FY2025 EPS Estimates for Lakeland Industries, Inc. (NASDAQ:LAKE) Increased by Analyst

Lakeland Industries, Inc. (NASDAQ:LAKE) – Equities researchers at Roth Capital lifted their FY2025 earnings per share estimates for shares of Lakeland Industries in a research report issued on Tuesday, April 16th. Roth Capital analyst G. Sweeney now expects that the medical instruments supplier will post earnings per share of $1.75 for the year, up from their previous 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.

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

A number of other research firms have also issued reports on LAKE. TheStreet upgraded Lakeland Industries from a “c+” rating to a “b-” rating in a research report on Thursday, February 1st. StockNews.com lowered Lakeland Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd.

Lakeland Industries Price Performance

Shares of LAKE opened at $16.48 on Thursday. Lakeland Industries has a 52 week low of $10.60 and a 52 week high of $19.66. The firm has a market cap of $121.46 million, a price-to-earnings ratio of 23.21 and a beta of 0.47. 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 50 day moving average of $16.89 and a 200-day moving average of $16.42.

Lakeland Industries Announces Dividend

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bridgeway Capital Management LLC boosted its position in Lakeland Industries by 1.8% during the 4th quarter. Bridgeway Capital Management LLC now owns 43,530 shares of the medical instruments supplier’s stock worth $807,000 after acquiring an additional 768 shares during the period. Royal Bank of Canada boosted its position in Lakeland Industries by 1.2% during the 1st quarter. Royal Bank of Canada now owns 68,473 shares of the medical instruments supplier’s stock worth $1,314,000 after acquiring an additional 799 shares during the period. UBS Group AG raised its stake 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 buying an additional 918 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Lakeland Industries by 2.6% in the 1st quarter. Bank of New York Mellon Corp now owns 38,910 shares of the medical instruments supplier’s stock worth $747,000 after buying an additional 969 shares in the last quarter. Finally, State Street Corp raised its stake in shares of Lakeland Industries by 4.4% in the 1st quarter. State Street Corp now owns 29,161 shares of the medical instruments supplier’s stock worth $560,000 after buying an additional 1,220 shares in 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.