Lands’ End (NASDAQ:LE) Lowered to Buy Rating by StockNews.com

StockNews.com lowered shares of Lands’ End (NASDAQ:LE) from a strong-buy rating to a buy rating in a research report report published on Monday.

Lands’ End Price Performance

Shares of NASDAQ LE opened at $11.91 on Monday. The firm’s 50-day moving average price is $13.08 and its 200-day moving average price is $14.86. Lands’ End has a 1-year low of $7.64 and a 1-year high of $19.88. The firm has a market capitalization of $368.38 million, a P/E ratio of -18.05 and a beta of 2.71. The company has a current ratio of 1.74, a quick ratio of 0.45 and a debt-to-equity ratio of 1.29.

Lands’ End (NASDAQ:LE) last released its earnings results on Thursday, December 5th. The company reported $0.06 earnings per share 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%. Equities research analysts anticipate that Lands’ End will post 0.41 earnings per share for the current fiscal year.

Institutional Trading of Lands’ End

Large investors have recently made changes to their positions in the stock. Quarry LP purchased a new stake in Lands’ End during the fourth quarter valued at $41,000. SG Americas Securities LLC bought a new position in shares of Lands’ End in the third quarter worth about $101,000. AlphaQuest LLC bought a new position in shares of Lands’ End in the fourth quarter worth about $101,000. Wells Fargo & Company MN grew its holdings in Lands’ End by 18.4% during the 4th quarter. Wells Fargo & Company MN now owns 10,033 shares of the company’s stock worth $132,000 after acquiring an additional 1,559 shares in the last quarter. Finally, Inceptionr LLC bought a new position in Lands’ End during the 4th quarter worth about $150,000. 37.46% of the stock is currently owned by institutional investors.

About Lands’ End

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.