StockNews.com Downgrades Lands’ End (NASDAQ:LE) to Hold

StockNews.com downgraded shares of Lands’ End (NASDAQ:LE) from a buy rating to a hold rating in a research report sent to investors on Thursday.

Separately, Craig Hallum upped their price target on shares of Lands’ End from $15.00 to $20.00 and gave the stock a buy rating in a report on Thursday, May 16th.

Lands’ End Price Performance

Lands’ End stock opened at $14.42 on Thursday. The company has a market capitalization of $452.87 million, a price-to-earnings ratio of -3.40 and a beta of 2.79. The company has a current ratio of 1.85, a quick ratio of 0.53 and a debt-to-equity ratio of 1.16. Lands’ End has a 12 month low of $5.98 and a 12 month high of $15.00. The stock’s 50 day moving average is $13.65 and its 200-day moving average is $10.74.

Lands’ End (NASDAQ:LE) last released its quarterly earnings results on Wednesday, March 27th. The company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03). Lands’ End had a negative return on equity of 3.57% and a negative net margin of 9.35%. The business had revenue of $514.85 million for the quarter, compared to the consensus estimate of $505.30 million. Equities research analysts expect that Lands’ End will post 0.3 EPS for the current year.

Institutional Investors Weigh In On Lands’ End

Several institutional investors and hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets increased its position in shares of Lands’ End by 65.0% during the first quarter. BNP Paribas Financial Markets now owns 6,999 shares of the company’s stock worth $76,000 after buying an additional 2,757 shares during the period. Barclays PLC grew its holdings in Lands’ End by 25.3% during the 3rd quarter. Barclays PLC now owns 13,914 shares of the company’s stock worth $104,000 after acquiring an additional 2,810 shares during the period. Tower Research Capital LLC TRC raised its position in shares of Lands’ End by 334.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,081 shares of the company’s stock worth $49,000 after acquiring an additional 3,912 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of Lands’ End by 41.6% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 14,962 shares of the company’s stock valued at $163,000 after purchasing an additional 4,392 shares during the period. Finally, WINTON GROUP Ltd bought a new stake in shares of Lands’ End during the 3rd quarter valued at about $82,000. Institutional investors and hedge funds own 37.46% of the company’s stock.

Lands’ End Company Profile

Lands' End, Inc operates as a digital retailer of casual clothing, swimwear, outerwear, accessories, footwear, and home products in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.