Roth Capital Has Bullish Estimate for 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) - Equities research analysts at Roth Capital raised their FY2026 earnings estimates for shares of Lakeland Industries in a report released on Wednesday, September 10th. Roth Capital analyst G. Sweeney now forecasts that the medical instruments supplier will post earnings of $0.47 per share 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.

LAKE has been the topic of a number of other reports. DA Davidson dropped 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 raised shares of Lakeland Industries from a "strong sell" rating to a "hold" rating in a report on Thursday, August 14th. 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, Wall Street Zen raised shares of Lakeland Industries from a "sell" rating to a "hold" rating in a report on Saturday. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Lakeland Industries has a consensus rating of "Moderate Buy" and an average price target of $25.00.

Lakeland Industries Stock Up 1.6%

NASDAQ:LAKE traded up $0.24 on Friday, hitting $14.83. 37,298 shares of the company's stock were exchanged, compared to its average volume of 127,929. The firm has a 50-day moving average price of $14.57 and a 200-day moving average price of $16.38. 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 52 week low of $12.76 and a 52 week high of $27.28. The company has a market cap of $141.88 million, a P/E ratio of -5.40 and a beta of 1.11.

Lakeland Industries (NASDAQ:LAKE - Get Free Report) last issued its quarterly 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 firm had revenue of $52.50 million for the quarter, compared to analysts' expectations of $54.59 million. Lakeland Industries has set its FY 2026 guidance at EPS.

Lakeland Industries Announces Dividend

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

Hedge Funds Weigh In On Lakeland Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Salem Investment Counselors Inc. bought a new position in shares of Lakeland Industries during the second quarter valued at $28,000. Police & Firemen s Retirement System of New Jersey acquired a new position in shares of Lakeland Industries during the second quarter valued at about $31,000. Bank of America Corp DE lifted its position in shares of Lakeland Industries by 189.9% during the second quarter. Bank of America Corp DE now owns 4,177 shares of the medical instruments supplier's stock valued at $57,000 after purchasing an additional 2,736 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of Lakeland Industries during the second quarter valued at about $59,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Lakeland Industries in the second quarter worth about $68,000. Institutional investors own 71.69% of the company's stock.

Lakeland Industries Company Profile

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.