Roth Capital Issues Pessimistic Forecast for LAKE Earnings

Lakeland Industries, Inc. (NASDAQ:LAKE - Free Report) - Research analysts at Roth Capital lowered their Q1 2026 EPS estimates for shares of Lakeland Industries in a report released on Thursday, April 10th. Roth Capital analyst G. Sweeney now expects that the medical instruments supplier will post earnings per share of $0.27 for the quarter, down from their prior forecast of $0.28. The consensus estimate for Lakeland Industries' current full-year earnings is $0.48 per share. Roth Capital also issued estimates for Lakeland Industries' Q4 2026 earnings at $0.36 EPS and FY2027 earnings at $1.69 EPS.

LAKE has been the topic of a number of other reports. Roth Mkm lifted their target price on shares of Lakeland Industries from $27.00 to $29.00 and gave the company a "buy" rating in a report on Tuesday, December 17th. Lake Street Capital assumed coverage on shares of Lakeland Industries in a research note on Tuesday, March 11th. They issued a "buy" rating and a $30.00 price objective on the stock. Finally, DA Davidson decreased their target price on shares of Lakeland Industries from $28.00 to $23.00 and set a "buy" rating for the company in a research note on Tuesday. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company's stock. According to MarketBeat.com, Lakeland Industries has an average rating of "Moderate Buy" and an average price target of $27.00.

Lakeland Industries Stock Performance

LAKE traded down $0.28 during trading on Monday, hitting $15.67. 85,809 shares of the stock were exchanged, compared to its average volume of 60,710. The company has a quick ratio of 1.77, a current ratio of 4.23 and a debt-to-equity ratio of 0.25. Lakeland Industries has a 1-year low of $15.10 and a 1-year high of $27.28. The stock has a fifty day moving average price of $20.75 and a two-hundred day moving average price of $21.79. The firm has a market capitalization of $148.85 million, a P/E ratio of -174.11 and a beta of 0.86.

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Lakeland Industries (NASDAQ:LAKE - Get Free Report) last issued its quarterly earnings data on Wednesday, April 9th. The medical instruments supplier reported ($0.54) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.97). Lakeland Industries had a positive return on equity of 1.66% and a negative net margin of 0.42%. The firm had revenue of $46.60 million for the quarter, compared to analysts' expectations of $47.10 million. During the same period in the previous year, the business posted $0.72 EPS.

Lakeland Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 24th. Shareholders of record on Monday, February 17th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.12 dividend on an annualized basis and a yield of 0.77%. Lakeland Industries's payout ratio is currently -5.04%.

Insider Transactions at Lakeland Industries

In other Lakeland Industries news, Director Nikki Hamblin acquired 1,590 shares of the company's stock in a transaction that occurred on Wednesday, January 22nd. The shares were purchased at an average price of $22.00 per share, with a total value of $34,980.00. Following the completion of the acquisition, the director now directly owns 17,452 shares of the company's stock, valued at approximately $383,944. The trade was a 10.02 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO An Hui bought 2,000 shares of Lakeland Industries stock in a transaction on Wednesday, January 22nd. The stock was acquired at an average cost of $22.00 per share, with a total value of $44,000.00. Following the acquisition, the chief operating officer now owns 53,912 shares of the company's stock, valued at $1,186,064. This trade represents a 3.85 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders bought 7,998 shares of company stock worth $177,186. Company insiders own 4.20% of the company's stock.

Hedge Funds Weigh In On Lakeland Industries

Large investors have recently made changes to their positions in the stock. IFP Advisors Inc acquired a new position in Lakeland Industries during the fourth quarter worth about $36,000. Russell Investments Group Ltd. purchased a new stake in shares of Lakeland Industries during the 4th quarter worth approximately $160,000. Bank of America Corp DE grew its holdings in shares of Lakeland Industries by 114.1% in the 4th quarter. Bank of America Corp DE now owns 7,657 shares of the medical instruments supplier's stock worth $196,000 after acquiring an additional 4,081 shares during the period. Metis Global Partners LLC purchased a new position in Lakeland Industries in the 4th quarter valued at approximately $207,000. Finally, Barclays PLC purchased a new position in Lakeland Industries in the 3rd quarter valued at approximately $306,000. Hedge funds and other institutional investors own 71.69% of the company's stock.

About Lakeland Industries

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.