$0.21 EPS Expected for Lakeland Industries, Inc. (LAKE)

August 26, 2017 – By Richard Conner

Investors sentiment increased to 2.57 in Q4 2016. Its up 1.57, from 1 in 2016Q3. It increased, as 1 investors sold Lakeland Industries, Inc. shares while 6 reduced holdings. 7 funds opened positions while 11 raised stakes. 2.99 million shares or 9.67% more from 2.73 million shares in 2016Q3 were reported.
Wellington Management Group Inc Limited Liability Partnership accumulated 702,639 shares. Renaissance Technology Ltd Liability reported 384,802 shares stake. Tfs Cap Limited Co, Pennsylvania-based fund reported 11,403 shares. Blackrock Institutional Tru Na, California-based fund reported 13,592 shares. Blackrock Fund Advsrs accumulated 0% or 23,078 shares. Ancora Advisors Lc stated it has 0.22% in Lakeland Industries, Inc. (NASDAQ:LAKE). Nationwide Fund Advsr invested in 200 shares or 0% of the stock. Blackrock Investment Mgmt Limited Company accumulated 1,120 shares. California Employees Retirement System accumulated 14,746 shares. Geode Cap Management Limited Co has invested 0% of its portfolio in Lakeland Industries, Inc. (NASDAQ:LAKE). Parthenon Limited Liability Co holds 165,763 shares. Northern Trust Corporation reported 12,453 shares stake. Bridgeway Capital Mngmt holds 0.01% or 81,557 shares. Morgan Dempsey Mngmt Lc accumulated 0.28% or 95,030 shares. Royal Commercial Bank Of Canada invested in 0% or 47,910 shares.

Analysts expect Lakeland Industries, Inc. (NASDAQ:LAKE) to report $0.21 EPS on September, 13.They anticipate $0.01 EPS change or 5.00 % from last quarter’s $0.2 EPS. LAKE’s profit would be $1.70 million giving it 16.07 P/E if the $0.21 EPS is correct. After having $0.23 EPS previously, Lakeland Industries, Inc.’s analysts see -8.70 % EPS growth. The stock increased 0.75% or $0.1 on August 25, reaching $13.5. About 66,184 shares traded. Lakeland Industries, Inc. (NASDAQ:LAKE) has risen 32.68% since August 26, 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 had 2 analyst reports since September 17, 2015 according to SRatingsIntel. The firm has “Buy” rating by Roth Capital given on Wednesday, August 23.

Lakeland Industries, Inc. makes and sells a line of safety garments and accessories for the industrial and public protective clothing market. The company has market cap of $109.25 million. The Company’s product categories include limited use/disposable protective clothing; high-end chemical protective suits; firefighting, flame resistant personal protective equipment (FR PPE) and heat protective apparel; reusable woven garments; high visibility clothing, and glove and sleeves. It has a 17.68 P/E ratio. The Company’s products are sold by its in-house customer service group, its regional sales managers and independent sales representatives to a network of over 1,200 North American safety and mill supply distributors.

More notable recent Lakeland Industries, Inc. (NASDAQ:LAKE) news were published by: Prnewswire.com which released: “Lakeland Industries Announces Closing of Public Offering of its Common Stock” on August 22, 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 Preliminary Financial Results for the Fiscal …” on August 16, 2017. More interesting news about Lakeland Industries, Inc. (NASDAQ:LAKE) were released by: Prnewswire.com and their article: “Lakeland Industries, Inc. Reports Fiscal 2017 Fourth Quarter and Year End …” published on April 26, 2017 as well as Newsday.com‘s news article titled: “Lakeland Industries is raising $9M in stock sale” with publication date: August 18, 2017.