Lands' End (NASDAQ:LE - Get Free Report) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating in a research note issued to investors on Monday.
Lands' End Stock Down 2.2 %
Shares of LE stock traded down $0.25 during trading hours on Monday, reaching $11.30. 101,584 shares of the company's stock were exchanged, compared to its average volume of 97,311. Lands' End has a 1 year low of $7.64 and a 1 year high of $19.88. The stock has a market cap of $349.51 million, a PE ratio of -17.12 and a beta of 2.71. The company has a current ratio of 1.74, a quick ratio of 0.45 and a debt-to-equity ratio of 1.29. The stock's fifty day moving average price is $12.83 and its two-hundred day moving average price is $14.75.
Lands' End (NASDAQ:LE - Get Free Report) last issued its quarterly earnings results on Thursday, December 5th. The company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.03. Lands' End had a positive return on equity of 1.24% and a negative net margin of 1.46%. Research analysts predict that Lands' End will post 0.41 EPS for the current year.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of LE. SG Americas Securities LLC acquired a new position in Lands' End in the third quarter valued at approximately $101,000. Empowered Funds LLC raised its stake in shares of Lands' End by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 61,562 shares of the company's stock worth $1,063,000 after buying an additional 3,082 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Lands' End by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 102,706 shares of the company's stock worth $1,774,000 after buying an additional 3,288 shares during the period. Petrus Trust Company LTA raised its stake in shares of Lands' End by 33.9% during the 3rd quarter. Petrus Trust Company LTA now owns 38,100 shares of the company's stock worth $658,000 after buying an additional 9,655 shares during the period. Finally, State Street Corp raised its stake in shares of Lands' End by 0.9% during the 3rd quarter. State Street Corp now owns 294,053 shares of the company's stock worth $5,078,000 after buying an additional 2,556 shares during the period. 37.46% of the stock is owned by institutional investors and hedge funds.
About Lands' End
(
Get Free Report)
Lands' End, Inc operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniform in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.
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