Lands’ End (NASDAQ:LE) Shares Pass Above 50 Day Moving Average – What’s Next?

Lands’ End, Inc. (NASDAQ:LE)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $15.26 and traded as high as $15.91. Lands’ End shares last traded at $15.78, with a volume of 101,570 shares trading hands.

Analyst Upgrades and Downgrades

LE has been the subject of a number of research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Lands’ End in a report on Monday, December 29th. Wall Street Zen raised shares of Lands’ End from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 13th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

Lands’ End Price Performance

The firm has a market cap of $462.83 million, a price-to-earnings ratio of 40.95 and a beta of 2.25. 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 moving average price is $15.20 and its 200-day moving average price is $14.52.

Lands’ End (NASDAQ:LE) last posted its earnings results on Tuesday, December 9th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.04. The company had revenue of $317.49 million during the quarter, compared to analysts’ expectations of $330.93 million. Lands’ End had a return on equity of 7.32% and a net margin of 0.89%.During the same quarter last year, the firm earned $0.06 earnings per share. 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. As a group, equities research analysts forecast that Lands’ End, Inc. will post 0.41 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Lands’ End

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Arrowstreet Capital Limited Partnership boosted its holdings in 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 acquiring an additional 211,736 shares during the period. 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 purchasing an additional 120,342 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Lands’ End by 686.0% in the third 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 grew its holdings in shares of Lands’ End by 197.4% in the third quarter. UBS Group AG now owns 132,610 shares of the company’s stock valued at $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 approximately $1,159,000. 37.46% of the stock is owned by hedge funds and other institutional investors.

About Lands’ End

Lands’ End, Inc (NASDAQ: LE) is an American retailer specializing in casual apparel, accessories and home goods. Headquartered in Dodgeville, Wisconsin, the company sells its products through a combination of direct-to-consumer channels including e-commerce, catalogues and a network of outlet stores. Lands’ End is known for its nautical-inspired designs, functional outerwear and commitment to quality fabrics.

Founded in 1963 by Gary Comer as a mail-order sailing supply business, Lands’ End rapidly expanded its product offering beyond marine gear.