Q3 EPS Forecast for Lakeland Industries Lowered 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) - Equities researchers at Roth Capital decreased their Q3 2026 earnings estimates for Lakeland Industries in a research report issued to clients and investors on Wednesday, September 10th. Roth Capital analyst G. Sweeney now forecasts that the medical instruments supplier will earn $0.18 per share for the quarter, down from their previous forecast 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.

LAKE has been the subject of a number of other reports. Lake Street Capital set a $26.00 price target on shares of Lakeland Industries and gave the stock a "buy" rating in a report on Tuesday, June 10th. Wall Street Zen upgraded shares of Lakeland Industries from a "sell" rating to a "hold" rating in a report on Saturday. Zacks Research upgraded shares of Lakeland Industries from a "strong sell" rating to a "hold" rating in a report on Thursday, August 14th. Finally, DA Davidson reduced their price target on shares of Lakeland Industries from $23.00 to $20.00 and set a "buy" rating for the company in a report on Thursday, September 11th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, Lakeland Industries presently has a consensus rating of "Moderate Buy" and a consensus price target of $25.00.

Lakeland Industries Stock Up 0.8%

NASDAQ:LAKE traded up $0.12 during trading hours on Thursday, reaching $14.61. The company had a trading volume of 42,159 shares, compared to its average volume of 128,191. The company has a quick ratio of 1.41, a current ratio of 3.66 and a debt-to-equity ratio of 0.19. The firm has a market cap of $139.77 million, a price-to-earnings ratio of -5.33 and a beta of 1.11. The business's 50-day simple moving average is $14.57 and its two-hundred day simple moving average is $16.39. Lakeland Industries has a twelve month low of $12.76 and a twelve month high of $27.28.

Lakeland Industries (NASDAQ:LAKE - Get Free Report) last posted its quarterly earnings results on Tuesday, September 9th. The medical instruments supplier reported $0.36 EPS for the quarter, topping analysts' consensus estimates of ($0.04) by $0.40. The business had revenue of $52.50 million during the quarter, compared to analysts' expectations of $54.59 million. Lakeland Industries had a negative net margin of 11.22% and a negative return on equity of 3.07%. Lakeland Industries has set its FY 2026 guidance at EPS.

Institutional Trading of Lakeland Industries

Several hedge funds have recently added to or reduced their stakes in the stock. High Falls Advisors Inc raised its position in Lakeland Industries by 21.5% in the second quarter. High Falls Advisors Inc now owns 34,099 shares of the medical instruments supplier's stock worth $464,000 after acquiring an additional 6,038 shares during the period. Paradigm Capital Management Inc. NY bought a new stake in Lakeland Industries in the second quarter worth about $136,000. Bank of America Corp DE raised its position in Lakeland Industries by 189.9% in the second quarter. Bank of America Corp DE now owns 4,177 shares of the medical instruments supplier's stock worth $57,000 after acquiring an additional 2,736 shares during the period. Sandia Investment Management LP purchased a new position in shares of Lakeland Industries in the second quarter worth about $148,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Lakeland Industries in the second quarter worth about $68,000. 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. Shareholders of record on Friday, August 15th were given a $0.03 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $0.12 annualized dividend and a yield of 0.8%. Lakeland Industries's payout ratio is currently -4.38%.

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.