Roth Capital Brokers Boost Earnings Estimates for LAKE

Key Points

• Roth Capital has raised its Q3 2026 earnings per share (EPS) estimate for Lakeland Industries from $0.18 to $0.19, while also projecting Q4 2026 earnings at $0.29 EPS and FY2027 earnings at $1.28 EPS.
• Several brokerages have recently adjusted their ratings and price targets for Lakeland Industries, with DA Davidson lowering the target price to $20.00 and Lake Street Capital setting a higher target at $26.00.
• Lakeland Industries reported a Q2 EPS of $0.36, significantly surpassing estimates, while also announcing a quarterly dividend of $0.03 per share.

Lakeland Industries, Inc. (NASDAQ:LAKE - Free Report) - Investment analysts at Roth Capital raised their Q3 2026 earnings estimates for Lakeland Industries in a research note issued to investors on Tuesday, September 16th. Roth Capital analyst G. Sweeney now expects that the medical instruments supplier will post earnings per share of $0.19 for the quarter, up from their prior estimate of $0.18. 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 $0.29 EPS and FY2027 earnings at $1.28 EPS.

A number of other brokerages have also issued reports on LAKE. Zacks Research raised shares of Lakeland Industries from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, September 17th. Wall Street Zen raised shares of Lakeland Industries from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th. Lake Street Capital set a $26.00 target price on shares of Lakeland Industries and gave the company a "buy" rating in a research note on Tuesday, June 10th. Finally, DA Davidson decreased their target price on shares of Lakeland Industries from $23.00 to $20.00 and set a "buy" rating for the company in a research note on Thursday, September 11th. One analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $25.00.

Lakeland Industries Stock Up 2.1%

Shares of NASDAQ:LAKE traded up $0.31 during trading on Thursday, reaching $14.96. 47,986 shares of the company traded hands, compared to its average volume of 128,891. The firm has a fifty day simple moving average of $14.59 and a 200 day simple moving average of $16.19. The firm has a market cap of $143.17 million, a P/E ratio of -5.46 and a beta of 1.11. Lakeland Industries has a 1-year low of $12.76 and a 1-year high of $27.28. The company has a quick ratio of 1.41, a current ratio of 3.66 and a debt-to-equity ratio of 0.19.

Lakeland Industries (NASDAQ:LAKE - Get Free Report) last posted its quarterly earnings data 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. Lakeland Industries had a negative net margin of 11.22% and a negative return on equity of 3.07%. The firm had revenue of $52.50 million during the quarter, compared to analyst estimates of $54.59 million. Lakeland Industries has set its FY 2026 guidance at EPS.

Lakeland Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 22nd. Stockholders of record on Friday, August 15th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Friday, August 15th. Lakeland Industries's payout ratio is -4.38%.

Hedge Funds Weigh In On Lakeland Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LAKE. High Falls Advisors Inc raised its stake in shares of Lakeland Industries by 2.2% in the first quarter. High Falls Advisors Inc now owns 28,061 shares of the medical instruments supplier's stock worth $570,000 after acquiring an additional 599 shares during the last quarter. Northern Trust Corp raised its stake in shares of Lakeland Industries by 4.5% in the fourth quarter. Northern Trust Corp now owns 14,799 shares of the medical instruments supplier's stock worth $378,000 after acquiring an additional 635 shares during the last quarter. Jefferies Financial Group Inc. raised its stake in shares of Lakeland Industries by 4.5% in the first quarter. Jefferies Financial Group Inc. now owns 20,348 shares of the medical instruments supplier's stock worth $413,000 after acquiring an additional 883 shares during the last quarter. Diversified Investment Strategies LLC raised its stake in shares of Lakeland Industries by 2.6% during the second quarter. Diversified Investment Strategies LLC now owns 40,000 shares of the medical instruments supplier's stock worth $544,000 after buying an additional 1,000 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in shares of Lakeland Industries by 4.2% during the second quarter. First Trust Advisors LP now owns 28,554 shares of the medical instruments supplier's stock worth $389,000 after buying an additional 1,149 shares during the last quarter. 71.69% of the stock is currently owned by institutional investors and hedge funds.

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.