Lands’ End (NASDAQ:LE) Shares Down 6.7% – Should You Sell?

Lands’ End, Inc. (NASDAQ:LE)’s share price dropped 6.7% during trading on Wednesday . The company traded as low as $17.93 and last traded at $17.8750. Approximately 206,417 shares were traded during trading, a decline of 31% from the average daily volume of 298,549 shares. The stock had previously closed at $19.15.

Wall Street Analysts Forecast Growth

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

Lands’ End Stock Down 8.3%

The firm’s 50-day simple moving average is $15.27 and its 200-day simple moving average is $14.70. The company has a market capitalization of $536.46 million, a price-to-earnings ratio of 47.46 and a beta of 2.25. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.43 and a current ratio of 1.76.

Lands’ End (NASDAQ:LE) last released its earnings results on Tuesday, December 9th. The company reported $0.21 earnings per share 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 return on equity of 7.32% and a net margin of 0.89%.During the same period 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. Sell-side analysts forecast that Lands’ End, Inc. will post 0.41 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets grew its holdings in shares of Lands’ End by 83.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,384 shares of the company’s stock worth $34,000 after purchasing an additional 1,081 shares during the last quarter. Quarry LP acquired a new stake in shares of Lands’ End during the third quarter worth approximately $36,000. Integrated Wealth Concepts LLC bought a new position in shares of Lands’ End in the first quarter valued at approximately $104,000. AlphaQuest LLC raised its stake in shares of Lands’ End by 24.5% in the second quarter. AlphaQuest LLC now owns 9,785 shares of the company’s stock valued at $105,000 after acquiring an additional 1,924 shares during the last quarter. Finally, Los Angeles Capital Management LLC acquired a new position in shares of Lands’ End in the 2nd quarter worth approximately $129,000. Institutional investors and hedge funds own 37.46% of the company’s stock.

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.