Lakeland Industries, Inc. Expected to Earn Q1 2025 Earnings of $0.38 Per Share (NASDAQ:LAKE)

Lakeland Industries, Inc. (NASDAQ:LAKE - Free Report) - Roth Capital issued their Q1 2025 earnings estimates for shares of Lakeland Industries in a research note issued to investors on Tuesday, April 16th. Roth Capital analyst G. Sweeney forecasts that the medical instruments supplier will post earnings of $0.38 per share for the quarter. The consensus estimate for Lakeland Industries' current full-year earnings is $1.26 per share. Roth Capital also issued estimates for Lakeland Industries' Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.50 EPS and Q4 2025 earnings at $0.42 EPS.

Several other brokerages also recently commented on LAKE. StockNews.com downgraded shares of Lakeland Industries from a "buy" rating to a "hold" rating in a report on Wednesday, April 3rd. TheStreet upgraded shares of Lakeland Industries from a "c+" rating to a "b-" rating in a report on Thursday, February 1st.

Lakeland Industries Trading Down 0.6 %

NASDAQ:LAKE traded down $0.09 during mid-day trading on Wednesday, hitting $15.80. 17,502 shares of the stock traded hands, compared to its average volume of 22,812. The stock has a market capitalization of $116.45 million, a price-to-earnings ratio of 22.25 and a beta of 0.47. Lakeland Industries has a 52 week low of $10.60 and a 52 week high of $19.66. The firm's 50 day moving average is $16.95 and its two-hundred day moving average is $16.42. The company has a quick ratio of 2.74, a current ratio of 5.53 and a debt-to-equity ratio of 0.01.

Lakeland Industries (NASDAQ:LAKE - Get Free Report) last posted its earnings results on Wednesday, April 10th. The medical instruments supplier reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.30 by ($0.08). Lakeland Industries had a return on equity of 6.63% and a net margin of 4.33%. The business had revenue of $31.20 million during the quarter, compared to the consensus estimate of $32.50 million.

Lakeland Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 22nd. Shareholders of record on Thursday, February 15th were given a $0.03 dividend. The ex-dividend date was Wednesday, February 14th. This represents a $0.12 annualized dividend and a yield of 0.76%. Lakeland Industries's dividend payout ratio (DPR) is 16.90%.

Institutional Investors Weigh In On Lakeland Industries

Several large investors have recently added to or reduced their stakes in LAKE. Private Capital Management LLC boosted its position in Lakeland Industries by 30.4% in the 2nd quarter. Private Capital Management LLC now owns 1,036,131 shares of the medical instruments supplier's stock valued at $15,915,000 after buying an additional 241,376 shares during the period. Royce & Associates LP lifted its position in shares of Lakeland Industries by 20.8% in the 1st quarter. Royce & Associates LP now owns 514,397 shares of the medical instruments supplier's stock worth $7,510,000 after purchasing an additional 88,535 shares during the period. Captrust Financial Advisors lifted its position in shares of Lakeland Industries by 785.8% in the 2nd quarter. Captrust Financial Advisors now owns 57,535 shares of the medical instruments supplier's stock worth $828,000 after purchasing an additional 51,040 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Lakeland Industries by 6.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 574,082 shares of the medical instruments supplier's stock worth $6,619,000 after purchasing an additional 32,311 shares during the period. Finally, Two Sigma Advisers LP purchased a new stake in shares of Lakeland Industries in the 3rd quarter worth approximately $341,000. 71.69% of the stock is owned by hedge funds and other institutional investors.

Lakeland Industries Company Profile

Lakeland Industries, Inc manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers firefighting and heat protective apparel to protect against fire; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks.