Lands’ End (NASDAQ:LE) Hits New 12-Month High – Still a Buy?

Lands’ End, Inc. (NASDAQ:LE)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $18.93 and last traded at $18.6930, with a volume of 448219 shares. The stock had previously closed at $14.05.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on LE shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Lands’ End in a research note on Monday, December 29th. Wall Street Zen upgraded Lands’ End from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Lands’ End has a consensus rating of “Hold”.

Lands’ End Price Performance

The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.43 and a current ratio of 1.76. The business’s 50 day simple moving average is $15.13 and its 200-day simple moving average is $14.59. The stock has a market capitalization of $599.05 million, a price-to-earnings ratio of 52.85 and a beta of 2.25.

Lands’ End (NASDAQ:LE) last announced its quarterly earnings results on Tuesday, December 9th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04. The company had revenue of $317.49 million for the quarter, compared to analyst estimates of $330.93 million. Lands’ End had a net margin of 0.89% and a return on equity of 7.32%. During the same quarter last year, the business 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. Research analysts anticipate that Lands’ End, Inc. will post 0.41 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of LE. Arrowstreet Capital Limited Partnership lifted its holdings in Lands’ End by 76.9% in 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 last quarter. Jacobs Levy Equity Management Inc. raised its holdings in shares of Lands’ End by 147.3% in the 3rd 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 lifted its stake in Lands’ End by 686.0% during 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 last quarter. UBS Group AG boosted its holdings in Lands’ End by 197.4% during the third quarter. UBS Group AG now owns 132,610 shares of the company’s stock worth $1,870,000 after buying an additional 88,017 shares in the last quarter. Finally, Virtus Advisers LLC acquired a new position in Lands’ End in the third quarter worth approximately $1,159,000. Institutional investors own 37.46% of the company’s stock.

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.