NASDAQ:LAKE - Lakeland Industries Stock Price, Forecast & News

Lakeland Industries trades on the NASDAQ under the ticker symbol "LAKE."

Lakeland Industries, Inc. (NASDAQ:LAKE) released its earnings results on Monday, December, 9th. The medical instruments supplier reported $0.18 EPS for the quarter, hitting analysts' consensus estimates of $0.18. The medical instruments supplier had revenue of $27.46 million for the quarter, compared to the consensus estimate of $27.01 million. Lakeland Industries had a net margin of 0.14% and a return on equity of 2.81%. View Lakeland Industries' Earnings History.

Lakeland Industries is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for Lakeland Industries.

1 equities research analysts have issued 1-year price targets for Lakeland Industries' shares. Their forecasts range from $15.00 to $15.00. On average, they expect Lakeland Industries' share price to reach $15.00 in the next year. This suggests that the stock has a possible downside of 24.9%. View Analyst Price Targets for Lakeland Industries.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lakeland Industries in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lakeland Industries.

Press coverage about LAKE stock has been trending negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lakeland Industries earned a news impact score of -2.8 on InfoTrie's scale. They also gave press coverage about the medical instruments supplier a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Lakeland Industries.

Lakeland Industries saw a increase in short interest in February. As of February 14th, there was short interest totalling 272,700 shares, an increase of 2,472.6% from the January 30th total of 10,600 shares. Based on an average daily volume of 225,800 shares, the days-to-cover ratio is presently 1.2 days. Currently, 3.7% of the company's shares are sold short. View Lakeland Industries' Current Options Chain.

Some companies that are related to Lakeland Industries include Establishment Labs (ESTA), RTI Surgical (RTIX), Invacare (IVC), Sientra (SIEN), ConforMIS (CFMS), COLLPLANT HOLDI/S (CLGN), Histogenics (HSGX), Allied Healthcare Products (AHPI), NanoVibronix (NAOV), Bionik Laboratories (BNKL), Rewalk Robotics (RWLK), Precision Therapeutics (POAI), Ocugen (OCGN) and Avitar (AVTI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Lakeland Industries investors own include Gilead Sciences (GILD), Inovio Pharmaceuticals (INO), Alibaba Group (BABA), Walt Disney (DIS), Arbutus Biopharma (ABUS), Corbus Pharmaceuticals (CRBP), Netflix (NFLX), AbbVie (ABBV), Canopy Growth (CGC) and CVS Health (CVS).

Lakeland Industries' stock is owned by a number of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (6.99%), Ariel Investments LLC (6.75%), North Star Investment Management Corp. (2.81%), Ancora Advisors LLC (2.78%), Perritt Capital Management Inc. (0.25%) and RMB Capital Management LLC (0.20%). View Institutional Ownership Trends for Lakeland Industries.

LAKE stock was sold by a variety of institutional investors in the last quarter, including Ariel Investments LLC and Perritt Capital Management Inc.. View Insider Buying and Selling for Lakeland Industries.

LAKE stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, RMB Capital Management LLC, Blair William & Co. IL, Ancora Advisors LLC, UBS Group AG and North Star Investment Management Corp.. View Insider Buying and Selling for Lakeland Industries.

Shares of LAKE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of LAKE stock can currently be purchased for approximately $19.97.

Lakeland Industries has a market capitalization of $159.96 million and generates $99.01 million in revenue each year. The medical instruments supplier earns $1.46 million in net income (profit) each year or $0.41 on an earnings per share basis. Lakeland Industries employs 1,632 workers across the globe.View Additional Information About Lakeland Industries.

The official website for Lakeland Industries is http://www.lakeland.com/.

Lakeland Industries' mailing address is 3555 VETERANS MEMORIAL HIGHWAY SUITE C, RONKONKOMA NY, 11779. The medical instruments supplier can be reached via phone at 631-981-9700.