Lands’ End (LE) Earning Somewhat Positive News Coverage, Accern Reports
Media stories about Lands’ End (NASDAQ:LE) have trended somewhat positive recently, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lands’ End earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.4419915887935 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Lands’ End Partners With Freedom Service Dogs Of America To Celebrate National Dog Day With Donation Campaign (finance.yahoo.com)
- 44.6% Return Seen to Date on SmarTrend Lands’ End Inc Call (LE) (mysmartrend.com)
- Insider Buying: Lands’ End, Inc. (LE) Major Shareholder Acquires 19,178 Shares of Stock (americanbankingnews.com)
- Insider Buying: Lands’ End, Inc. (LE) Major Shareholder Buys 99,584 Shares of Stock (americanbankingnews.com)
- Edward S. Lampert Purchases 100,000 Shares of Lands’ End, Inc. (LE) Stock (americanbankingnews.com)
Shares of Lands’ End (NASDAQ LE) traded down 1.94% during trading on Friday, hitting $12.65. 170,974 shares of the company’s stock were exchanged. Lands’ End has a 1-year low of $11.75 and a 1-year high of $24.80. The stock’s 50 day moving average is $13.44 and its 200 day moving average is $17.47. The firm’s market capitalization is $405.17 million.
Lands’ End (NASDAQ:LE) last released its quarterly earnings data on Tuesday, June 6th. The company reported ($0.24) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.25) by $0.01. Lands’ End had a negative net margin of 8.41% and a negative return on equity of 0.07%. The firm had revenue of $268.37 million during the quarter, compared to analysts’ expectations of $270.10 million. During the same period in the previous year, the business posted ($0.18) earnings per share. The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. On average, equities research analysts forecast that Lands’ End will post $0.19 earnings per share for the current year.
A number of analysts recently issued reports on LE shares. TheStreet lowered shares of Lands’ End from a “c-” rating to a “d+” rating in a research report on Thursday, June 8th. ValuEngine upgraded shares of Lands’ End from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research upgraded shares of Lands’ End from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. Craig Hallum set a $15.00 target price on shares of Lands’ End and gave the stock a “hold” rating in a research report on Wednesday, June 21st. Finally, BidaskClub upgraded shares of Lands’ End from a “strong sell” rating to a “sell” rating in a report on Thursday, August 10th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $15.00.
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In other Lands’ End news, CEO Jerome Griffith bought 10,000 shares of the stock in a transaction on Tuesday, June 13th. The stock was purchased at an average price of $16.25 per share, with a total value of $162,500.00. Following the completion of the purchase, the chief executive officer now owns 61,717 shares in the company, valued at $1,002,901.25. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Edward S. Lampert bought 128,534 shares of the stock in a transaction on Friday, July 21st. The shares were acquired at an average cost of $13.44 per share, with a total value of $1,727,496.96. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 2,334,331 shares of company stock valued at $30,981,963. Company insiders own 0.51% of the company’s stock.
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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