Lands' End (NASDAQ:LE) Stock Price Passes Above 50-Day Moving Average - Should You Sell?

Key Points

• Lands' End's stock price has risen above its 50-day moving average of $10.52, reaching a trading high of $11.60.
• On June 6th, Wall Street Zen downgraded Lands' End from a "buy" to a "hold" rating, signaling caution for investors.
• The company's recent earnings report showed a loss of ($0.18) per share, slightly better than expectations, but revenue fell short of estimates at $261.21 million.

Shares of Lands' End, Inc. (NASDAQ:LE - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $10.52 and traded as high as $11.60. Lands' End shares last traded at $11.53, with a volume of 298,546 shares.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut Lands' End from a "buy" rating to a "hold" rating in a research report on Friday, June 6th.

Lands' End Stock Up 0.5%

The company has a market capitalization of $401.90 million, a P/E ratio of 101.47 and a beta of 2.51. The company has a 50-day moving average of $10.67 and a two-hundred day moving average of $10.50. The company has a quick ratio of 0.52, a current ratio of 1.86 and a debt-to-equity ratio of 1.14.

Lands' End (NASDAQ:LE - Get Free Report) last announced its earnings results on Thursday, June 5th. The company reported ($0.18) EPS for the quarter, beating analysts' consensus estimates of ($0.19) by $0.01. The firm had revenue of $261.21 million for the quarter, compared to analysts' expectations of $272.60 million. Lands' End had a net margin of 0.33% and a return on equity of 5.80%. On average, research analysts predict that Lands' End, Inc. will post 0.41 EPS for the current year.

Institutional Trading of Lands' End

A number of institutional investors and hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC bought a new position in shares of Lands' End during the 1st quarter valued at $582,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Lands' End by 62.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 246,636 shares of the company's stock valued at $3,241,000 after purchasing an additional 95,073 shares during the period. Bank of America Corp DE increased its position in shares of Lands' End by 320.8% during the 4th quarter. Bank of America Corp DE now owns 51,811 shares of the company's stock valued at $681,000 after purchasing an additional 39,499 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Lands' End during the 4th quarter valued at about $1,357,000. Finally, Towerview LLC lifted its stake in shares of Lands' End by 28.2% in the 1st quarter. Towerview LLC now owns 420,000 shares of the company's stock worth $4,276,000 after purchasing an additional 92,500 shares during the period. 37.46% of the stock is currently owned by 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.