Roth Capital Has Bullish Outlook for LAKE FY2026 Earnings

Key Points

• Roth Capital has revised Lakeland Industries' FY2026 earnings per share estimate upwards to $0.50, reflecting analysts' positive outlook as it surpasses the prior forecast of $0.47.
• In its latest earnings report, Lakeland Industries reported $0.36 earnings per share for the quarter, exceeding expectations of ($0.04), although revenue fell short at $52.50 million.
• The stock has garnered a consensus rating of "Moderate Buy" with a target price of $25.00 and has seen various recent upgrades from several research firms.

Lakeland Industries, Inc. (NASDAQ:LAKE - Free Report) - Roth Capital raised their FY2026 earnings estimates for shares of Lakeland Industries in a research report issued to clients and investors on Tuesday, September 16th. Roth Capital analyst G. Sweeney now expects that the medical instruments supplier will post earnings of $0.50 per share for the year, up from their previous forecast of $0.47. The consensus estimate for Lakeland Industries' current full-year earnings is $0.48 per share.

Lakeland Industries (NASDAQ:LAKE - Get Free Report) last announced its earnings results on Tuesday, September 9th. The medical instruments supplier reported $0.36 earnings per share for the quarter, topping 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 3.07%. The firm had revenue of $52.50 million for the quarter, compared to the consensus estimate of $54.59 million. Lakeland Industries has set its FY 2026 guidance at EPS.

Several other research analysts have also recently commented on the stock. Wall Street Zen upgraded shares of Lakeland Industries from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. Zacks Research upgraded shares of Lakeland Industries from a "hold" rating to a "strong-buy" rating in a report on Wednesday. Lake Street Capital set a $26.00 target price on shares of Lakeland Industries and gave the company a "buy" rating in a report on Tuesday, June 10th. Finally, DA Davidson lowered their target price 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. One research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $25.00.

Lakeland Industries Stock Down 1.5%

NASDAQ LAKE traded down $0.22 on Wednesday, hitting $14.65. 257,035 shares of the stock were exchanged, compared to its average volume of 119,139. 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 has a fifty-two week low of $12.76 and a fifty-two week high of $27.28. The company has a market cap of $140.22 million, a PE ratio of -5.35 and a beta of 1.11. The company has a 50-day moving average price of $14.59 and a 200-day moving average price of $16.22.

Institutional Investors Weigh In On Lakeland Industries

Several hedge funds have recently modified their holdings of LAKE. High Falls Advisors Inc raised its holdings in 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 valued at $570,000 after buying an additional 599 shares during the period. Northern Trust Corp raised its holdings in Lakeland Industries by 4.5% in the fourth quarter. Northern Trust Corp now owns 14,799 shares of the medical instruments supplier's stock valued at $378,000 after buying an additional 635 shares during the period. Jefferies Financial Group Inc. raised its holdings in 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 valued at $413,000 after buying an additional 883 shares during the period. Diversified Investment Strategies LLC raised its holdings in Lakeland Industries by 2.6% in the second quarter. Diversified Investment Strategies LLC now owns 40,000 shares of the medical instruments supplier's stock valued at $544,000 after buying an additional 1,000 shares during the period. Finally, First Trust Advisors LP raised its holdings in Lakeland Industries by 4.2% in the second quarter. First Trust Advisors LP now owns 28,554 shares of the medical instruments supplier's stock valued at $389,000 after buying an additional 1,149 shares during the period. 71.69% of the stock is owned by institutional investors and hedge funds.

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%.

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.