Roth Capital Has Negative Estimate for LAKE Q3 Earnings

Lakeland Industries, Inc. (NASDAQ:LAKE) – Equities researchers at Roth Capital dropped their Q3 2026 earnings estimates for shares of Lakeland Industries in a note issued to investors on Wednesday, September 10th. Roth Capital analyst G. Sweeney now anticipates that the medical instruments supplier will post earnings per share of $0.18 for the quarter, down from their previous estimate of $0.26. 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 $0.27 EPS and FY2027 earnings at $1.16 EPS.

Lakeland Industries (NASDAQ:LAKE) last issued its quarterly earnings data on Tuesday, September 9th. The medical instruments supplier reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.40. Lakeland Industries had a negative net margin of 11.22% and a negative return on equity of 3.07%. The company had revenue of $52.50 million for the quarter, compared to the consensus estimate of $54.59 million. Lakeland Industries has set its FY 2026 guidance at EPS.

Several other analysts also recently weighed in on LAKE. DA Davidson lowered their target price on shares of Lakeland Industries from $23.00 to $20.00 and set a “buy” rating on the stock in a report on Thursday. Zacks Research raised shares of Lakeland Industries from a “strong sell” rating to a “hold” rating in a report on Thursday, August 14th. Finally, Lake Street Capital set a $26.00 target price on shares of Lakeland Industries and gave the company a “buy” rating in a report on Tuesday, June 10th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Lakeland Industries currently has an average rating of “Moderate Buy” and a consensus price target of $25.00.

Lakeland Industries Stock Up 3.2%

Shares of NASDAQ:LAKE opened at $14.24 on Thursday. The company has a market cap of $135.49 million, a price-to-earnings ratio of -5.20 and a beta of 1.11. The firm’s 50-day simple moving average is $14.54 and its 200-day simple moving average is $16.61. The company has a quick ratio of 1.51, a current ratio of 3.66 and a debt-to-equity ratio of 0.19. Lakeland Industries has a fifty-two week low of $12.76 and a fifty-two week high of $27.28.

Lakeland Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 22nd. Investors of record on Friday, August 15th were paid a $0.03 dividend. The ex-dividend date was Friday, August 15th. This represents a $0.12 annualized dividend and a dividend yield of 0.8%. Lakeland Industries’s dividend payout ratio (DPR) is -4.38%.

Institutional Trading of Lakeland Industries

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. High Falls Advisors Inc lifted its stake in shares of Lakeland Industries by 2.2% in the first quarter. High Falls Advisors Inc now owns 28,061 shares of the medical instruments supplier’s stock valued at $570,000 after purchasing an additional 599 shares during the period. Northern Trust Corp lifted its holdings in shares of Lakeland Industries by 4.5% in the fourth quarter. Northern Trust Corp now owns 14,799 shares of the medical instruments supplier’s stock valued at $378,000 after purchasing an additional 635 shares in the last quarter. Jefferies Financial Group Inc. lifted its holdings in shares of Lakeland Industries by 4.5% in the first quarter. Jefferies Financial Group Inc. now owns 20,348 shares of the medical instruments supplier’s stock valued at $413,000 after purchasing an additional 883 shares in the last quarter. Diversified Investment Strategies LLC lifted its holdings in shares of Lakeland Industries by 2.6% in the second quarter. Diversified Investment Strategies LLC now owns 40,000 shares of the medical instruments supplier’s stock valued at $544,000 after purchasing an additional 1,000 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of Lakeland Industries by 4.2% in the second quarter. First Trust Advisors LP now owns 28,554 shares of the medical instruments supplier’s stock valued at $389,000 after purchasing an additional 1,149 shares in the last quarter. 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.