LE stock traded up $0.01 on Thursday, reaching $15.11. The company’s stock had a trading volume of 289,200 shares, compared to its average volume of 256,400. The company has a quick ratio of 0.95, a current ratio of 2.20 and a debt-to-equity ratio of 1.62. The firm has a market capitalization of $565.33 million, a price-to-earnings ratio of 218.14 and a beta of -0.25. Lands’ End has a 12-month low of $10.55 and a 12-month high of $31.15.
Lands’ End (NASDAQ:LE) last announced its quarterly earnings data on Thursday, September 6th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.12). The firm had revenue of $307.95 million for the quarter, compared to analysts’ expectations of $322.20 million. Lands’ End had a net margin of 2.22% and a return on equity of 1.56%. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.12) EPS.
In related news, VP Bernard Louis Mccracken III sold 4,000 shares of Lands’ End stock in a transaction dated Friday, September 14th. The stock was sold at an average price of $17.80, for a total value of $71,200.00. Following the completion of the sale, the vice president now directly owns 604 shares in the company, valued at approximately $10,751.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is currently owned by company insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Swiss National Bank grew its stake in shares of Lands’ End by 12.7% during the 1st quarter. Swiss National Bank now owns 24,010 shares of the company’s stock valued at $561,000 after purchasing an additional 2,700 shares during the period. Northern Trust Corp grew its stake in shares of Lands’ End by 2.3% during the 1st quarter. Northern Trust Corp now owns 156,975 shares of the company’s stock valued at $3,665,000 after purchasing an additional 3,557 shares during the period. Metropolitan Life Insurance Co. NY bought a new stake in shares of Lands’ End during the 2nd quarter valued at about $111,000. Legal & General Group Plc grew its stake in shares of Lands’ End by 129.8% during the 1st quarter. Legal & General Group Plc now owns 7,150 shares of the company’s stock valued at $167,000 after purchasing an additional 4,039 shares during the period. Finally, Gamco Investors INC. ET AL grew its stake in shares of Lands’ End by 5.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 99,000 shares of the company’s stock valued at $2,762,000 after purchasing an additional 5,000 shares during the period. Institutional investors own 48.64% of the company’s stock.
Lands’ End Company Profile
Lands' End, Inc operates as a multi-channel retailer in the United States, the United Kingdom, Germany, and Japan. The company operates in two segments, Direct and Retail. It offers casual clothing, accessories, footwear, and home products. The company sells its products online through landsend.com, and affiliated specialty and international Websites; direct mail catalogs; and retail locations primarily at Lands' End Shops at Sears, Lands' End stores, and international shop-in-shops.
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