Lands’ End (NASDAQ:LE) Stock Passes Above 50 Day Moving Average – Here’s Why

Shares of Lands’ End, Inc. (NASDAQ:LE) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $16.37 and traded as high as $16.74. Lands’ End shares last traded at $16.48, with a volume of 264,890 shares trading hands.

Analyst Ratings Changes

Several research firms have recently weighed in on LE. Wall Street Zen raised Lands’ End from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 13th. Weiss Ratings restated a “hold (c)” rating on shares of Lands’ End in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

Lands’ End Price Performance

The company has a 50-day moving average of $16.44 and a 200 day moving average of $15.60. The company has a quick ratio of 0.43, a current ratio of 1.76 and a debt-to-equity ratio of 1.26. The stock has a market capitalization of $488.49 million, a PE ratio of 43.22 and a beta of 2.31.

Lands’ End (NASDAQ:LE) last announced 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. Lands’ End had a net margin of 0.89% and a return on equity of 7.32%. The company had revenue of $317.49 million for the quarter, compared to analysts’ expectations of $330.93 million. During the same quarter in the previous year, the company posted $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. Sell-side analysts predict that Lands’ End, Inc. will post 0.41 EPS for the current year.

Institutional Trading of Lands’ End

Hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets boosted its holdings in shares of Lands’ End by 83.0% during 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 purchased a new position in Lands’ End during the third quarter worth approximately $36,000. Integrated Wealth Concepts LLC acquired a new position in Lands’ End during the first quarter worth $104,000. AlphaQuest LLC grew its holdings in Lands’ End by 24.5% in the 2nd quarter. AlphaQuest LLC now owns 9,785 shares of the company’s stock valued at $105,000 after buying an additional 1,924 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in Lands’ End in the 2nd quarter valued at $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.