Lakeland Industries, Inc. (NASDAQ:LAKE) Receives $15.20 Consensus PT from Analysts

Lakeland Industries, Inc. (NASDAQ:LAKE) has been assigned an average recommendation of “Hold” from the five research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $15.20.

A number of brokerages have issued reports on LAKE. Zacks Research raised shares of Lakeland Industries from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Maxim Group set a $16.00 price objective on shares of Lakeland Industries in a report on Monday. Lake Street Capital cut their price objective on shares of Lakeland Industries from $16.00 to $13.00 and set a “buy” rating for the company in a report on Friday, April 17th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lakeland Industries in a report on Thursday, January 22nd. Finally, DA Davidson raised shares of Lakeland Industries from a “neutral” rating to a “buy” rating and increased their price objective for the company from $10.00 to $14.00 in a report on Monday.

Key Lakeland Industries News

Here are the key news stories impacting Lakeland Industries this week:

• Positive Sentiment: DA Davidson upgraded LAKE to a Buy, which could support upside if investors focus on the firm’s growth outlook and valuation. Lakeland Industries (NASDAQ:LAKE) Raised to Buy at DA Davidson
• Neutral Sentiment: Multiple plaintiff law firms have issued deadline alerts (April 24) asking Lakeland investors to contact them about joining/leading a securities class action — procedural notices that increase headline volume but by themselves do not change the legal merits. Faruqi & Faruqi Deadline Reminder
• Negative Sentiment: A class action has been filed alleging Lakeland and certain officers violated federal securities laws for purchases between Dec. 1, 2023 and Dec. 9, 2025; such litigation raises legal costs, distracts management, and can pressure the stock. Bronstein, Gewirtz & Grossman: Class Action Filed
• Negative Sentiment: Analyst commentary and short reports highlight repeated misses (five consecutive quarters falling short of consensus) and a disconnect between management’s prior guidance and results—narratives fueling downgrades and selling pressure. Wall Street Downgrades — SueWallSt
• Negative Sentiment: Plaintiffs’ counsel points to a sharp miss vs. an $18M adjusted‑EBITDA promise for FY‑2025 (characterized as producing a large per‑share loss), strengthening the alleged misrepresentation claim. Levi & Korsinsky: EBITDA Promise vs Reality

Lakeland Industries Trading Down 5.4%

Lakeland Industries stock opened at $10.15 on Tuesday. The firm has a 50 day moving average of $9.00 and a 200 day moving average of $11.22. The firm has a market capitalization of $99.88 million, a price-to-earnings ratio of -3.93 and a beta of 1.34. Lakeland Industries has a 12-month low of $7.15 and a 12-month high of $20.50. The company has a current ratio of 3.53, a quick ratio of 1.36 and a debt-to-equity ratio of 0.24.

Institutional Investors Weigh In On Lakeland Industries

A number of institutional investors have recently added to or reduced their stakes in LAKE. BNP Paribas Financial Markets boosted its position in shares of Lakeland Industries by 87.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,795 shares of the medical instruments supplier’s stock valued at $27,000 after acquiring an additional 839 shares during the last quarter. Tripletail Wealth Management LLC bought a new position in shares of Lakeland Industries during the 3rd quarter valued at approximately $49,000. Bank of America Corp DE boosted its position in shares of Lakeland Industries by 189.9% during the 2nd quarter. Bank of America Corp DE now owns 4,177 shares of the medical instruments supplier’s stock valued at $57,000 after acquiring an additional 2,736 shares during the last quarter. JPMorgan Chase & Co. bought a new position in shares of Lakeland Industries during the 2nd quarter valued at approximately $59,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Lakeland Industries during the 2nd quarter valued at approximately $68,000. 71.69% of the stock is owned by hedge funds and other institutional investors.

About Lakeland Industries

Lakeland Industries, Inc (NASDAQ:LAKE) is a global provider of high-performance protective apparel and accessories designed to safeguard workers in industrial, healthcare, laboratory, and emergency response environments. The company’s expertise lies in producing garments that shield against chemical, biological, radiological, and thermal risks, supporting safety protocols in sectors such as oil and gas, petrochemicals, pharmaceuticals, and first responders.

The product portfolio encompasses both single-use and reusable solutions, including chemical protective coveralls, flame-resistant garments, arc flash clothing, medical isolation gowns, and cleanroom suits.