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NASDAQ:LAKE

Lakeland Industries (LAKE) Stock Price, News & Analysis

$21.41
-0.51 (-2.33%)
(As of 09/6/2024 ET)
Today's Range
$21.12
$21.86
50-Day Range
$21.07
$24.92
52-Week Range
$13.86
$26.10
Volume
55,388 shs
Average Volume
36,068 shs
Market Capitalization
$157.96 million
P/E Ratio
28.55
Dividend Yield
0.56%
Price Target
$26.50

Lakeland Industries MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
23.8% Upside
$26.50 Price Target
Short Interest
Healthy
1.75% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.24
Upright™ Environmental Score
News Sentiment
-0.02mentions of Lakeland Industries in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$49,998 Bought Last Quarter
Proj. Earnings Growth
27.81%
From $1.51 to $1.93 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.66 out of 5 stars

Industrial Products Sector

21st out of 165 stocks

Surgical Appliances & Supplies Industry

4th out of 18 stocks

LAKE stock logo

About Lakeland Industries Stock (NASDAQ:LAKE)

Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers firefighting and heat protective apparel to protect against fire; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks. The company provides durable woven garments, including electrostatic dissipative apparel used in electronics clean rooms; flame resistant meta aramid, para aramid, and FR cotton coveralls/pants/jackets used in petrochemical, refining operations, and electrical utilities; FR fabrics; and cotton and polycotton coveralls, lab coats, pants, and shirts. In addition, it provides high visibility clothing comprising reflective apparel, including vests, T-shirts, sweatshirts, jackets, coats, raingear, jumpsuits, hats, and gloves; and gloves and sleeves that are used in the automotive, glass, and metal fabrication industries. The company sells its products to a network of safety and industrial supply distributors through in-house sales teams, customer service group, and independent sales representatives. It serves end users, such as integrated oil, chemical/petrochemical, automobile, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high technology electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry; and federal, state, and local governmental agencies and departments. Lakeland Industries, Inc. was incorporated in 1982 and is headquartered in Huntsville, Alabama.

LAKE Stock Price History

LAKE Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Lakeland Industries earnings preview: what Wall Street is expecting
Lakeland Industries Inc (LAKE)
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
See More Headlines
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Company Calendar

Ex-Dividend for 8/22 Dividend
8/15/2024
Dividend Payable
8/22/2024
Last Earnings
9/04/2024
Today
9/07/2024
Next Earnings (Estimated)
12/04/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Surgical appliances & supplies
Sub-Industry
Medical Equipment
Current Symbol
NASDAQ:LAKE
Employees
1,750
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$26.50
High Stock Price Target
$27.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+23.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$5.43 million
Pretax Margin
7.21%

Debt

Sales & Book Value

Annual Sales
$132.30 million
Cash Flow
$1.23 per share
Book Value
$16.76 per share

Miscellaneous

Free Float
7,068,000
Market Cap
$157.96 million
Optionable
Optionable
Beta
0.57
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Key Executives

  • Mr. James M. Jenkins J.D. (Age 60)
    Acting President, CEO & Executive Chairman
    Comp: $108k
  • Mr. Roger D. Shannon C.F.A. (Age 58)
    CPA, CFO & Company Secretary
  • Ms. Hui An (Age 50)
    Chief Operating Officer
  • Mr. Joshua J. Sletten
    Vice President of Corporate Development
  • Mr. Daniel L Edwards (Age 57)
    Senior Vice President of Global Business Development

LAKE Stock Analysis - Frequently Asked Questions

How have LAKE shares performed this year?

Lakeland Industries' stock was trading at $18.54 on January 1st, 2024. Since then, LAKE shares have increased by 15.5% and is now trading at $21.41.
View the best growth stocks for 2024 here
.

How were Lakeland Industries' earnings last quarter?

Lakeland Industries, Inc. (NASDAQ:LAKE) announced its quarterly earnings data on Wednesday, September, 4th. The medical instruments supplier reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.42 by $0.61. The medical instruments supplier earned $38.51 million during the quarter, compared to analysts' expectations of $41.10 million. Lakeland Industries had a net margin of 4.34% and a trailing twelve-month return on equity of 6.84%.

What is Charles D. Roberson's approval rating as Lakeland Industries' CEO?

2 employees have rated Lakeland Industries Chief Executive Officer Charles D. Roberson on Glassdoor.com. Charles D. Roberson has an approval rating of 50% among the company's employees. This puts Charles D. Roberson in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Lakeland Industries' major shareholders?

Top institutional investors of Lakeland Industries include Dimensional Fund Advisors LP (7.77%), Renaissance Technologies LLC (6.77%), Pacific Ridge Capital Partners LLC (4.23%) and Perritt Capital Management Inc (0.68%). Insiders that own company stock include Christopher James Ryan, James M Jenkins, Allen E Dillard and An Hui.
View institutional ownership trends
.

How do I buy shares of Lakeland Industries?

Shares of LAKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Lakeland Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lakeland Industries investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Gilead Sciences (GILD), Micron Technology (MU), Block (SQ), AbbVie (ABBV) and Intel (INTC).

This page (NASDAQ:LAKE) was last updated on 9/7/2024 by MarketBeat.com Staff

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