Roth Capital Analysts Decrease Earnings Estimates for LAKE

Lakeland Industries, Inc. (NASDAQ:LAKE) – Equities research analysts at Roth Capital decreased their Q2 2026 earnings per share (EPS) estimates for Lakeland Industries in a research report issued to clients and investors on Tuesday, June 10th. Roth Capital analyst G. Sweeney now forecasts that the medical instruments supplier will post earnings per share of ($0.04) for the quarter, down from their previous forecast of $0.35. The consensus estimate for Lakeland Industries’ current full-year earnings is $0.48 per share. Roth Capital also issued estimates for Lakeland Industries’ FY2026 earnings at $0.18 EPS and FY2027 earnings at $1.23 EPS.

Lakeland Industries (NASDAQ:LAKE) last posted its quarterly earnings results on Monday, June 9th. The medical instruments supplier reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.68). Lakeland Industries had a negative net margin of 0.42% and a positive return on equity of 1.66%. The company had revenue of $46.75 million during the quarter, compared to analyst estimates of $48.84 million. During the same period in the prior year, the company earned $0.22 earnings per share.

A number of other research firms also recently commented on LAKE. DA Davidson decreased their price target on Lakeland Industries from $28.00 to $23.00 and set a “buy” rating for the company in a research note on Tuesday, April 15th. Lake Street Capital set a $26.00 target price on Lakeland Industries and gave the stock a “buy” rating in a report on Tuesday. Finally, Wall Street Zen raised shares of Lakeland Industries to a “sell” rating in a report on Wednesday, May 7th.

Lakeland Industries Price Performance

LAKE opened at $15.18 on Thursday. The company has a market capitalization of $144.38 million, a P/E ratio of -168.67 and a beta of 1.13. The company has a 50-day moving average of $17.34 and a 200-day moving average of $21.01. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.77 and a current ratio of 4.23. Lakeland Industries has a 1-year low of $14.00 and a 1-year high of $27.28.

Institutional Investors Weigh In On Lakeland Industries

Hedge funds and other institutional investors have recently modified their holdings of the stock. IFP Advisors Inc bought a new position in Lakeland Industries in the 4th quarter valued at about $36,000. Russell Investments Group Ltd. bought a new position in shares of Lakeland Industries in the fourth quarter valued at approximately $160,000. Cubist Systematic Strategies LLC bought a new position in shares of Lakeland Industries in the first quarter valued at approximately $164,000. Bank of America Corp DE increased its stake in shares of Lakeland Industries by 114.1% during the fourth quarter. Bank of America Corp DE now owns 7,657 shares of the medical instruments supplier’s stock valued at $196,000 after acquiring an additional 4,081 shares during the period. Finally, Metis Global Partners LLC bought a new stake in Lakeland Industries during the fourth quarter worth approximately $207,000. 71.69% of the stock is currently owned by institutional investors.

Lakeland Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Thursday, May 15th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date was Thursday, May 15th. Lakeland Industries’s dividend payout ratio (DPR) is -3.99%.

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.