Wall Street Zen Upgrades Lands’ End (NASDAQ:LE) to “Strong-Buy”

Lands’ End (NASDAQ:LE) was upgraded by Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Lands’ End in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Lands’ End Stock Up 2.0%

LE stock opened at $15.45 on Friday. The stock has a market cap of $472.00 million, a P/E ratio of 41.76 and a beta of 2.20. The company has a current ratio of 1.76, a quick ratio of 0.43 and a debt-to-equity ratio of 1.26. The stock’s fifty day simple moving average is $15.63 and its two-hundred day simple moving average is $13.51. Lands’ End has a 1-year low of $7.65 and a 1-year high of $17.12.

Lands’ End (NASDAQ:LE) last announced its earnings results on Tuesday, December 9th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.04. The firm had revenue of $317.49 million during the quarter, compared to analyst estimates of $330.93 million. Lands’ End had a return on equity of 7.32% and a net margin of 0.89%.During the same period last year, the firm posted $0.06 EPS. Lands’ End has set its FY 2025 guidance at 0.680-0.810 EPS and its Q4 2025 guidance at 0.710-0.840 EPS. Analysts expect that Lands’ End will post 0.41 EPS for the current year.

Hedge Funds Weigh In On Lands’ End

Several large investors have recently modified their holdings of the business. Arrowstreet Capital Limited Partnership lifted its stake in shares of Lands’ End by 76.9% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 487,183 shares of the company’s stock valued at $6,869,000 after buying an additional 211,736 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its position in shares of Lands’ End by 147.3% during the third quarter. Jacobs Levy Equity Management Inc. now owns 202,024 shares of the company’s stock worth $2,849,000 after acquiring an additional 120,342 shares in the last quarter. Millennium Management LLC raised its stake in shares of Lands’ End by 686.0% during the 3rd quarter. Millennium Management LLC now owns 122,415 shares of the company’s stock valued at $1,726,000 after purchasing an additional 106,840 shares during the period. UBS Group AG lifted its holdings in Lands’ End by 197.4% during the 3rd quarter. UBS Group AG now owns 132,610 shares of the company’s stock worth $1,870,000 after purchasing an additional 88,017 shares in the last quarter. Finally, Virtus Advisers LLC purchased a new stake in Lands’ End during the 3rd quarter worth about $1,159,000. Hedge funds and other institutional investors own 37.46% of the company’s stock.

Lands’ End Company Profile

Lands’ End, Inc operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniform 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.