Q3 EPS Estimate for Lakeland Industries Decreased by Analyst

Lakeland Industries, Inc. (NASDAQ:LAKE) – Analysts at Roth Capital cut their Q3 2026 EPS estimates for shares of Lakeland Industries in a research report issued on Tuesday, June 10th. Roth Capital analyst G. Sweeney now forecasts that the medical instruments supplier will post earnings per share of $0.26 for the quarter, down from their previous forecast of $0.36. The consensus estimate for Lakeland Industries’ current full-year earnings is $0.48 per share. Roth Capital also issued estimates for Lakeland Industries’ Q4 2026 earnings at $0.37 EPS.

Several other analysts have also recently commented on the stock. Wall Street Zen upgraded shares of Lakeland Industries to a “sell” rating in a research note on Wednesday, May 7th. DA Davidson cut their price objective on shares of Lakeland Industries from $28.00 to $23.00 and set a “buy” rating for the company in a report on Tuesday, April 15th. Finally, Lake Street Capital set a $26.00 target price on shares of Lakeland Industries and gave the stock a “buy” rating in a research note on Tuesday.

Lakeland Industries Stock Up 0.7%

LAKE stock opened at $15.18 on Wednesday. The firm has a 50 day moving average of $17.34 and a 200 day moving average of $21.01. The stock has a market capitalization of $144.38 million, a PE ratio of -168.67 and a beta of 1.13. The company has a quick ratio of 1.77, a current ratio of 4.23 and a debt-to-equity ratio of 0.25. Lakeland Industries has a 52 week low of $14.00 and a 52 week high of $27.28.

Lakeland Industries (NASDAQ:LAKE) last released its quarterly earnings results on Monday, June 9th. The medical instruments supplier reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.68). Lakeland Industries had a negative net margin of 0.42% and a positive return on equity of 1.66%. The firm had revenue of $46.75 million during the quarter, compared to the consensus estimate of $48.84 million. During the same quarter in the prior year, the business posted $0.22 earnings per share.

Lakeland Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Thursday, May 15th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend was Thursday, May 15th. Lakeland Industries’s dividend payout ratio (DPR) is -3.99%.

Institutional Trading of Lakeland Industries

A number of large investors have recently bought and sold shares of the business. IFP Advisors Inc acquired a new stake in shares of Lakeland Industries in the fourth quarter valued at about $36,000. Russell Investments Group Ltd. acquired a new stake in shares of Lakeland Industries in the fourth quarter valued at about $160,000. Bank of America Corp DE lifted its stake in shares of Lakeland Industries by 114.1% in the fourth quarter. Bank of America Corp DE now owns 7,657 shares of the medical instruments supplier’s stock valued at $196,000 after purchasing an additional 4,081 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in shares of Lakeland Industries in the first quarter valued at about $164,000. Finally, Metis Global Partners LLC acquired a new stake in shares of Lakeland Industries in the fourth quarter valued at about $207,000. Institutional investors and hedge funds own 71.69% of the company’s stock.

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.