Noble Financial began coverage on shares of Lands’ End (NASDAQ:LE – Get Free Report) in a research note issued on Thursday, Marketbeat reports. The brokerage set an “outperform” rating and a $20.00 price target on the stock. Noble Financial’s target price indicates a potential upside of 65.10% from the company’s previous close.
A number of other research firms also recently issued reports on LE. Wall Street Zen downgraded shares of Lands’ End from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Weiss Ratings upgraded shares of Lands’ End from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $20.00.
View Our Latest Research Report on Lands’ End
Lands’ End Stock Performance
Lands’ End (NASDAQ:LE – Get Free Report) last released its quarterly earnings results on Tuesday, June 9th. The company reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.21) by $0.10. Lands’ End had a return on equity of 8.22% and a net margin of 26.24%.The firm had revenue of $238.92 million for the quarter, compared to analysts’ expectations of $268.68 million. During the same period in the prior year, the firm earned ($0.27) EPS. Lands’ End has set its FY 2026 guidance at 0.320-0.650 EPS and its Q2 2026 guidance at 0.060-0.160 EPS. Equities analysts anticipate that Lands’ End will post 0.48 earnings per share for the current year.
Lands’ End announced that its Board of Directors has initiated a share buyback program on Wednesday, April 1st that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to repurchase up to 28.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its stock is undervalued.
Institutional Investors Weigh In On Lands’ End
A number of institutional investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its position in shares of Lands’ End by 29.9% in the first quarter. Bank of America Corp DE now owns 532,956 shares of the company’s stock valued at $5,990,000 after acquiring an additional 122,650 shares in the last quarter. Empowered Funds LLC raised its stake in Lands’ End by 8.4% during the 1st quarter. Empowered Funds LLC now owns 123,974 shares of the company’s stock valued at $1,393,000 after purchasing an additional 9,604 shares during the period. Weiss Asset Management LP purchased a new position in Lands’ End in the 1st quarter worth approximately $8,990,000. Galaxy Digital Inc. bought a new position in Lands’ End in the 1st quarter worth approximately $337,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Lands’ End by 1.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 478,519 shares of the company’s stock worth $5,379,000 after purchasing an additional 5,001 shares during the period. Hedge funds and other institutional investors own 37.46% of the company’s stock.
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.
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