Roth Capital Cuts Earnings Estimates for Lakeland Industries

Lakeland Industries, Inc. (NASDAQ:LAKE) – Roth Capital dropped their Q3 2026 earnings per share (EPS) estimates for Lakeland Industries in a research report issued to clients and investors on Tuesday, June 10th. Roth Capital analyst G. Sweeney now expects that the medical instruments supplier will post earnings per share of $0.26 for the quarter, down from their previous estimate of $0.36. The consensus estimate for Lakeland Industries’ current full-year earnings is $0.48 per share. Roth Capital also issued estimates for Lakeland Industries’ Q4 2026 earnings at $0.37 EPS.

Lakeland Industries (NASDAQ:LAKE) last issued its earnings results on Monday, June 9th. The medical instruments supplier reported ($0.41) earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.68). Lakeland Industries had a positive return on equity of 1.66% and a negative net margin of 0.42%. The firm had revenue of $46.75 million during the quarter, compared to analyst estimates of $48.84 million. During the same period in the previous year, the company earned $0.22 earnings per share.

Several other equities analysts have also weighed in on the stock. DA Davidson cut their price objective on shares of Lakeland Industries from $28.00 to $23.00 and set a “buy” rating on the stock in a research report on Tuesday, April 15th. Lake Street Capital set a $26.00 price target on shares of Lakeland Industries and gave the stock a “buy” rating in a research note on Tuesday. Finally, Wall Street Zen upgraded shares of Lakeland Industries to a “sell” rating in a report on Wednesday, May 7th.

Lakeland Industries Stock Up 1.1%

Shares of Lakeland Industries stock opened at $15.34 on Wednesday. The firm has a market cap of $145.90 million, a price-to-earnings ratio of -170.44 and a beta of 1.13. The stock has a 50-day simple moving average of $17.31 and a 200-day simple moving average of $20.96. Lakeland Industries has a 52-week low of $14.00 and a 52-week high of $27.28. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.23 and a quick ratio of 1.77.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in LAKE. Jane Street Group LLC lifted its holdings in Lakeland Industries by 107.7% in the 1st quarter. Jane Street Group LLC now owns 40,180 shares of the medical instruments supplier’s stock worth $816,000 after purchasing an additional 20,832 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Lakeland Industries by 42.3% in the first quarter. Goldman Sachs Group Inc. now owns 44,435 shares of the medical instruments supplier’s stock valued at $902,000 after purchasing an additional 13,219 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Lakeland Industries in the first quarter worth $332,000. Ancora Advisors LLC lifted its stake in shares of Lakeland Industries by 85.1% in the first quarter. Ancora Advisors LLC now owns 276,688 shares of the medical instruments supplier’s stock worth $5,620,000 after buying an additional 127,195 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Lakeland Industries during the 1st quarter worth $164,000. 71.69% of the stock is owned by institutional investors.

Lakeland Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Thursday, May 15th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date was Thursday, May 15th. Lakeland Industries’s dividend payout ratio is -3.99%.

Lakeland Industries Company Profile

Lakeland Industries, Inc manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers firefighting and heat protective apparel to protect against fire; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks.