ValuEngine cut shares of Lands’ End (NASDAQ:LE) from a buy rating to a hold rating in a research report sent to investors on Saturday morning.

Other research analysts have also recently issued reports about the company. BidaskClub upgraded Lands’ End from a hold rating to a buy rating in a research note on Tuesday, March 27th. TheStreet upgraded Lands’ End from a d+ rating to a c rating in a research note on Thursday, March 22nd. Craig Hallum increased their price target on Lands’ End from $15.00 to $20.00 and gave the company a hold rating in a research note on Friday, March 23rd. They noted that the move was a valuation call. Finally, Zacks Investment Research cut Lands’ End from a buy rating to a hold rating in a research note on Saturday, February 3rd. Four analysts have rated the stock with a hold rating, The stock presently has an average rating of Hold and a consensus price target of $18.00.

NASDAQ LE opened at $19.40 on Friday. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.37 and a quick ratio of 1.07. Lands’ End has a fifty-two week low of $10.55 and a fifty-two week high of $24.80. The firm has a market cap of $623.36, a price-to-earnings ratio of 646.67 and a beta of -0.23.

Lands’ End (NASDAQ:LE) last announced its quarterly earnings results on Thursday, March 22nd. The company reported $0.38 EPS for the quarter, missing the Zacks’ consensus estimate of $0.50 by ($0.12). Lands’ End had a net margin of 2.00% and a return on equity of 0.28%. The firm had revenue of $510.60 million during the quarter, compared to the consensus estimate of $470.63 million. During the same quarter in the previous year, the company posted $0.41 earnings per share. The firm’s revenue was up 11.3% on a year-over-year basis.

In related news, CMO Gill Brown Hong acquired 1,525 shares of the firm’s stock in a transaction that occurred on Friday, April 13th. The stock was acquired at an average cost of $22.20 per share, for a total transaction of $33,855.00. Following the completion of the acquisition, the chief marketing officer now directly owns 3,425 shares of the company’s stock, valued at approximately $76,035. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Wells Fargo & Company MN increased its holdings 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 purchasing an additional 5,467 shares during the period. The Manufacturers Life Insurance Company increased its holdings in Lands’ End by 103.6% in the fourth quarter. The Manufacturers Life Insurance Company now owns 12,572 shares of the company’s stock valued at $246,000 after purchasing an additional 6,397 shares during the period. MetLife Investment Advisors LLC acquired a new stake in Lands’ End in the fourth quarter valued at $132,000. California Public Employees Retirement System increased its holdings in Lands’ End by 7.2% in the third quarter. California Public Employees Retirement System now owns 105,169 shares of the company’s stock valued at $1,388,000 after purchasing an additional 7,042 shares during the period. Finally, Nationwide Fund Advisors increased its holdings 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 purchasing an additional 8,934 shares during the period. Institutional investors and hedge funds own 50.00% of the company’s stock.

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About Lands’ End

Lands' End, Inc operates as a multi-channel retailer in the United States, the United Kingdom, Germany, and Japan. The company operates through two segments, Direct and Retail. It offers casual clothing, accessories, footwear, and home products. The company sells its products online through landsend.com, and affiliated specialty and international Websites; direct mail catalogs; and retail locations primarily at Lands' End Shops at Sears, Lands' End Inlet stores, and international shop-in-shops.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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