Analysts Expect Lakeland Industries, Inc. (LAKE) to Announce $0.14 Earnings Per Share
Shares of Lakeland Industries, Inc. (NASDAQ:LAKE) have received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokers have set a 1 year consensus price objective of $15.00 for the company and are forecasting that the company will post $0.14 EPS for the current quarter, according to Zacks. Zacks has also assigned Lakeland Industries an industry rank of 100 out of 255 based on the ratings given to related companies.
Several research analysts have issued reports on the stock. Zacks Investment Research cut shares of Lakeland Industries from a “hold” rating to a “sell” rating in a report on Wednesday, December 12th. ValuEngine cut shares of Lakeland Industries from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd.
Shares of Lakeland Industries stock opened at $11.76 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.99 and a quick ratio of 2.88. The stock has a market capitalization of $95.49 million, a price-to-earnings ratio of 16.33 and a beta of 0.73. Lakeland Industries has a 52-week low of $9.90 and a 52-week high of $16.85.
Lakeland Industries Company Profile
Lakeland Industries, Inc manufactures and sells a range of safety garments and accessories for the industrial and public protective clothing market in the United States and internationally. It offers limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks; high-end chemical protective suits to provide protection from highly concentrated, and hazardous chemical and biological toxins; and firefighting and heat protective apparel to protect against fire, burns, and excessive heat.
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