Q3 EPS Forecast for Lakeland Industries Lowered by Analyst

Lakeland Industries, Inc. (NASDAQ:LAKE) – Equities research analysts at Roth Capital reduced their Q3 2026 earnings per share (EPS) estimates for Lakeland Industries in a report issued on Tuesday, June 10th. Roth Capital analyst G. Sweeney now forecasts that the medical instruments supplier will earn $0.26 per share 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.

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

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

Lakeland Industries Trading Up 0.7%

Shares of NASDAQ LAKE opened at $15.18 on Wednesday. The company has a market cap of $144.38 million, a price-to-earnings ratio of -168.67 and a beta of 1.13. Lakeland Industries has a 12-month low of $14.00 and a 12-month high of $27.28. The company has a current ratio of 4.23, a quick ratio of 1.77 and a debt-to-equity ratio of 0.25. The stock’s 50 day simple moving average is $17.34 and its 200 day simple moving average is $21.01.

Institutional Trading of Lakeland Industries

Hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc bought a new stake in shares of Lakeland Industries during the fourth quarter worth about $36,000. Russell Investments Group Ltd. bought a new stake in Lakeland Industries in the 4th quarter worth $160,000. Cubist Systematic Strategies LLC bought a new stake in shares of Lakeland Industries during the 1st quarter valued at about $164,000. Bank of America Corp DE boosted its stake in shares of Lakeland Industries by 114.1% during the 4th 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 in the last quarter. Finally, Metis Global Partners LLC bought a new stake in Lakeland Industries during the fourth quarter worth about $207,000. Institutional investors and hedge funds own 71.69% of the company’s stock.

Lakeland Industries Announces Dividend

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

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.