Lands’ End, Inc. (NASDAQ:LE) was up 1.2% during mid-day trading on Wednesday after the company announced better than expected quarterly earnings. The stock traded as high as $14.42 and last traded at $14.41, approximately 41,435 shares changed hands during mid-day trading. A decline of 73% from the average daily volume of 155,221 shares. The stock had previously closed at $14.24.
The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.09 by $0.02. Lands’ End had a net margin of 0.69% and a return on equity of 3.09%. The firm had revenue of $340.00 million during the quarter, compared to analysts’ expectations of $349.77 million. During the same quarter in the prior year, the firm earned $0.10 EPS. Lands’ End’s quarterly revenue was down .5% on a year-over-year basis.
Several research analysts recently weighed in on LE shares. BidaskClub raised Lands’ End from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. TheStreet lowered shares of Lands’ End from a “c-” rating to a “d+” rating in a research report on Monday, August 19th.
The company has a quick ratio of 0.45, a current ratio of 1.68 and a debt-to-equity ratio of 1.30. The stock has a market capitalization of $381.32 million, a price-to-earnings ratio of 39.51 and a beta of 1.21. The stock’s 50-day simple moving average is $11.52 and its 200 day simple moving average is $11.43.
Lands’ End Company Profile (NASDAQ:LE)
Lands' End, Inc operates as a multi-channel retailer in the United States, the United Kingdom, Germany, and Japan. The company operates through U.S. eCommerce, Outfitters, Europe eCommerce, Japan eCommerce, and Retail segments. It offers casual clothing, accessories, footwear, and home products.
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