Roth Capital Has Optimistic Outlook of LAKE FY2026 Earnings

Key Points

• Roth Capital has significantly raised its earnings estimate for Lakeland Industries' FY2026, projecting earnings per share of $0.47, up from a previous estimate of $0.18.
• Despite recent upgrades from various research firms, including Zacks Research upgrading to a "hold," Lakeland Industries' stock still faces downward price adjustments, with DA Davidson lowering its target from $23.00 to $20.00.
• Lakeland Industries recently declared a quarterly dividend of $0.03 per share, representing an annualized yield of 0.8%, marking interest from institutional investors as they now hold around 71.69% of the stock.

Lakeland Industries, Inc. (NASDAQ:LAKE - Free Report) - Research analysts at Roth Capital increased their FY2026 earnings estimates for shares of Lakeland Industries in a report released on Wednesday, September 10th. Roth Capital analyst G. Sweeney now anticipates that the medical instruments supplier will post earnings per share of $0.47 for the year, up from their previous forecast of $0.18. The consensus estimate for Lakeland Industries' current full-year earnings is $0.48 per share.

Lakeland Industries (NASDAQ:LAKE - Get Free Report) last posted its earnings results on Tuesday, September 9th. The medical instruments supplier reported $0.36 EPS 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 business 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.

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

Lakeland Industries Stock Up 0.7%

Shares of LAKE stock traded up $0.10 on Friday, reaching $14.59. 88,900 shares of the company were exchanged, compared to its average volume of 128,465. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.66 and a quick ratio of 1.41. The company has a 50-day moving average of $14.57 and a 200-day moving average of $16.39. The company has a market cap of $139.63 million, a price-to-earnings ratio of -5.32 and a beta of 1.11. Lakeland Industries has a one year low of $12.76 and a one year high of $27.28.

Institutional Trading of Lakeland Industries

Institutional investors and hedge funds have recently bought and sold shares of the stock. High Falls Advisors Inc grew its stake in shares of Lakeland Industries by 2.2% in the 1st quarter. High Falls Advisors Inc now owns 28,061 shares of the medical instruments supplier's stock worth $570,000 after buying an additional 599 shares in the last quarter. Northern Trust Corp lifted its position in shares of Lakeland Industries by 4.5% in the 4th quarter. Northern Trust Corp now owns 14,799 shares of the medical instruments supplier's stock worth $378,000 after purchasing an additional 635 shares during the period. Jefferies Financial Group Inc. lifted its position in shares of Lakeland Industries by 4.5% in the 1st quarter. Jefferies Financial Group Inc. now owns 20,348 shares of the medical instruments supplier's stock worth $413,000 after purchasing an additional 883 shares during the period. Diversified Investment Strategies LLC lifted its position in shares of Lakeland Industries by 2.6% in the 2nd quarter. Diversified Investment Strategies LLC now owns 40,000 shares of the medical instruments supplier's stock worth $544,000 after purchasing an additional 1,000 shares during the period. Finally, First Trust Advisors LP lifted its position in shares of Lakeland Industries by 4.2% in the 2nd quarter. First Trust Advisors LP now owns 28,554 shares of the medical instruments supplier's stock worth $389,000 after purchasing an additional 1,149 shares during the period. 71.69% of the stock is currently owned by institutional investors.

Lakeland Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Shareholders of record on Friday, August 15th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Friday, August 15th. 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.