Lakeland Industries, Inc. (NASDAQ:LAKE) Forecasted to Post Q1 2025 Earnings of $0.38 Per Share

Lakeland Industries, Inc. (NASDAQ:LAKE) – Investment analysts at Roth Capital issued their Q1 2025 earnings per share estimates for Lakeland Industries in a report released on Tuesday, April 16th. Roth Capital analyst G. Sweeney expects that the medical instruments supplier will earn $0.38 per share for the quarter. The consensus estimate for Lakeland Industries’ current full-year earnings is $1.26 per share. Roth Capital also issued estimates for Lakeland Industries’ Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.50 EPS and Q4 2025 earnings at $0.42 EPS.

A number of other research firms have also recently issued reports on LAKE. TheStreet upgraded Lakeland Industries from a “c+” rating to a “b-” rating in a report on Thursday, February 1st. StockNews.com lowered shares of Lakeland Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, April 3rd.

Lakeland Industries Trading Up 3.9 %

Shares of LAKE stock opened at $16.41 on Wednesday. The company has a market capitalization of $120.94 million, a price-to-earnings ratio of 23.11 and a beta of 0.47. The company has a 50-day simple moving average of $16.92 and a two-hundred day simple moving average of $16.42. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.74 and a current ratio of 5.53. Lakeland Industries has a 52-week low of $10.60 and a 52-week high of $19.66.

Lakeland Industries (NASDAQ:LAKE) last issued its quarterly earnings results on Wednesday, April 10th. The medical instruments supplier reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.08). Lakeland Industries had a return on equity of 6.63% and a net margin of 4.33%. The business had revenue of $31.20 million for the quarter, compared to analyst estimates of $32.50 million.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Private Capital Management LLC grew its holdings in Lakeland Industries by 5.2% during the 1st quarter. Private Capital Management LLC now owns 1,178,797 shares of the medical instruments supplier’s stock valued at $17,210,000 after buying an additional 57,800 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Lakeland Industries by 1.7% during the first quarter. Wellington Management Group LLP now owns 710,842 shares of the medical instruments supplier’s stock worth $13,641,000 after acquiring an additional 12,219 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Lakeland Industries by 3.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 592,743 shares of the medical instruments supplier’s stock valued at $7,883,000 after purchasing an additional 18,661 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Lakeland Industries by 0.3% during the second quarter. Renaissance Technologies LLC now owns 579,602 shares of the medical instruments supplier’s stock valued at $8,903,000 after buying an additional 1,800 shares during the last quarter. Finally, Royce & Associates LP grew its stake in Lakeland Industries by 20.8% during the 1st quarter. Royce & Associates LP now owns 514,397 shares of the medical instruments supplier’s stock worth $7,510,000 after buying an additional 88,535 shares during the last quarter. 71.69% of the stock is currently owned by institutional investors.

Lakeland Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 22nd. Stockholders of record on Thursday, February 15th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.73%. The ex-dividend date was Wednesday, February 14th. Lakeland Industries’s dividend payout ratio (DPR) is presently 16.90%.

Lakeland Industries Company Profile

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.