Lands' End (NASDAQ:LE) Share Price Crosses Above Fifty Day Moving Average - What's Next?

Key Points

• Lands' End's share price recently crossed above its 50-day moving average of $14.77, trading as high as $16.35, indicating positive momentum in the stock's performance.
• Research analysts have upgraded Lands' End from a "hold" rating to a "buy" rating, while maintaining a consensus rating of "Hold" from other analysts.
• The company's market capitalization stands at approximately $486.75 million, with an earnings per share (EPS) estimate of 0.41 for the current year.

Lands' End, Inc. (NASDAQ:LE - Get Free Report)'s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $14.77 and traded as high as $16.35. Lands' End shares last traded at $15.95, with a volume of 104,997 shares traded.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on LE shares. Wall Street Zen raised shares of Lands' End from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th. Weiss Ratings reissued a "hold (c-)" rating on shares of Lands' End in a research report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of "Hold".

Lands' End Price Performance

The stock's 50-day moving average is $14.77 and its 200 day moving average is $11.74. The stock has a market capitalization of $486.75 million, a PE ratio of 88.62 and a beta of 2.35. The company has a quick ratio of 0.41, a current ratio of 1.62 and a debt-to-equity ratio of 1.13.

Lands' End (NASDAQ:LE - Get Free Report) last announced its quarterly earnings data on Monday, January 13th. The company reported $0.06 EPS for the quarter. Lands' End had a net margin of 0.46% and a return on equity of 5.32%. The firm had revenue of $318.63 million for the quarter. As a group, equities analysts predict that Lands' End, Inc. will post 0.41 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LE. Bailard Inc. grew its position in Lands' End by 32.8% in the first quarter. Bailard Inc. now owns 22,100 shares of the company's stock worth $225,000 after acquiring an additional 5,460 shares in the last quarter. Towerview LLC grew its position in Lands' End by 28.2% in the first quarter. Towerview LLC now owns 420,000 shares of the company's stock worth $4,276,000 after acquiring an additional 92,500 shares in the last quarter. Invesco Ltd. grew its position in Lands' End by 2.6% in the first quarter. Invesco Ltd. now owns 49,457 shares of the company's stock worth $503,000 after acquiring an additional 1,252 shares in the last quarter. Nuveen LLC bought a new stake in Lands' End in the first quarter worth approximately $623,000. Finally, American Century Companies Inc. grew its position in Lands' End by 9.5% in the first quarter. American Century Companies Inc. now owns 408,385 shares of the company's stock worth $4,157,000 after acquiring an additional 35,449 shares in the last quarter. 37.46% of the stock is owned by hedge funds and other institutional investors.

Lands' End Company Profile

Lands' End, Inc operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniform 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.

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