Roth Capital Has Bullish Forecast for LAKE FY2026 Earnings

Lakeland Industries, Inc. (NASDAQ:LAKE - Free Report) - Research analysts at Roth Capital upped their FY2026 earnings estimates for shares of Lakeland Industries in a research report issued on Tuesday, December 17th. Roth Capital analyst G. Sweeney now anticipates that the medical instruments supplier will post earnings of $1.66 per share for the year, up from their prior estimate of $1.56. The consensus estimate for Lakeland Industries' current full-year earnings is $0.51 per share.

A number of other research analysts also recently issued reports on the company. Roth Mkm boosted their price objective on Lakeland Industries from $27.00 to $29.00 and gave the company a "buy" rating in a research note on Tuesday. StockNews.com downgraded Lakeland Industries from a "hold" rating to a "sell" rating in a report on Tuesday, October 29th.

Lakeland Industries Trading Up 0.4 %

LAKE stock traded up $0.08 during midday trading on Friday, hitting $22.88. The stock had a trading volume of 39,116 shares, compared to its average volume of 38,942. The company has a current ratio of 4.23, a quick ratio of 2.00 and a debt-to-equity ratio of 0.25. The firm has a market cap of $169.45 million, a P/E ratio of -254.22 and a beta of 0.63. The business has a fifty day moving average price of $21.25 and a two-hundred day moving average price of $21.84. Lakeland Industries has a 1-year low of $15.10 and a 1-year high of $26.10.

Hedge Funds Weigh In On Lakeland Industries

Institutional investors and hedge funds have recently made changes to their positions in the stock. Inspire Advisors LLC bought a new stake in shares of Lakeland Industries during the second quarter valued at approximately $222,000. Total Clarity Wealth Management Inc. acquired a new stake in Lakeland Industries in the 2nd quarter valued at $597,000. Renaissance Technologies LLC increased its stake in Lakeland Industries by 2.7% during the 2nd quarter. Renaissance Technologies LLC now owns 499,202 shares of the medical instruments supplier's stock valued at $11,452,000 after purchasing an additional 13,200 shares in the last quarter. High Falls Advisors Inc raised its holdings in Lakeland Industries by 35.8% during the second quarter. High Falls Advisors Inc now owns 19,472 shares of the medical instruments supplier's stock worth $447,000 after buying an additional 5,137 shares during the last quarter. Finally, Huntington National Bank bought a new position in shares of Lakeland Industries in the third quarter valued at $41,000. Institutional investors own 71.69% of the company's stock.

Lakeland Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 15th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.52%. The ex-dividend date of this dividend was Friday, November 15th. Lakeland Industries's dividend payout ratio (DPR) is currently -133.33%.

Lakeland Industries Company Profile

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.