Lands’ End (NASDAQ:LE) Trading Down 8.2% – Here’s Why

Lands’ End, Inc. (NASDAQ:LE) shares dropped 8.2% during trading on Monday . The company traded as low as $17.40 and last traded at $17.3740. Approximately 72,727 shares traded hands during trading, a decline of 72% from the average daily volume of 255,765 shares. The stock had previously closed at $18.92.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Lands’ End in a research 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 research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Lands’ End Stock Performance

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 company’s 50-day moving average price is $16.26 and its two-hundred day moving average price is $15.48. The company has a market cap of $491.86 million, a P/E ratio of 43.51 and a beta of 2.32.

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

Institutional Investors Weigh In On Lands’ End

Institutional investors and hedge funds have recently modified their holdings of the stock. SummerHaven Investment Management LLC acquired a new stake in Lands’ End during the 3rd quarter worth about $1,053,000. Towerview LLC increased its position in shares of Lands’ End by 13.7% in the second quarter. Towerview LLC now owns 477,500 shares of the company’s stock worth $5,114,000 after acquiring an additional 57,500 shares in the last quarter. Campbell & CO Investment Adviser LLC raised its holdings in shares of Lands’ End by 43.7% during the second quarter. Campbell & CO Investment Adviser LLC now owns 70,317 shares of the company’s stock valued at $753,000 after acquiring an additional 21,393 shares during the period. Los Angeles Capital Management LLC purchased a new stake in shares of Lands’ End in the 2nd quarter valued at approximately $129,000. Finally, Levin Capital Strategies L.P. purchased a new stake in shares of Lands’ End in the 3rd quarter valued at approximately $261,000. 37.46% of the stock is owned by institutional investors and hedge funds.

Lands’ End Company Profile

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.