EPS for Lakeland Industries, Inc. (LAKE) Expected At $0.19

December 8, 2017 - By Peter Erickson

 EPS for Lakeland Industries, Inc. (LAKE) Expected At $0.19
Investors sentiment increased to 2.75 in Q2 2017. Its up 0.97, from 1.78 in 2017Q1. It improved, as 1 investors sold Lakeland Industries, Inc. shares while 7 reduced holdings. 9 funds opened positions while 13 raised stakes. 3.34 million shares or 5.83% more from 3.16 million shares in 2017Q1 were reported.
The Minnesota-based Us Financial Bank De has invested 0% in Lakeland Industries, Inc. (NASDAQ:LAKE). Renaissance Techs Ltd Liability Co holds 0.01% of its portfolio in Lakeland Industries, Inc. (NASDAQ:LAKE) for 410,924 shares. Acadian Asset Ltd Liability Corporation has invested 0% in Lakeland Industries, Inc. (NASDAQ:LAKE). Teton holds 12,211 shares. Wellington Limited Liability Partnership stated it has 718,839 shares. Gsa Ptnrs Ltd Liability Partnership invested 0.01% in Lakeland Industries, Inc. (NASDAQ:LAKE). Morgan Stanley reported 0% of its portfolio in Lakeland Industries, Inc. (NASDAQ:LAKE). Hightower Advsrs Limited Com owns 0.01% invested in Lakeland Industries, Inc. (NASDAQ:LAKE) for 43,665 shares. Dimensional Fund Advisors L P accumulated 439,937 shares. Royal Comml Bank Of Canada stated it has 155,970 shares or 0% of all its holdings. Blackrock, New York-based fund reported 33,346 shares. 14,074 are owned by Northern Corp. The Massachusetts-based Baystate Wealth Mngmt Ltd Liability has invested 0% in Lakeland Industries, Inc. (NASDAQ:LAKE). Wells Fargo Mn reported 71,448 shares. California Employees Retirement Systems holds 14,746 shares.

Analysts expect Lakeland Industries, Inc. (NASDAQ:LAKE) to report $0.19 EPS on December, 13.They anticipate $0.02 EPS change or 9.52 % from last quarter’s $0.21 EPS. LAKE’s profit would be $1.53 million giving it 18.88 P/E if the $0.19 EPS is correct. After having $0.25 EPS previously, Lakeland Industries, Inc.’s analysts see -24.00 % EPS growth. The stock increased 4.36% or $0.6 during the last trading session, reaching $14.35. About 36,712 shares traded. Lakeland Industries, Inc. (NASDAQ:LAKE) has risen 32.68% since December 8, 2016 and is uptrending. It has outperformed by 15.98% the S&P500.

Lakeland Industries, Inc. (NASDAQ:LAKE) Ratings Coverage

Among 2 analysts covering Lakeland Industries (NASDAQ:LAKE), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Lakeland Industries has $21 highest and $18.0 lowest target. $19.50’s average target is 35.89% above currents $14.35 stock price. Lakeland Industries had 4 analyst reports since September 17, 2015 according to SRatingsIntel. The stock of Lakeland Industries, Inc. (NASDAQ:LAKE) has “Buy” rating given on Thursday, September 28 by Roth Capital. Roth Capital maintained the shares of LAKE in report on Thursday, September 14 with “Buy” rating. The rating was initiated by Roth Capital on Wednesday, August 23 with “Buy”.

Lakeland Industries, Inc. manufactures and sells a range of safety garments and accessories for the industrial and public protective clothing market in the United States and internationally. The company has market cap of $115.27 million. The firm offers limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks; high-end chemical protective suits to provide protection from highly concentrated, and hazardous chemical and biological toxins; and fire fighting and heat protective apparel, which protects against fire, burns, and excessive heat. It has a 17.5 P/E ratio. It also provides reusable woven garments, including electrostatic dissipative apparel for electric and gas utilities; flame resistant Nomex/FR and FR cotton coveralls/pants/jackets used in petrochemical and refining operations; and cotton and polycotton coveralls, lab coats, pants, and shirts.

More notable recent Lakeland Industries, Inc. (NASDAQ:LAKE) news were published by: Seekingalpha.com which released: “Lakeland Industries’ (LAKE) CEO Christopher Ryan on Q4 2017 Results – Earnings …” on April 27, 2017, also Seekingalpha.com with their article: “Lakeland Industries’ (LAKE) CEO Christopher Ryan on Q1 2018 Results – Earnings …” published on June 15, 2017, Prnewswire.com published: “Lakeland Industries Announces Upcoming Investor Events” on September 07, 2017. More interesting news about Lakeland Industries, Inc. (NASDAQ:LAKE) were released by: Newsday.com and their article: “Lakeland Industries is raising $9M in stock sale” published on August 18, 2017 as well as Prnewswire.com‘s news article titled: “Lakeland Industries, Inc. Provides Update on Discontinued Operations in Brazil” with publication date: December 21, 2015.

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