Lands’ End (NASDAQ:LE) Share Price Passes Above 50-Day Moving Average – Here’s What Happened

Lands’ End, Inc. (NASDAQ:LE) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $11.51 and traded as high as $12.18. Lands’ End shares last traded at $11.80, with a volume of 318,552 shares trading hands.

Analysts Set New Price Targets

LE has been the topic of several research reports. Wall Street Zen lowered Lands’ End from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Noble Financial assumed coverage on Lands’ End in a report on Thursday, June 18th. They set an “outperform” rating and a $20.00 price target for the company. Finally, Weiss Ratings raised Lands’ End from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Lands’ End currently has an average rating of “Moderate Buy” and an average price target of $20.00.

Lands’ End Stock Performance

The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.37 and a current ratio of 1.58. The firm’s 50 day moving average is $11.51 and its 200-day moving average is $13.50. The firm has a market cap of $356.60 million, a price-to-earnings ratio of 1.05 and a beta of 2.31.

Lands’ End (NASDAQ:LE) last posted its earnings results on Tuesday, June 9th. The company reported ($0.11) EPS for the quarter, topping the consensus estimate of ($0.21) by $0.10. Lands’ End had a net margin of 26.24% and a return on equity of 8.22%. The firm had revenue of $238.92 million for the quarter, compared to the consensus estimate of $268.68 million. During the same period in the prior year, the business posted ($0.27) earnings per share. Lands’ End has set its FY 2026 guidance at 0.320-0.650 EPS and its Q2 2026 guidance at 0.060-0.160 EPS. Sell-side analysts anticipate that Lands’ End, Inc. will post 0.49 earnings per share for the current fiscal year.

Lands’ End announced that its board has authorized a stock buyback program on Wednesday, April 1st that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to purchase up to 28.9% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its shares are undervalued.

Hedge Funds Weigh In On Lands’ End

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its position in shares of Lands’ End by 29.9% in the first quarter. Bank of America Corp DE now owns 532,956 shares of the company’s stock valued at $5,990,000 after purchasing an additional 122,650 shares during the period. Empowered Funds LLC boosted its holdings in shares of Lands’ End by 8.4% during the 1st quarter. Empowered Funds LLC now owns 123,974 shares of the company’s stock worth $1,393,000 after buying an additional 9,604 shares during the period. Weiss Asset Management LP acquired a new position in Lands’ End in the 1st quarter valued at $8,990,000. Galaxy Digital Inc. acquired a new position in Lands’ End in the 1st quarter valued at $337,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in Lands’ End by 1.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 478,519 shares of the company’s stock valued at $5,379,000 after buying an additional 5,001 shares during the last quarter. Institutional investors and hedge funds own 37.46% of the company’s stock.

Lands’ End Company Profile

Lands’ End, Inc (NASDAQ: LE) is an American retailer specializing in casual apparel, accessories and home goods. Headquartered in Dodgeville, Wisconsin, the company sells its products through a combination of direct-to-consumer channels including e-commerce, catalogues and a network of outlet stores. Lands’ End is known for its nautical-inspired designs, functional outerwear and commitment to quality fabrics.

Founded in 1963 by Gary Comer as a mail-order sailing supply business, Lands’ End rapidly expanded its product offering beyond marine gear.