the year, up from their previous estimate of $1.26. The consensus estimate for Lakeland Industries’ current full-year earnings is $1.26 per share. Roth Capital also issued estimates for Lakeland Industries’ FY2026 earnings at $1.97 EPS.

LAKE has been the topic of a number of other research reports. TheStreet upgraded Lakeland Industries from a “c+” rating to a “b-” rating in a report on Thursday, February 1st. StockNews.com lowered Lakeland Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd.

Lakeland Industries Price Performance

Lakeland Industries stock opened at $15.80 on Thursday. The company has a quick ratio of 2.74, a current ratio of 5.53 and a debt-to-equity ratio of 0.01. Lakeland Industries has a 12-month low of $10.60 and a 12-month high of $19.66. The stock has a market cap of $116.45 million, a price-to-earnings ratio of 22.25 and a beta of 0.47. The business’s 50-day simple moving average is $16.95 and its 200 day simple moving average is $16.42.

Lakeland Industries (NASDAQ:LAKE) last posted its quarterly earnings results on Wednesday, April 10th. The medical instruments supplier reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.08). The firm had revenue of $31.20 million during the quarter, compared to the consensus estimate of $32.50 million. Lakeland Industries had a net margin of 4.33% and a return on equity of 6.63%.

Lakeland Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Stockholders of record on Thursday, February 15th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date was Wednesday, February 14th. Lakeland Industries’s dividend payout ratio is currently 16.90%.

Institutional Investors Weigh In On Lakeland Industries

A number of hedge funds have recently modified their holdings of LAKE. Advisor Group Holdings Inc. raised its position in shares of Lakeland Industries by 37.4% during the first quarter. Advisor Group Holdings Inc. now owns 9,874 shares of the medical instruments supplier’s stock worth $190,000 after purchasing an additional 2,690 shares during the period. Bank of New York Mellon Corp raised its position in Lakeland Industries by 2.6% in the 1st quarter. Bank of New York Mellon Corp now owns 38,910 shares of the medical instruments supplier’s stock valued at $747,000 after buying an additional 969 shares during the last quarter. American Century Companies Inc. acquired a new stake in Lakeland Industries in the 1st quarter valued at approximately $233,000. Bank of Montreal Can acquired a new stake in Lakeland Industries in the 1st quarter valued at approximately $253,000. Finally, Dimensional Fund Advisors LP raised its position in Lakeland Industries by 0.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 542,606 shares of the medical instruments supplier’s stock valued at $10,413,000 after buying an additional 1,907 shares during the last quarter. Institutional investors and hedge funds own 71.69% of the company’s stock.

About Lakeland Industries

Lakeland Industries, Inc manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers firefighting and heat protective apparel to protect against fire; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks.