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

Key Points

• Lands' End stock crossed above its 50-day moving average of $11.56, reaching a trading high of $13.14 before settling at $12.69 with a volume of 250,355 shares.
• Wall Street analysts recently downgraded Lands' End from a "buy" rating to a "hold" rating, reflecting caution regarding future performance.
• In their latest earnings report, Lands' End posted an EPS of ($0.18), beating expectations, but revenue came in below projections at $261.21 million compared to analysts' forecasts of $272.60 million.

Lands' End, Inc. (NASDAQ:LE - Get Free Report)'s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $11.56 and traded as high as $13.14. Lands' End shares last traded at $12.69, with a volume of 250,355 shares changing hands.

Analyst Ratings Changes

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

Lands' End Price Performance

The company's fifty day moving average is $11.80 and its 200 day moving average is $10.51. The firm has a market cap of $414.74 million, a price-to-earnings ratio of 104.70 and a beta of 2.51. 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, topping the consensus estimate of ($0.19) by $0.01. Lands' End had a net margin of 0.33% and a return on equity of 5.80%. The business had revenue of $261.21 million during the quarter, compared to analysts' expectations of $272.60 million. Lands' End has set its FY 2025 guidance at 0.480-0.860 EPS. On average, equities research analysts predict that Lands' End, Inc. will post 0.41 EPS for the current year.

Hedge Funds Weigh In On Lands' End

Several large investors have recently modified their holdings of the stock. Bridgeway Capital Management LLC raised its stake in Lands' End by 20.8% in the 2nd quarter. Bridgeway Capital Management LLC now owns 118,651 shares of the company's stock worth $1,271,000 after purchasing an additional 20,394 shares in the last quarter. Ameriprise Financial Inc. grew its position in Lands' End by 27.4% during the second quarter. Ameriprise Financial Inc. now owns 36,670 shares of the company's stock worth $393,000 after buying an additional 7,895 shares in the last quarter. Raymond James Financial Inc. grew its position in Lands' End by 15.5% during the second quarter. Raymond James Financial Inc. now owns 119,922 shares of the company's stock worth $1,284,000 after buying an additional 16,052 shares in the last quarter. Qube Research & Technologies Ltd grew its position in Lands' End by 76.9% during the second quarter. Qube Research & Technologies Ltd now owns 161,395 shares of the company's stock worth $1,729,000 after buying an additional 70,150 shares in the last quarter. Finally, Federated Hermes Inc. grew its position in Lands' End by 72.2% during the second quarter. Federated Hermes Inc. now owns 114,398 shares of the company's stock worth $1,225,000 after buying an additional 47,955 shares in the last quarter. 37.46% of the stock is owned by institutional investors.

About Lands' End

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.