Roth Capital Has Optimistic Outlook of LAKE FY2026 Earnings

Lakeland Industries, Inc. (NASDAQ:LAKE) – Roth Capital boosted their FY2026 EPS estimates for Lakeland Industries in a report released on Tuesday, December 17th. Roth Capital analyst G. Sweeney now anticipates that the medical instruments supplier will post earnings per share of $1.66 for the year, up from their prior forecast of $1.56. The consensus estimate for Lakeland Industries’ current full-year earnings is $0.51 per share.

Several other analysts also recently issued reports on the company. StockNews.com downgraded Lakeland Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, October 29th. Roth Mkm upped their price target on shares of Lakeland Industries from $27.00 to $29.00 and gave the stock a “buy” rating in a research report on Tuesday.

Lakeland Industries Stock Up 0.4 %

Lakeland Industries stock opened at $22.88 on Friday. The firm has a market capitalization of $169.45 million, a price-to-earnings ratio of -254.22 and a beta of 0.63. Lakeland Industries has a fifty-two week low of $15.10 and a fifty-two week high of $26.10. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.23 and a quick ratio of 2.00. The company’s 50 day simple moving average is $21.25 and its 200 day simple moving average is $21.84.

Lakeland Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 15th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date was Friday, November 15th. Lakeland Industries’s dividend payout ratio is -133.33%.

Institutional Trading of Lakeland Industries

Institutional investors have recently modified their holdings of the business. Inspire Advisors LLC bought a new position in shares of Lakeland Industries in the 2nd quarter worth $222,000. Total Clarity Wealth Management Inc. purchased a new position in Lakeland Industries in the 2nd quarter valued at approximately $597,000. Renaissance Technologies LLC boosted its stake in Lakeland Industries by 2.7% in the 2nd quarter. Renaissance Technologies LLC now owns 499,202 shares of the medical instruments supplier’s stock worth $11,452,000 after purchasing an additional 13,200 shares during the period. High Falls Advisors Inc increased its position in shares of Lakeland Industries by 35.8% during the second quarter. High Falls Advisors Inc now owns 19,472 shares of the medical instruments supplier’s stock valued at $447,000 after buying an additional 5,137 shares during the period. Finally, Huntington National Bank purchased a new stake in shares of Lakeland Industries in the third quarter worth about $41,000. Institutional investors own 71.69% of the company’s stock.

About Lakeland Industries

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.