Lands' End (NASDAQ:LE) Stock Rating Upgraded by StockNews.com

Lands' End (NASDAQ:LE - Get Free Report) was upgraded by StockNews.com from a "buy" rating to a "strong-buy" rating in a research note issued to investors on Thursday.

Lands' End Stock Up 2.6 %

Shares of NASDAQ LE traded up $0.34 during trading on Thursday, reaching $13.38. The company had a trading volume of 79,367 shares, compared to its average volume of 120,726. Lands' End has a 12-month low of $7.64 and a 12-month high of $19.88. The company has a quick ratio of 0.45, a current ratio of 1.74 and a debt-to-equity ratio of 1.29. The business's 50-day moving average is $14.15 and its 200 day moving average is $15.39. The stock has a market cap of $413.84 million, a PE ratio of -20.27 and a beta of 2.75.

Lands' End (NASDAQ:LE - Get Free Report) last announced its quarterly earnings results on Thursday, December 5th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.03. Lands' End had a negative net margin of 1.46% and a positive return on equity of 1.24%. As a group, equities analysts forecast that Lands' End will post 0.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Lands' End

Institutional investors have recently bought and sold shares of the stock. American Century Companies Inc. increased its stake in shares of Lands' End by 111.2% in the second quarter. American Century Companies Inc. now owns 205,087 shares of the company's stock worth $2,787,000 after purchasing an additional 107,966 shares in the last quarter. AQR Capital Management LLC bought a new position in Lands' End in the 2nd quarter worth $353,000. Barclays PLC increased its stake in Lands' End by 82.3% in the 3rd quarter. Barclays PLC now owns 29,940 shares of the company's stock worth $517,000 after buying an additional 13,520 shares in the last quarter. State Street Corp raised its holdings in Lands' End by 0.9% during the third quarter. State Street Corp now owns 294,053 shares of the company's stock valued at $5,078,000 after acquiring an additional 2,556 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of Lands' End by 0.6% in the third quarter. Geode Capital Management LLC now owns 314,514 shares of the company's stock valued at $5,432,000 after acquiring an additional 1,729 shares in the last quarter. 37.46% of the stock is owned by institutional investors.

About Lands' End

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.