Lakeland Industries, Inc. Expected to Earn FY2025 Earnings of $1.75 Per Share (NASDAQ:LAKE)

Lakeland Industries, Inc. (NASDAQ:LAKE) – Equities research analysts at Roth Capital lifted their FY2025 EPS estimates for Lakeland Industries in a report released on Tuesday, April 16th. Roth Capital analyst G. Sweeney now anticipates that the medical instruments supplier will earn $1.75 per share for the year, up from their prior estimate of $1.26. The consensus estimate for Lakeland Industries’ current full-year earnings is $1.75 per share. Roth Capital also issued estimates for Lakeland Industries’ FY2026 earnings at $1.97 EPS.

Other analysts have also recently issued research reports about the stock. StockNews.com cut shares of Lakeland Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. TheStreet upgraded shares of Lakeland Industries from a “c+” rating to a “b-” rating in a report on Thursday, February 1st.

Lakeland Industries Stock Performance

Shares of LAKE opened at $16.48 on Thursday. The company has a current ratio of 5.53, a quick ratio of 2.74 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $121.46 million, a P/E ratio of 23.21 and a beta of 0.47. The firm’s fifty day simple moving average is $16.89 and its two-hundred day simple moving average is $16.42. Lakeland Industries has a 12 month low of $10.60 and a 12 month high of $19.66.

Lakeland Industries (NASDAQ:LAKE) last issued its quarterly earnings results on Wednesday, April 10th. The medical instruments supplier reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.08). The firm had revenue of $31.20 million for the quarter, compared to the consensus estimate of $32.50 million. Lakeland Industries had a net margin of 4.33% and a return on equity of 6.63%.

Lakeland Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 22nd. Stockholders of record on Thursday, February 15th were issued a dividend of $0.03 per share. The ex-dividend date was Wednesday, February 14th. This represents a $0.12 annualized dividend and a dividend yield of 0.73%. Lakeland Industries’s dividend payout ratio is currently 16.90%.

Hedge Funds Weigh In On Lakeland Industries

Institutional investors have recently made changes to their positions in the stock. Qube Research & Technologies Ltd acquired a new position in shares of Lakeland Industries during the third quarter valued at about $26,000. UBS Group AG raised its holdings in shares of Lakeland Industries by 64.2% in the 1st quarter. UBS Group AG now owns 2,347 shares of the medical instruments supplier’s stock worth $45,000 after acquiring an additional 918 shares during the last quarter. Barclays PLC acquired a new stake in shares of Lakeland Industries in the 3rd quarter worth about $53,000. Tower Research Capital LLC TRC raised its holdings in shares of Lakeland Industries by 511.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 4,620 shares of the medical instruments supplier’s stock worth $54,000 after acquiring an additional 3,865 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its holdings in shares of Lakeland Industries by 28.8% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 9,729 shares of the medical instruments supplier’s stock worth $149,000 after acquiring an additional 2,178 shares during the last quarter. Institutional investors and hedge funds own 71.69% of the company’s stock.

Lakeland Industries Company Profile

Lakeland Industries, Inc manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers firefighting and heat protective apparel to protect against fire; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks.