Roth Capital Has Negative Estimate for LAKE FY2025 Earnings

Lakeland Industries, Inc. (NASDAQ:LAKE - Free Report) - Research analysts at Roth Capital cut their FY2025 earnings per share (EPS) estimates for shares of Lakeland Industries in a research note issued on Friday, April 4th. Roth Capital analyst G. Sweeney now forecasts that the medical instruments supplier will earn $0.47 per share for the year, down from their prior forecast of $0.48. The consensus estimate for Lakeland Industries' current full-year earnings is $0.48 per share. Roth Capital also issued estimates for Lakeland Industries' Q4 2025 earnings at $0.43 EPS, Q1 2026 earnings at $0.28 EPS, Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.34 EPS and Q4 2026 earnings at $0.37 EPS.

A number of other brokerages have also recently issued reports on LAKE. DA Davidson started coverage on shares of Lakeland Industries in a report on Wednesday, March 26th. They set a "buy" rating and a $28.00 target price on the stock. 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, December 17th. Finally, Lake Street Capital started coverage on Lakeland Industries in a research note on Tuesday, March 11th. They issued a "buy" rating and a $30.00 target price for the company. One research analyst has rated the stock with a sell rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $28.25.

Lakeland Industries Stock Performance

Shares of LAKE stock traded up $0.31 during trading on Monday, reaching $16.03. 130,076 shares of the company's stock traded hands, compared to its average volume of 60,407. The firm's 50-day moving average is $21.06 and its 200 day moving average is $21.85. The company has a market capitalization of $152.27 million, a P/E ratio of -178.11 and a beta of 0.86. Lakeland Industries has a 1 year low of $15.10 and a 1 year high of $27.28. The company has a current ratio of 4.23, a quick ratio of 1.77 and a debt-to-equity ratio of 0.25.

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

Lakeland Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, February 24th. Stockholders of record on Monday, February 17th were issued a $0.03 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.12 annualized dividend and a dividend yield of 0.75%. Lakeland Industries's payout ratio is currently -5.04%.

Insider Buying and Selling

In related news, Director Nikki Hamblin acquired 1,590 shares of the firm's stock in a transaction that occurred on Wednesday, January 22nd. The shares were bought at an average cost of $22.00 per share, for a total transaction of $34,980.00. Following the completion of the transaction, the director now owns 17,452 shares in the company, valued at approximately $383,944. This trade represents a 10.02 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Laurel A. Yartz bought 2,272 shares of the stock in a transaction that occurred on Wednesday, January 22nd. The stock was bought at an average cost of $22.00 per share, for a total transaction of $49,984.00. Following the completion of the purchase, the insider now directly owns 9,772 shares of the company's stock, valued at $214,984. This represents a 30.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 7,998 shares of company stock worth $177,186. Corporate insiders own 4.20% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LAKE. IFP Advisors Inc purchased a new stake in Lakeland Industries during the fourth quarter valued at about $36,000. Russell Investments Group Ltd. purchased a new position in shares of Lakeland Industries during the 4th quarter valued at about $160,000. Bank of America Corp DE lifted its position in 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 buying an additional 4,081 shares during the last quarter. Metis Global Partners LLC purchased a new stake in Lakeland Industries in the fourth quarter worth approximately $207,000. Finally, American Century Companies Inc. grew its position in Lakeland Industries by 16.3% during the fourth quarter. American Century Companies Inc. now owns 14,012 shares of the medical instruments supplier's stock valued at $358,000 after acquiring an additional 1,965 shares during the last quarter. 71.69% of the stock is currently owned by hedge funds and other institutional investors.

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.