FY2025 EPS Estimates for Lakeland Industries, Inc. (NASDAQ:LAKE) Boosted by Roth Capital

Lakeland Industries, Inc. (NASDAQ:LAKE - Free Report) - Equities researchers at Roth Capital raised their FY2025 earnings per share (EPS) estimates for Lakeland Industries in a research report issued to clients and investors on Tuesday, April 16th. Roth Capital analyst G. Sweeney now anticipates that the medical instruments supplier will post earnings of $1.75 per share for the year, up from their prior forecast of $1.26. The consensus estimate for Lakeland Industries' current full-year earnings is $1.26 per share. Roth Capital also issued estimates for Lakeland Industries' FY2026 earnings at $1.97 EPS.

LAKE has been the subject of a number of other research reports. StockNews.com lowered Lakeland Industries from a "buy" rating to a "hold" rating in a research 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 Price Performance

Shares of LAKE traded up $0.61 during trading hours on Thursday, hitting $16.41. 26,308 shares of the company were exchanged, compared to its average volume of 22,859. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.53 and a quick ratio of 2.74. The company has a market capitalization of $120.94 million, a PE ratio of 22.82 and a beta of 0.47. The firm has a fifty day simple moving average of $16.95 and a 200-day simple moving average of $16.42. Lakeland Industries has a one year low of $10.60 and a one year high of $19.66.

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

Institutional Investors Weigh In On Lakeland Industries

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LAKE. Qube Research & Technologies Ltd purchased a new stake in shares of Lakeland Industries during the 3rd quarter worth about $26,000. UBS Group AG grew its position in Lakeland Industries by 64.2% in the first quarter. UBS Group AG now owns 2,347 shares of the medical instruments supplier's stock worth $45,000 after acquiring an additional 918 shares in the last quarter. Barclays PLC acquired a new position in shares of Lakeland Industries during the 3rd quarter worth $53,000. Tower Research Capital LLC TRC raised its holdings in shares of Lakeland Industries by 511.9% during the 3rd quarter. Tower Research Capital LLC TRC now owns 4,620 shares of the medical instruments supplier's stock valued at $54,000 after purchasing an additional 3,865 shares in the last quarter. Finally, BNP Paribas Arbitrage SA boosted its holdings in Lakeland Industries by 28.8% in the second quarter. BNP Paribas Arbitrage SA now owns 9,729 shares of the medical instruments supplier's stock worth $149,000 after purchasing an additional 2,178 shares in the last quarter. Hedge funds and other institutional investors own 71.69% of the company's stock.

Lakeland Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Investors of record on Thursday, February 15th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.73%. The ex-dividend date was Wednesday, February 14th. Lakeland Industries's payout ratio is 16.90%.

About Lakeland Industries

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.