Lands' End (NASDAQ:LE) was downgraded by BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Several other brokerages have also recently weighed in on LE. Zacks Investment Research cut shares of Lands' End from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. ValuEngine raised shares of Lands' End from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $15.50.

Shares of Lands' End (NASDAQ LE) traded down $0.25 during trading on Friday, reaching $18.40. 129,930 shares of the company’s stock traded hands, compared to its average volume of 275,879. The company has a debt-to-equity ratio of 1.85, a current ratio of 2.29 and a quick ratio of 0.69. The company has a market capitalization of $598.62, a PE ratio of -5.56, a price-to-earnings-growth ratio of 11.66 and a beta of 0.35. Lands' End has a 1 year low of $10.55 and a 1 year high of $24.80.

Lands' End (NASDAQ:LE) last issued its quarterly earnings data on Tuesday, December 5th. The company reported $0.01 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.15) by $0.16. The firm had revenue of $325.50 million for the quarter, compared to analysts’ expectations of $320.15 million. Lands' End had a negative net margin of 7.85% and a positive return on equity of 0.55%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.14) earnings per share. equities analysts expect that Lands' End will post 0.08 EPS for the current fiscal year.

In other Lands' End news, major shareholder Edward S. Lampert acquired 60,218 shares of Lands' End stock in a transaction on Thursday, November 2nd. The shares were purchased at an average cost of $10.97 per share, with a total value of $660,591.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Edward S. Lampert acquired 149,844 shares of Lands' End stock in a transaction on Tuesday, October 31st. The stock was acquired at an average cost of $10.81 per share, for a total transaction of $1,619,813.64. The disclosure for this purchase can be found here. Insiders have bought 229,165 shares of company stock worth $2,490,588 over the last three months. 0.51% of the stock is owned by insiders.

Hedge funds have recently made changes to their positions in the business. Wells Fargo & Company MN boosted its stake in Lands' End by 57.8% in 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 during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Lands' End in the second quarter valued at approximately $199,000. Nationwide Fund Advisors boosted its stake in Lands' End by 110.3% in the third quarter. Nationwide Fund Advisors now owns 17,033 shares of the company’s stock valued at $225,000 after acquiring an additional 8,934 shares during the last quarter. GSA Capital Partners LLP bought a new position in Lands' End in the third quarter valued at approximately $275,000. Finally, Gamco Investors INC. ET AL raised its holdings in Lands' End by 94.8% in the third quarter. Gamco Investors INC. ET AL now owns 78,000 shares of the company’s stock worth $1,030,000 after purchasing an additional 37,952 shares during the period. 48.22% of the stock is currently owned by hedge funds and other institutional investors.

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Lands' End Company Profile

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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