Q3 EPS Estimate for Lakeland Industries Reduced by Analyst

Key Points

• Roth Capital has lowered its Q3 EPS estimate for Lakeland Industries to $0.18 from a previous estimate of $0.26, amid expectations for a challenging quarter.
• The company reported Q2 earnings of $0.36 per share, significantly beating the consensus estimate of ($0.04), although revenue fell short of expectations.
• Lakeland Industries faces a negative net margin of 11.22% and a dividend yield of 0.9%, indicating ongoing financial pressures despite recent performance fluctuations.

Lakeland Industries, Inc. (NASDAQ:LAKE - Free Report) - Analysts at Roth Capital dropped their Q3 2026 earnings per share (EPS) estimates for Lakeland Industries in a research note issued to investors on Wednesday, September 10th. Roth Capital analyst G. Sweeney now forecasts that the medical instruments supplier will post earnings per share of $0.18 for the quarter, down from their prior estimate of $0.26. The consensus estimate for Lakeland Industries' current full-year earnings is $0.48 per share. Roth Capital also issued estimates for Lakeland Industries' Q4 2026 earnings at $0.27 EPS and FY2027 earnings at $1.16 EPS.

Lakeland Industries (NASDAQ:LAKE - Get Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The medical instruments supplier reported $0.36 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.40. Lakeland Industries had a negative net margin of 11.22% and a negative return on equity of 3.12%. The firm had revenue of $52.50 million during the quarter, compared to analysts' expectations of $54.59 million. Lakeland Industries has set its FY 2026 guidance at EPS.

Several other research analysts also recently issued reports on LAKE. Lake Street Capital set a $26.00 price objective on Lakeland Industries and gave the stock a "buy" rating in a report on Tuesday, June 10th. Zacks Research raised Lakeland Industries from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 14th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, Lakeland Industries currently has a consensus rating of "Moderate Buy" and an average target price of $26.00.

Lakeland Industries Price Performance

LAKE opened at $13.80 on Thursday. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.88 and a quick ratio of 1.51. The stock has a market capitalization of $131.24 million, a P/E ratio of -5.04 and a beta of 1.11. The company's 50 day simple moving average is $14.53 and its 200-day simple moving average is $16.67. Lakeland Industries has a one year low of $12.76 and a one year high of $27.28.

Hedge Funds Weigh In On Lakeland Industries

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LAKE. Ancora Advisors LLC grew its position in shares of Lakeland Industries by 85.1% during the 1st quarter. Ancora Advisors LLC now owns 276,688 shares of the medical instruments supplier's stock worth $5,620,000 after buying an additional 127,195 shares during the period. Geode Capital Management LLC boosted its stake in Lakeland Industries by 115.9% during the 2nd quarter. Geode Capital Management LLC now owns 217,786 shares of the medical instruments supplier's stock worth $2,964,000 after acquiring an additional 116,901 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Lakeland Industries by 1,720.2% during the first quarter. Russell Investments Group Ltd. now owns 114,017 shares of the medical instruments supplier's stock valued at $2,316,000 after purchasing an additional 107,753 shares during the period. Royce & Associates LP increased its stake in Lakeland Industries by 9.4% in the first quarter. Royce & Associates LP now owns 931,920 shares of the medical instruments supplier's stock valued at $18,927,000 after purchasing an additional 79,940 shares in the last quarter. Finally, Evernest Financial Advisors LLC bought a new stake in Lakeland Industries in the first quarter valued at approximately $1,348,000. Institutional investors own 71.69% of the company's stock.

Lakeland Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 22nd. Investors of record on Friday, August 15th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Friday, August 15th. Lakeland Industries's dividend payout ratio is currently -3.99%.

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.

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