Stock analysts at Noble Financial started coverage on shares of Lands’ End (NASDAQ:LE – Get Free Report) in a research note issued to investors on Thursday, MarketBeat reports. The firm set an “outperform” rating and a $20.00 price target on the stock. Noble Financial’s price target indicates a potential upside of 65.10% from the stock’s current price.
Other equities research analysts also recently issued reports about the company. Wall Street Zen downgraded Lands’ End from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Weiss Ratings upgraded Lands’ End from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $20.00.
View Our Latest Stock Analysis on Lands’ End
Lands’ End Price Performance
Lands’ End (NASDAQ:LE – Get Free Report) last announced its quarterly earnings results on Tuesday, June 9th. The company reported ($0.11) EPS for the quarter, topping the consensus estimate of ($0.21) by $0.10. Lands’ End had a net margin of 26.24% and a return on equity of 8.22%. The business had revenue of $238.92 million for the quarter, compared to analysts’ expectations of $268.68 million. During the same quarter in the previous year, the company earned ($0.27) EPS. Lands’ End has set its FY 2026 guidance at 0.320-0.650 EPS and its Q2 2026 guidance at 0.060-0.160 EPS. As a group, equities analysts predict that Lands’ End will post 0.48 earnings per share for the current year.
Lands’ End declared that its board has approved a stock buyback plan on Wednesday, April 1st that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to reacquire up to 28.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.
Institutional Trading of Lands’ End
A number of large investors have recently made changes to their positions in LE. Bank of America Corp DE raised its position in shares of Lands’ End by 29.9% during the 1st quarter. Bank of America Corp DE now owns 532,956 shares of the company’s stock valued at $5,990,000 after buying an additional 122,650 shares in the last quarter. Sei Investments Co. purchased a new position in Lands’ End in the first quarter worth about $719,000. Empowered Funds LLC increased its stake in Lands’ End by 8.4% during the first quarter. Empowered Funds LLC now owns 123,974 shares of the company’s stock worth $1,393,000 after acquiring an additional 9,604 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Lands’ End by 1.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 478,519 shares of the company’s stock worth $5,379,000 after acquiring an additional 5,001 shares during the last quarter. Finally, State of Wyoming purchased a new stake in Lands’ End during the first quarter valued at approximately $93,000. 37.46% of the stock is currently owned by 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.
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