Lands' End (NASDAQ:LE) Raised to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen has upgraded Lands' End from a "hold" to a "buy" rating, indicating increased confidence in the company's potential performance.
• Lands' End reported a quarterly earnings per share (EPS) of ($0.06), which missed analysts' expectations by $0.03, despite revenues of $294.08 million.
• Institutional investors are actively increasing their stakes in Lands' End, with Towerview LLC boosting its investment by 13.7% in the second quarter.

Lands' End (NASDAQ:LE - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a note issued to investors on Saturday.

Lands' End Trading Up 1.3%

Shares of NASDAQ LE traded up $0.21 during trading hours on Friday, hitting $15.51. The company's stock had a trading volume of 201,605 shares, compared to its average volume of 284,908. Lands' End has a 12 month low of $7.65 and a 12 month high of $19.88. The stock has a market cap of $473.21 million, a price-to-earnings ratio of 86.62 and a beta of 2.34. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.41 and a current ratio of 1.62. The business has a 50-day simple moving average of $13.17 and a 200-day simple moving average of $10.85.

Lands' End (NASDAQ:LE - Get Free Report) last released its quarterly earnings data on Tuesday, September 9th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.03). The business had revenue of $294.08 million during the quarter, compared to analysts' expectations of $323.96 million. Lands' End had a return on equity of 5.32% and a net margin of 0.46%.During the same quarter last year, the business posted ($0.02) EPS. Lands' End has set its Q3 2025 guidance at 0.100-0.220 EPS. FY 2025 guidance at 0.620-0.88 EPS. On average, analysts anticipate that Lands' End will post 0.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Lands' End

Several hedge funds and other institutional investors have recently modified their holdings of LE. American Century Companies Inc. lifted its holdings in Lands' End by 9.5% in the first quarter. American Century Companies Inc. now owns 408,385 shares of the company's stock worth $4,157,000 after buying an additional 35,449 shares during the period. Nuveen LLC bought a new position in shares of Lands' End in the 1st quarter worth approximately $623,000. SG Americas Securities LLC purchased a new position in shares of Lands' End in the 1st quarter valued at approximately $582,000. Bank of America Corp DE boosted its position in shares of Lands' End by 320.8% during the fourth quarter. Bank of America Corp DE now owns 51,811 shares of the company's stock valued at $681,000 after purchasing an additional 39,499 shares in the last quarter. Finally, Towerview LLC grew its stake in Lands' End by 28.2% in the first quarter. Towerview LLC now owns 420,000 shares of the company's stock worth $4,276,000 after purchasing an additional 92,500 shares during the period. Hedge funds and other institutional investors own 37.46% of the company's stock.

About Lands' End

Lands' End, Inc operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniform in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.