Key Points
- Insider sale: Lands’ End insider Kym Maas sold 10,000 shares at an average price of $10.59, worth $105,900. The sale reduced Maas’s direct ownership by 28.01% to 25,706 shares.
- Stock and earnings: Lands’ End shares opened at $10.50, near the lower end of their 52-week range of $9.56 to $20.04. The company recently reported quarterly EPS of $0.09, matching estimates, and revenue of $302.04 million, slightly above expectations.
- Institutional and analyst sentiment: Institutional investors own 37.46% of the company, with several major firms recently initiating or increasing positions. Analysts have a consensus “Moderate Buy” rating and an average price target of $20.00, although ratings include both Buy and Hold recommendations.
Lands' End, Inc. (NASDAQ:LE - Get Free Report) insider Kym Maas sold 10,000 shares of the stock in a transaction on Wednesday, October 7th. The shares were sold at an average price of $10.59, for a total value of $105,900.00. Following the completion of the sale, the insider directly owned 25,706 shares of the company's stock, valued at $272,226.54. The trade was a 28.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Lands' End Price Performance
Shares of NASDAQ:LE opened at $10.50 on Friday. The company has a current ratio of 1.58, a quick ratio of 0.32 and a debt-to-equity ratio of 0.12. The stock has a market cap of $310.17 million, a PE ratio of 0.93 and a beta of 2.25. The stock's fifty day simple moving average is $11.34 and its two-hundred day simple moving average is $11.53. Lands' End, Inc. has a 1-year low of $9.56 and a 1-year high of $20.04.
Lands' End (NASDAQ:LE - Get Free Report) last posted its earnings results on Thursday, September 3rd. The company reported $0.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.09. The firm had revenue of $302.04 million during the quarter, compared to analyst estimates of $300.67 million. Lands' End had a net margin of 26.62% and a return on equity of 7.96%. Lands' End has set its FY 2026 guidance at 0.440-0.720 EPS and its Q3 2026 guidance at 0.070-0.200 EPS. As a group, analysts forecast that Lands' End, Inc. will post 0.47 EPS for the current fiscal year.
Institutional Investors Weigh In On Lands' End
Several institutional investors have recently made changes to their positions in LE. Weiss Asset Management LP purchased a new stake in Lands' End during the 1st quarter worth about $8,990,000. Bank of America Corp DE purchased a new position in Lands' End during the 2nd quarter valued at about $3,943,000. BlackRock Inc. purchased a new position in Lands' End during the 2nd quarter valued at about $9,237,000. Empowered Funds LLC bought a new stake in shares of Lands' End during the second quarter valued at about $1,293,000. Finally, Towerview LLC increased its position in shares of Lands' End by 37.5% during the first quarter. Towerview LLC now owns 592,701 shares of the company's stock valued at $6,662,000 after buying an additional 161,701 shares during the period. Hedge funds and other institutional investors own 37.46% of the company's stock.
Analysts Set New Price Targets
Several equities research analysts have commented on LE shares. Wall Street Zen lowered shares of Lands' End from a "buy" rating to a "hold" rating in a research note on Saturday, June 13th. Noble Financial initiated coverage on Lands' End in a report on Thursday, June 18th. They issued an "outperform" rating and a $20.00 target price for the company. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Lands' End in a report on Tuesday, September 8th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $20.00.
View Our Latest Stock Report on LE
Lands' End Company Profile
(
Get Free Report)
Lands' End, Inc is a direct-to-consumer lifestyle apparel and home products company. It offers clothing for women, men and children, including outerwear, swimwear, activewear, casual apparel and accessories. The company also sells home furnishings and décor, as well as products for its business, school and corporate uniform programs.
Lands' End primarily reaches customers through its e-commerce websites, catalogs and company-operated stores, with additional distribution through select third-party channels.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
