Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Lands’ End (LE) Share Price
Media headlines about Lands’ End (NASDAQ:LE) have trended somewhat positive on Thursday, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Lands’ End earned a coverage optimism score of 0.05 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.9116912698879 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Lands’ End, Inc. (LE) Announces Earnings Results (americanbankingnews.com)
- Lands’ End, Inc. breached its 50 day moving average in a Bullish Manner : LE-US : August 30, 2017 (finance.yahoo.com)
- Lands’ End : partners with Freedom Service Dogs of America (4-traders.com)
- Lands’ End, Inc. (LE) Cut to Strong Sell at BidaskClub (americanbankingnews.com)
- Lands’ End Partners With Freedom Service Dogs Of America To Celebrate National Dog Day With Donation Campaign (finance.yahoo.com)
Lands’ End (NASDAQ LE) traded down 12.27% during mid-day trading on Thursday, reaching $12.15. 1,321,038 shares of the company’s stock traded hands. Lands’ End has a 52 week low of $11.75 and a 52 week high of $24.80. The stock’s 50 day moving average is $13.39 and its 200-day moving average is $17.45. The stock’s market capitalization is $389.15 million.
Lands’ End (NASDAQ:LE) last released its quarterly earnings data on Thursday, August 31st. The company reported ($0.12) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.12). Lands’ End had a negative net margin of 8.41% and a negative return on equity of 0.07%. The company had revenue of $302.19 million for the quarter, compared to analysts’ expectations of $292.59 million. During the same quarter last year, the company earned ($0.06) earnings per share. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. On average, equities analysts anticipate that Lands’ End will post $0.19 EPS for the current year.
Several research firms have weighed in on LE. TheStreet downgraded shares of Lands’ End from a “c-” rating to a “d+” rating in a research report on Thursday, June 8th. ValuEngine raised shares of Lands’ End from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research raised shares of Lands’ End from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. Craig Hallum set a $15.00 target price on shares of Lands’ End and gave the stock a “hold” rating in a research report on Wednesday, June 21st. Finally, BidaskClub raised shares of Lands’ End from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 10th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. The stock has an average rating of “Hold” and a consensus target price of $15.00.
In other Lands’ End news, major shareholder Edward S. Lampert bought 1,221,300 shares of the stock in a transaction dated Wednesday, July 26th. The shares were acquired at an average cost of $13.35 per share, for a total transaction of $16,304,355.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Edward S. Lampert bought 128,534 shares of the stock in a transaction dated Friday, July 21st. The shares were acquired at an average price of $13.44 per share, for a total transaction of $1,727,496.96. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 2,334,331 shares of company stock worth $30,981,963. 0.51% of the stock is owned by corporate insiders.
About Lands’ End
Lands’ End, Inc (Lands’ End) is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products. The Company operates through two segments: Direct and Retail. The Company offers products through catalogs, online at www.landsend.com. The Direct segment sells products through the Company’s e-commerce Websites, international Websites and direct mail catalogs.
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