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NASDAQ:LAKE

Lakeland Industries (LAKE) Stock Price, News & Analysis

Lakeland Industries logo
$21.61 -0.38 (-1.73%)
(As of 11/22/2024 ET)

About Lakeland Industries Stock (NASDAQ:LAKE)

Key Stats

Today's Range
$21.50
$22.19
50-Day Range
$18.59
$21.99
52-Week Range
$14.02
$26.10
Volume
23,200 shs
Average Volume
43,546 shs
Market Capitalization
$159.91 million
P/E Ratio
90.04
Dividend Yield
0.56%
Price Target
$26.50
Consensus Rating
Buy

Company Overview

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.

Lakeland Industries Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
79th Percentile Overall Score

LAKE MarketRank™: 

Lakeland Industries scored higher than 79% of companies evaluated by MarketBeat, and ranked 53rd out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Lakeland Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Lakeland Industries has received no research coverage in the past 90 days.

  • Read more about Lakeland Industries' stock forecast and price target.
  • Earnings Growth

    Earnings for Lakeland Industries are expected to grow by 77.08% in the coming year, from $0.96 to $1.70 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Lakeland Industries is 90.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.49.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Lakeland Industries is 90.04, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 23.02.

  • Price to Book Value per Share Ratio

    Lakeland Industries has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Lakeland Industries' valuation and earnings.
  • Percentage of Shares Shorted

    2.11% of the float of Lakeland Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    Lakeland Industries has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Lakeland Industries has recently increased by 76.77%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Lakeland Industries has a dividend yield of 0.55%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Lakeland Industries does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Lakeland Industries is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Lakeland Industries will have a dividend payout ratio of 7.06% next year. This indicates that Lakeland Industries will be able to sustain or increase its dividend.

  • Read more about Lakeland Industries' dividend.
  • Percentage of Shares Shorted

    2.11% of the float of Lakeland Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    Lakeland Industries has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Lakeland Industries has recently increased by 76.77%, indicating that investor sentiment is decreasing significantly.
    • Insider Buying vs. Insider Selling

      In the past three months, Lakeland Industries insiders have not sold or bought any company stock.

    • Percentage Held by Insiders

      Only 4.20% of the stock of Lakeland Industries is held by insiders.

    • Percentage Held by Institutions

      71.69% of the stock of Lakeland Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

    • Read more about Lakeland Industries' insider trading history.
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    LAKE Stock News Headlines

    Lakeland Industries Adjusts Executive Employment Strategy
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    LAKE Stock Analysis - Frequently Asked Questions

    Lakeland Industries' stock was trading at $18.54 on January 1st, 2024. Since then, LAKE stock has increased by 16.6% and is now trading at $21.61.
    View the best growth stocks for 2024 here
    .

    Lakeland Industries, Inc. (NASDAQ:LAKE) posted its earnings results on Wednesday, September, 4th. The medical instruments supplier reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by $0.61. The medical instruments supplier had revenue of $38.51 million for the quarter, compared to analyst estimates of $41.10 million. Lakeland Industries had a net margin of 1.38% and a trailing twelve-month return on equity of 3.70%.

    Lakeland Industries' top institutional shareholders include Royce & Associates LP (9.87%), Geode Capital Management LLC (1.00%), Captrust Financial Advisors (0.66%) and High Falls Advisors Inc (0.38%). Insiders that own company stock include Christopher James Ryan, James M Jenkins, Allen E Dillard and An Hui.
    View institutional ownership trends
    .

    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.

    Based on aggregate information from My MarketBeat watchlists, some other companies that Lakeland Industries investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY) and Southern First Bancshares (SFST).

    Company Calendar

    Last Earnings
    9/04/2024
    Ex-Dividend for 11/22 Dividend
    11/15/2024
    Dividend Payable
    11/22/2024
    Today
    11/23/2024
    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
    +22.6%
    Consensus Rating
    Buy
    Rating Score (0-4)
    3.00
    Research Coverage
    2 Analysts

    Profitability

    Net Income
    $5.43 million
    Pretax Margin
    2.96%

    Debt

    Sales & Book Value

    Annual Sales
    $124.69 million
    Cash Flow
    $1.37 per share
    Book Value
    $16.76 per share

    Miscellaneous

    Free Float
    7,086,000
    Market Cap
    $159.91 million
    Optionable
    Optionable
    Beta
    0.57

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    This page (NASDAQ:LAKE) was last updated on 11/24/2024 by MarketBeat.com Staff
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