Lands’ End (NASDAQ:LE) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Lands’ End, Inc. (NASDAQ:LE) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $15.62 and traded as high as $18.20. Lands’ End shares last traded at $17.66, with a volume of 216,957 shares changing hands.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on LE shares. Wall Street Zen upgraded shares of Lands’ End from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Lands’ End in a research note on Monday, December 29th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Lands’ End Price Performance

The company has a market cap of $539.51 million, a price-to-earnings ratio of 47.73 and a beta of 2.32. The company has a current ratio of 1.76, a quick ratio of 0.43 and a debt-to-equity ratio of 1.26. The company has a fifty day moving average price of $15.62 and a two-hundred day moving average price of $14.94.

Lands’ End (NASDAQ:LE) last posted its quarterly earnings results on Tuesday, December 9th. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. The firm had revenue of $317.49 million for the quarter, compared to the consensus estimate of $330.93 million. Lands’ End had a net margin of 0.89% and a return on equity of 7.32%. During the same quarter in the previous year, the company earned $0.06 earnings per share. Lands’ End has set its FY 2025 guidance at 0.680-0.810 EPS and its Q4 2025 guidance at 0.710-0.840 EPS. As a group, equities research analysts anticipate that Lands’ End, Inc. will post 0.41 EPS for the current fiscal year.

Institutional Investors Weigh In On Lands’ End

Several large investors have recently modified their holdings of LE. BNP Paribas Financial Markets raised its holdings in shares of Lands’ End by 83.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,384 shares of the company’s stock worth $34,000 after buying an additional 1,081 shares in the last quarter. Quarry LP bought a new stake in Lands’ End in the third quarter valued at $36,000. Integrated Wealth Concepts LLC bought a new stake in shares of Lands’ End in the 1st quarter worth about $104,000. AlphaQuest LLC lifted its holdings in Lands’ End by 24.5% during the 2nd quarter. AlphaQuest LLC now owns 9,785 shares of the company’s stock valued at $105,000 after purchasing an additional 1,924 shares during the last quarter. Finally, Los Angeles Capital Management LLC acquired a new position in Lands’ End in the second quarter valued at about $129,000. 37.46% of the stock is currently owned by institutional investors.

Lands’ End Company Profile

Lands’ End, Inc (NASDAQ: LE) is an American retailer specializing in casual apparel, accessories and home goods. Headquartered in Dodgeville, Wisconsin, the company sells its products through a combination of direct-to-consumer channels including e-commerce, catalogues and a network of outlet stores. Lands’ End is known for its nautical-inspired designs, functional outerwear and commitment to quality fabrics.

Founded in 1963 by Gary Comer as a mail-order sailing supply business, Lands’ End rapidly expanded its product offering beyond marine gear.