Lands' End (NASDAQ:LE) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Thursday.

Several other equities analysts also recently commented on LE. Zacks Investment Research downgraded shares of Lands' End from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. ValuEngine raised shares of Lands' End from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. One equities research analyst has rated the stock with a sell rating and three have assigned a hold rating to the stock. Lands' End has an average rating of “Hold” and an average target price of $14.00.

Shares of Lands' End (NASDAQ LE) traded up $1.20 during trading hours on Thursday, hitting $15.20. 755,007 shares of the company’s stock were exchanged, compared to its average volume of 191,721. Lands' End has a 1 year low of $10.55 and a 1 year high of $24.80. The firm has a market cap of $423.69, a price-to-earnings ratio of 220.00, a PEG ratio of 16.50 and a beta of 0.33. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.90 and a current ratio of 2.29.

Lands' End (NASDAQ:LE) last announced its earnings results on Tuesday, December 5th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.16. Lands' End had a negative net margin of 7.85% and a positive return on equity of 0.55%. The firm had revenue of $325.50 million for the quarter, compared to analyst estimates of $320.15 million. During the same quarter in the prior year, the business posted ($0.14) EPS. The business’s revenue was up 4.5% compared to the same quarter last year. analysts forecast that Lands' End will post 0.04 earnings per share for the current fiscal year.

In related news, major shareholder Edward S. Lampert acquired 18,403 shares of the stock in a transaction on Wednesday, November 8th. The shares were acquired at an average price of $10.83 per share, with a total value of $199,304.49. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Edward S. Lampert acquired 60,218 shares of the stock in a transaction on Thursday, November 2nd. The stock was bought at an average cost of $10.97 per share, for a total transaction of $660,591.46. The disclosure for this purchase can be found here. Insiders acquired 229,225 shares of company stock valued at $2,489,658 over the last 90 days. Corporate insiders own 0.51% of the company’s stock.

Hedge funds have recently made changes to their positions in the business. GSA Capital Partners LLP purchased a new position in shares of Lands' End in the third quarter worth about $275,000. California Public Employees Retirement System grew its stake in Lands' End by 7.2% during the third quarter. California Public Employees Retirement System now owns 105,169 shares of the company’s stock valued at $1,388,000 after acquiring an additional 7,042 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in Lands' End during the third quarter valued at approximately $9,097,000. Dimensional Fund Advisors LP grew its stake in Lands' End by 18.3% during the third quarter. Dimensional Fund Advisors LP now owns 152,140 shares of the company’s stock valued at $2,008,000 after acquiring an additional 23,515 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in Lands' End by 57.8% during the third quarter. Wells Fargo & Company MN now owns 14,928 shares of the company’s stock valued at $197,000 after acquiring an additional 5,467 shares in the last quarter. 48.22% of the stock is currently owned by institutional investors and hedge funds.

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About Lands' End

Lands’ End, Inc (Lands’ End) is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products. The Company operates through two segments: Direct and Retail. The Company offers products through catalogs, online at www.landsend.com. The Direct segment sells products through the Company’s e-commerce Websites, international Websites and direct mail catalogs.

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