Stock Traders Purchase Large Volume of Lands’ End Put Options (NASDAQ:LE)

Lands’ End, Inc. (NASDAQ:LE) was the target of unusually large options trading on Friday. Investors bought 2,602 put options on the company. This is an increase of 1,041% compared to the typical daily volume of 228 put options.

Lands’ End Stock Up 0.5%

NASDAQ LE opened at $18.92 on Friday. The stock has a 50 day moving average price of $16.19 and a 200-day moving average price of $15.39. Lands’ End has a one year low of $7.65 and a one year high of $20.04. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.43 and a current ratio of 1.76. The company has a market capitalization of $578.01 million, a P/E ratio of 51.14 and a beta of 2.32.

Lands’ End (NASDAQ:LE) last announced its quarterly earnings results on Tuesday, December 9th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.04. Lands’ End had a net margin of 0.89% and a return on equity of 7.32%. The company had revenue of $317.49 million for the quarter, compared to analysts’ expectations of $330.93 million. During the same quarter in the previous year, the business posted $0.06 earnings per share. Lands’ End has set its FY 2025 guidance at 0.680-0.810 EPS and its Q4 2025 guidance at 0.710-0.840 EPS. As a group, equities analysts predict that Lands’ End will post 0.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

LE has been the subject of a number of analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Lands’ End in a research note on Monday, December 29th. Wall Street Zen raised shares of Lands’ End from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Institutional Investors Weigh In On Lands’ End

Several institutional investors have recently modified their holdings of the stock. SummerHaven Investment Management LLC purchased a new stake in Lands’ End during the 3rd quarter valued at $1,053,000. Towerview LLC raised its stake in shares of Lands’ End by 13.7% in the second quarter. Towerview LLC now owns 477,500 shares of the company’s stock valued at $5,114,000 after acquiring an additional 57,500 shares during the period. Campbell & CO Investment Adviser LLC lifted its holdings in shares of Lands’ End by 43.7% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 70,317 shares of the company’s stock worth $753,000 after acquiring an additional 21,393 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Lands’ End during the 2nd quarter worth about $129,000. Finally, Gamco Investors INC. ET AL grew its holdings in Lands’ End by 1.5% during the 2nd quarter. Gamco Investors INC. ET AL now owns 322,400 shares of the company’s stock valued at $3,453,000 after purchasing an additional 4,700 shares during the last quarter. 37.46% of the stock is owned by institutional investors.

Lands’ End Company Profile

Lands’ End, Inc (NASDAQ: LE) is an American retailer specializing in casual apparel, accessories and home goods. Headquartered in Dodgeville, Wisconsin, the company sells its products through a combination of direct-to-consumer channels including e-commerce, catalogues and a network of outlet stores. Lands’ End is known for its nautical-inspired designs, functional outerwear and commitment to quality fabrics.

Founded in 1963 by Gary Comer as a mail-order sailing supply business, Lands’ End rapidly expanded its product offering beyond marine gear.