News stories about Lands’ End (NASDAQ:LE) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Lands’ End earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.6392775364577 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Lands’ End, Inc. breached its 50 day moving average in a Bearish Manner : LE-US : October 11, 2017 (finance.yahoo.com)
- Lands’ End Makes the Holidays With Its 2017 Holiday Collection (finance.yahoo.com)
- How New York A-lister Laura Brown made her Australianness an asset (smh.com.au)
- Four challengers face off against City Council at-large incumbent Jason Williams (theadvocate.com)
- The Crowd: South Coast Repertory gala celebrates with flair (latimes.com)
Lands’ End (NASDAQ:LE) traded down 3.60% during mid-day trading on Thursday, hitting $12.05. 192,725 shares of the stock traded hands. The stock has a 50-day moving average price of $12.42 and a 200-day moving average price of $16.02. Lands’ End has a 12 month low of $11.20 and a 12 month high of $24.80. The stock’s market cap is $386.74 million.
Lands’ End (NASDAQ:LE) last posted its quarterly earnings data on Thursday, August 31st. The company reported ($0.12) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.12). The firm had revenue of $302.19 million during the quarter, compared to analysts’ expectations of $292.59 million. Lands’ End had a negative net margin of 8.48% and a negative return on equity of 0.73%. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the company posted ($0.06) EPS. On average, equities analysts forecast that Lands’ End will post $0.15 earnings per share for the current year.
Several analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Lands’ End from a “buy” rating to a “hold” rating in a research note on Wednesday, September 20th. BidaskClub downgraded shares of Lands’ End from a “sell” rating to a “strong sell” rating in a research note on Wednesday, September 6th. Finally, Craig Hallum set a $15.00 price objective on shares of Lands’ End and gave the stock a “hold” rating in a research note on Wednesday, June 21st. One analyst has rated the stock with a sell rating and three have given a hold rating to the stock. Lands’ End presently has an average rating of “Hold” and a consensus target price of $14.00.
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In other Lands’ End news, major shareholder Edward S. Lampert bought 1,221,300 shares of Lands’ End stock in a transaction on Wednesday, July 26th. The shares were bought at an average cost of $13.35 per share, for a total transaction of $16,304,355.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder Edward S. Lampert bought 550,100 shares of Lands’ End stock in a transaction on Monday, July 24th. The shares were acquired at an average price of $13.48 per share, for a total transaction of $7,415,348.00. The disclosure for this purchase can be found here. Insiders have purchased a total of 3,078,330 shares of company stock valued at $40,188,807 in the last ninety days. 0.51% of the stock is currently owned by corporate insiders.
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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