Lands’ End (NASDAQ:LE) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Lands’ End (NASDAQ:LE) from a buy rating to a strong-buy rating in a report released on Thursday.

Lands’ End Stock Performance

Shares of LE stock opened at $13.46 on Thursday. The company has a fifty day moving average price of $14.06 and a two-hundred day moving average price of $15.37. Lands’ End has a one year low of $7.64 and a one year high of $19.88. The stock has a market cap of $416.32 million, a P/E ratio of -20.39 and a beta of 2.75. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.74 and a quick ratio of 0.45.

Lands’ End (NASDAQ:LE) last issued its earnings results on Thursday, December 5th. The company reported $0.06 earnings per share (EPS) for the quarter, beating 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%. As a group, equities analysts predict that Lands’ End will post 0.41 EPS for the current year.

Institutional Trading of Lands’ End

Several institutional investors have recently added to or reduced their stakes in the company. Simplicity Wealth LLC lifted its holdings in shares of Lands’ End by 2.5% during the 3rd quarter. Simplicity Wealth LLC now owns 28,159 shares of the company’s stock worth $486,000 after acquiring an additional 700 shares during the period. Geode Capital Management LLC lifted its holdings in Lands’ End by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 314,514 shares of the company’s stock worth $5,432,000 after buying an additional 1,729 shares during the period. State Street Corp increased its position in Lands’ End by 0.9% during the 3rd quarter. State Street Corp now owns 294,053 shares of the company’s stock valued at $5,078,000 after purchasing an additional 2,556 shares during the period. Empowered Funds LLC lifted its holdings in Lands’ End by 5.3% in the third quarter. Empowered Funds LLC now owns 61,562 shares of the company’s stock valued at $1,063,000 after buying an additional 3,082 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Lands’ End by 3.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 102,706 shares of the company’s stock worth $1,774,000 after purchasing an additional 3,288 shares in the last quarter. 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.