Lakeland Industries, Inc. Expected to Earn Q1 2025 Earnings of $0.38 Per Share (NASDAQ:LAKE)

Lakeland Industries, Inc. (NASDAQ:LAKE) – Stock analysts at Roth Capital issued their Q1 2025 earnings per share (EPS) estimates for shares of Lakeland Industries in a report released on Tuesday, April 16th. Roth Capital analyst G. Sweeney expects that the medical instruments supplier will post earnings per share of $0.38 for the quarter. The consensus estimate for Lakeland Industries’ current full-year earnings is $1.26 per share. Roth Capital also issued estimates for Lakeland Industries’ Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.50 EPS and Q4 2025 earnings at $0.42 EPS.

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

Several other research analysts have also commented on LAKE. StockNews.com lowered Lakeland Industries from a “buy” rating to a “hold” rating in a report on Wednesday, April 3rd. TheStreet upgraded shares of Lakeland Industries from a “c+” rating to a “b-” rating in a research note on Thursday, February 1st.

Lakeland Industries Trading Up 3.9 %

LAKE stock opened at $16.41 on Wednesday. The company has a current ratio of 5.53, a quick ratio of 2.74 and a debt-to-equity ratio of 0.01. Lakeland Industries has a 12-month low of $10.60 and a 12-month high of $19.66. The stock has a market cap of $120.94 million, a price-to-earnings ratio of 23.11 and a beta of 0.47. The business’s 50-day moving average is $16.92 and its 200 day moving average is $16.42.

Lakeland Industries Dividend Announcement

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

Hedge Funds Weigh In On Lakeland Industries

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bridgeway Capital Management LLC lifted its stake in Lakeland Industries by 1.8% in the fourth quarter. Bridgeway Capital Management LLC now owns 43,530 shares of the medical instruments supplier’s stock valued at $807,000 after buying an additional 768 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Lakeland Industries by 1.2% during the first quarter. Royal Bank of Canada now owns 68,473 shares of the medical instruments supplier’s stock valued at $1,314,000 after purchasing an additional 799 shares during the last quarter. UBS Group AG increased its position in shares of Lakeland Industries by 64.2% in the first 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 in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Lakeland Industries by 2.6% in the first quarter. Bank of New York Mellon Corp now owns 38,910 shares of the medical instruments supplier’s stock valued at $747,000 after purchasing an additional 969 shares in the last quarter. Finally, State Street Corp grew its stake in Lakeland Industries by 4.4% during the 1st quarter. State Street Corp now owns 29,161 shares of the medical instruments supplier’s stock valued at $560,000 after acquiring an additional 1,220 shares in the last quarter. 71.69% of the stock is owned by institutional investors and hedge funds.

About Lakeland Industries

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.