Media coverage about Lakeland Industries (NASDAQ:LAKE) has trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lakeland Industries earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the medical instruments supplier an impact score of 45.7074216535803 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

A number of brokerages have recently issued reports on LAKE. Zacks Investment Research raised shares of Lakeland Industries from a “sell” rating to a “hold” rating in a research note on Tuesday, September 19th. ValuEngine raised shares of Lakeland Industries from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, Roth Capital began coverage on shares of Lakeland Industries in a research note on Wednesday, August 23rd. They set a “buy” rating and a $18.00 target price for the company.

Shares of Lakeland Industries (LAKE) opened at $15.00 on Friday. The stock has a market cap of $116.07, a price-to-earnings ratio of 17.62, a PEG ratio of 1.73 and a beta of -0.11. Lakeland Industries has a one year low of $9.85 and a one year high of $17.18. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.70 and a current ratio of 5.75.

Lakeland Industries (NASDAQ:LAKE) last issued its earnings results on Wednesday, September 13th. The medical instruments supplier reported $0.25 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.05. Lakeland Industries had a net margin of 6.65% and a return on equity of 8.27%. The firm had revenue of $23.90 million during the quarter, compared to analyst estimates of $23.91 million. During the same period in the previous year, the firm earned $0.20 earnings per share. The business’s revenue was up 7.2% on a year-over-year basis. sell-side analysts predict that Lakeland Industries will post 0.84 EPS for the current fiscal year.

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Lakeland Industries Company Profile

Lakeland Industries, Inc (Lakeland) manufactures and sells a line of safety garments and accessories for the industrial and public protective clothing market. The Company’s product categories include limited use/disposable protective clothing; high-end chemical protective suits; firefighting, flame resistant personal protective equipment (FR PPE) and heat protective apparel; reusable woven garments; high visibility clothing, and glove and sleeves.

Insider Buying and Selling by Quarter for Lakeland Industries (NASDAQ:LAKE)

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