Lands' End (NASDAQ:LE) Stock Passes Above 50 Day Moving Average - Here's Why

Key Points

• Lands' End's stock price has recently crossed above its 50-day moving average of $13.52, reaching a high of $15.65 during trading, indicating potential positive momentum.
• The company received an upgrade from Wall Street Zen, changing its rating from "hold" to "buy," suggesting increased analyst confidence in its performance.
• Lands' End reported a quarterly earnings miss with an EPS of ($0.06), below the expected ($0.03), alongside a revenue of $294.08 million, which fell short of analysts' $323.96 million forecast.

Lands' End, Inc. (NASDAQ:LE - Get Free Report)'s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $13.52 and traded as high as $15.65. Lands' End shares last traded at $15.53, with a volume of 322,476 shares.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Lands' End from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th.

Lands' End Stock Performance

The company has a 50-day moving average of $13.52 and a 200 day moving average of $10.97. The company has a quick ratio of 0.41, a current ratio of 1.62 and a debt-to-equity ratio of 1.13. The firm has a market capitalization of $473.98 million, a PE ratio of 86.28 and a beta of 2.34.

Lands' End (NASDAQ:LE - Get Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.03). Lands' End had a return on equity of 5.32% and a net margin of 0.46%.The firm had revenue of $294.08 million during the quarter, compared to analysts' expectations of $323.96 million. During the same quarter in the previous year, the company posted ($0.02) earnings per share. Lands' End has set its Q3 2025 guidance at 0.100-0.220 EPS. FY 2025 guidance at 0.620-0.88 EPS. Equities research analysts predict that Lands' End, Inc. will post 0.41 EPS for the current year.

Hedge Funds Weigh In On Lands' End

Hedge funds and other institutional investors have recently modified their holdings of the company. GAMMA Investing LLC boosted its holdings in shares of Lands' End by 9,138.5% in the 1st quarter. GAMMA Investing LLC now owns 2,402 shares of the company's stock worth $236,000 after purchasing an additional 2,376 shares in the last quarter. Harbor Capital Advisors Inc. bought a new stake in shares of Lands' End in the 1st quarter valued at about $27,000. SVB Wealth LLC bought a new stake in shares of Lands' End in the 1st quarter valued at about $51,000. AlphaQuest LLC lifted its stake in shares of Lands' End by 24.5% in the 2nd quarter. AlphaQuest LLC now owns 9,785 shares of the company's stock valued at $105,000 after acquiring an additional 1,924 shares during the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Lands' End in the 1st quarter valued at about $104,000. 37.46% of the stock is currently 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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