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

Lands’ End (NASDAQ:LE) was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued on Thursday.

Lands’ End Stock Down 0.8 %

LE stock opened at $13.04 on Thursday. The company has a current ratio of 1.74, a quick ratio of 0.45 and a debt-to-equity ratio of 1.29. The firm has a 50 day simple moving average of $14.22 and a 200-day simple moving average of $15.41. The company has a market capitalization of $403.33 million, a P/E ratio of -19.76 and a beta of 2.75. Lands’ End has a twelve month low of $7.64 and a twelve month high of $19.88.

Lands’ End (NASDAQ:LE) last released its earnings results on Thursday, December 5th. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate 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 predict that Lands’ End will post 0.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Lands’ End

Hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC bought a new stake in shares of Lands’ End in the 3rd quarter worth approximately $101,000. XTX Topco Ltd acquired a new stake in Lands’ End in the second quarter worth $343,000. AQR Capital Management LLC bought a new stake in Lands’ End in the second quarter valued at $353,000. Simplicity Wealth LLC boosted its holdings in shares of Lands’ End by 2.5% during the third quarter. Simplicity Wealth LLC now owns 28,159 shares of the company’s stock valued at $486,000 after acquiring an additional 700 shares during the period. Finally, Barclays PLC grew its position in shares of Lands’ End by 82.3% during the third quarter. Barclays PLC now owns 29,940 shares of the company’s stock worth $517,000 after acquiring an additional 13,520 shares during the last quarter. Institutional investors and hedge funds 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.