Research Analysts Offer Predictions for LAKE Q3 Earnings

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) - Analysts at Roth Capital upped their Q3 2026 EPS estimates for Lakeland Industries in a research note issued on Tuesday, September 16th. Roth Capital analyst G. Sweeney now anticipates that the medical instruments supplier will post earnings per share of $0.19 for the quarter, up from their prior forecast 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.

Lakeland Industries (NASDAQ:LAKE - Get Free Report) last announced its quarterly earnings data on Tuesday, September 9th. The medical instruments supplier reported $0.36 EPS for the quarter, beating 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 business 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.

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

Lakeland Industries Trading Down 1.5%

Shares of LAKE traded down $0.22 during trading hours on Thursday, hitting $14.65. 257,035 shares of the stock were exchanged, compared to its average volume of 119,139. The firm has a market capitalization of $140.22 million, a P/E ratio of -5.35 and a beta of 1.11. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.66 and a quick ratio of 1.41. Lakeland Industries has a fifty-two week low of $12.76 and a fifty-two week high of $27.28. The business has a 50-day moving average of $14.59 and a 200-day moving average of $16.22.

Lakeland Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Shareholders of record on Friday, August 15th were paid 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 of this dividend was Friday, August 15th. Lakeland Industries's dividend payout ratio (DPR) is currently -4.38%.

Institutional Investors Weigh In On Lakeland Industries

Hedge funds and other institutional investors have recently bought and sold shares of the business. Salem Investment Counselors Inc. acquired a new position in Lakeland Industries during the second quarter worth $28,000. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Lakeland Industries in the second quarter valued at $31,000. Bank of America Corp DE lifted its stake in shares of Lakeland Industries by 189.9% in the 2nd quarter. Bank of America Corp DE now owns 4,177 shares of the medical instruments supplier's stock valued at $57,000 after acquiring an additional 2,736 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of Lakeland Industries in the 2nd quarter worth approximately $59,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Lakeland Industries in the second quarter valued at about $68,000. 71.69% of the stock is currently owned by institutional investors.

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.