Lands’ End (NASDAQ:LE) Upgraded at StockNews.com

StockNews.com upgraded shares of Lands’ End (NASDAQ:LE) from a buy rating to a strong-buy rating in a research report sent to investors on Thursday morning.

Lands’ End Stock Up 0.6 %

NASDAQ LE opened at $13.46 on Thursday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.45 and a current ratio of 1.74. Lands’ End has a 52 week low of $7.64 and a 52 week high of $19.88. The stock has a market capitalization of $416.32 million, a P/E ratio of -20.39 and a beta of 2.75. The stock has a fifty day moving average of $14.06 and a 200-day moving average of $15.37.

Lands’ End (NASDAQ:LE) last released its earnings results on Thursday, December 5th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. Lands’ End had a negative net margin of 1.46% and a positive return on equity of 1.24%. On average, equities research analysts forecast that Lands’ End will post 0.41 EPS for the current year.

Institutional Investors Weigh In On Lands’ End

Several large investors have recently bought and sold shares of LE. SG Americas Securities LLC bought a new stake in shares of Lands’ End during the third quarter worth $101,000. XTX Topco Ltd acquired a new position in shares of Lands’ End during the second quarter worth about $343,000. AQR Capital Management LLC bought a new stake in Lands’ End in the 2nd quarter valued at approximately $353,000. Simplicity Wealth LLC boosted its position in Lands’ End by 2.5% during the 3rd quarter. Simplicity Wealth LLC now owns 28,159 shares of the company’s stock worth $486,000 after acquiring an additional 700 shares during the last quarter. Finally, Barclays PLC raised its holdings in shares of Lands’ End by 82.3% in the third quarter. Barclays PLC now owns 29,940 shares of the company’s stock valued at $517,000 after purchasing an additional 13,520 shares during the last quarter. Institutional investors own 37.46% of the company’s stock.

Lands’ End Company Profile

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.