Q2 EPS Estimates for Lakeland Industries Cut by Roth Capital

Lakeland Industries, Inc. (NASDAQ:LAKE - Free Report) - Analysts at Roth Capital reduced their Q2 2026 earnings per share estimates for shares of Lakeland Industries in a report released on Tuesday, June 10th. Roth Capital analyst G. Sweeney now anticipates that the medical instruments supplier will earn ($0.04) per share for the quarter, down from their previous estimate of $0.35. The consensus estimate for Lakeland Industries' current full-year earnings is $0.48 per share. Roth Capital also issued estimates for Lakeland Industries' FY2026 earnings at $0.18 EPS and FY2027 earnings at $1.23 EPS.

Several other research analysts have also recently issued reports on LAKE. DA Davidson decreased their price target on Lakeland Industries from $28.00 to $23.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. Wall Street Zen raised Lakeland Industries to a "sell" rating in a research note on Wednesday, May 7th. Finally, Lake Street Capital set a $26.00 price target on Lakeland Industries and gave the stock a "buy" rating in a research note on Tuesday, June 10th.

Lakeland Industries Stock Performance

LAKE traded down $1.42 during trading on Thursday, reaching $13.92. 278,987 shares of the company were exchanged, compared to its average volume of 74,945. The stock has a market cap of $132.39 million, a P/E ratio of -154.67 and a beta of 1.13. The firm has a 50 day moving average of $17.26 and a 200 day moving average of $20.89. The company has a current ratio of 4.23, a quick ratio of 1.77 and a debt-to-equity ratio of 0.25. Lakeland Industries has a 52 week low of $13.92 and a 52 week high of $27.28.

Lakeland Industries (NASDAQ:LAKE - Get Free Report) last issued its quarterly earnings data on Monday, June 9th. The medical instruments supplier reported ($0.41) EPS for the quarter, missing analysts' consensus estimates of $0.27 by ($0.68). The company had revenue of $46.75 million for the quarter, compared to the consensus estimate of $48.84 million. Lakeland Industries had a positive return on equity of 1.66% and a negative net margin of 0.42%. During the same quarter in the previous year, the company earned $0.22 earnings per share.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Jane Street Group LLC boosted its stake in Lakeland Industries by 107.7% during the first quarter. Jane Street Group LLC now owns 40,180 shares of the medical instruments supplier's stock valued at $816,000 after buying an additional 20,832 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Lakeland Industries by 42.3% during the first quarter. Goldman Sachs Group Inc. now owns 44,435 shares of the medical instruments supplier's stock valued at $902,000 after buying an additional 13,219 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Lakeland Industries during the first quarter valued at about $332,000. Ancora Advisors LLC boosted its stake in Lakeland Industries by 85.1% during the first quarter. Ancora Advisors LLC now owns 276,688 shares of the medical instruments supplier's stock valued at $5,620,000 after buying an additional 127,195 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in Lakeland Industries during the first quarter valued at about $164,000. Institutional investors own 71.69% of the company's stock.

Lakeland Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Thursday, May 15th were paid a dividend of $0.03 per share. The ex-dividend date was Thursday, May 15th. This represents a $0.12 annualized dividend and a yield of 0.86%. 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.