Roth Capital Has Strong Forecast for LAKE FY2026 Earnings

Lakeland Industries, Inc. (NASDAQ:LAKE) – Analysts at Roth Capital raised their FY2026 earnings per share (EPS) estimates for Lakeland Industries in a research report issued to clients and investors on Tuesday, September 16th. Roth Capital analyst G. Sweeney now forecasts that the medical instruments supplier will post earnings per share of $0.50 for the year, up from their previous forecast of $0.47. The consensus estimate for Lakeland Industries’ current full-year earnings is $0.48 per share.

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

Other research analysts have also issued reports about the company. Lake Street Capital set a $26.00 price objective on Lakeland Industries and gave the company a “buy” rating in a research report on Tuesday, June 10th. Zacks Research raised Lakeland Industries from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 14th. DA Davidson dropped their target price on Lakeland Industries from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, September 11th. Finally, Wall Street Zen raised Lakeland Industries from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $25.00.

Lakeland Industries Trading Down 0.2%

NASDAQ:LAKE opened at $14.56 on Wednesday. The business’s 50-day moving average is $14.57 and its two-hundred day moving average is $16.37. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.66 and a quick ratio of 1.41. Lakeland Industries has a 12 month low of $12.76 and a 12 month high of $27.28. The firm has a market capitalization of $139.35 million, a PE ratio of -5.31 and a beta of 1.11.

Hedge Funds Weigh In On Lakeland Industries

A number of hedge funds have recently bought and sold shares of LAKE. Northern Trust Corp grew its stake in Lakeland Industries by 4.5% in the fourth quarter. Northern Trust Corp now owns 14,799 shares of the medical instruments supplier’s stock worth $378,000 after purchasing an additional 635 shares in the last quarter. Jane Street Group LLC acquired a new position in Lakeland Industries in the fourth quarter worth about $494,000. Bank of America Corp DE grew its stake in 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 worth $196,000 after purchasing an additional 4,081 shares in the last quarter. Millennium Management LLC grew its stake in Lakeland Industries by 166.1% in the fourth quarter. Millennium Management LLC now owns 27,783 shares of the medical instruments supplier’s stock worth $710,000 after purchasing an additional 17,344 shares in the last quarter. Finally, Delta Investment Management LLC acquired a new position in Lakeland Industries in the fourth quarter worth about $445,000. 71.69% of the stock is currently owned by institutional investors and hedge funds.

Lakeland Industries Dividend Announcement

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

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.