Lands’ End (NASDAQ:LE) Stock Price Crosses Below 50-Day Moving Average of $9.07

Lands’ End, Inc. (NASDAQ:LEGet Rating)’s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $9.07 and traded as low as $8.05. Lands’ End shares last traded at $8.37, with a volume of 225,661 shares traded.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on LE. Telsey Advisory Group decreased their target price on Lands’ End to $14.00 in a research report on Friday, December 2nd. StockNews.com lowered Lands’ End from a “hold” rating to a “sell” rating in a research report on Friday, December 2nd. Craig Hallum decreased their target price on Lands’ End to $9.00 in a research report on Friday, December 2nd. Finally, TheStreet lowered Lands’ End from a “c” rating to a “d+” rating in a research report on Monday, December 5th.

Lands’ End Trading Down 0.7 %

The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.35 and a current ratio of 1.92. The company has a market cap of $276.23 million, a P/E ratio of -119.55 and a beta of 2.67. The stock has a 50-day moving average of $9.07 and a two-hundred day moving average of $10.64.

Lands’ End (NASDAQ:LEGet Rating) last posted its quarterly earnings data on Thursday, December 1st. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.21). Lands’ End had a negative net margin of 0.13% and a negative return on equity of 0.54%. The company had revenue of $370.98 million for the quarter, compared to the consensus estimate of $384.75 million. On average, equities research analysts predict that Lands’ End, Inc. will post -0.23 earnings per share for the current year.

Institutional Trading of Lands’ End

Several institutional investors have recently added to or reduced their stakes in LE. Amalgamated Bank purchased a new stake in Lands’ End during the 1st quarter valued at $29,000. Cubist Systematic Strategies LLC boosted its stake in Lands’ End by 807.5% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 8,086 shares of the company’s stock valued at $62,000 after purchasing an additional 7,195 shares during the last quarter. Royal Bank of Canada boosted its stake in Lands’ End by 11.3% during the 3rd quarter. Royal Bank of Canada now owns 11,067 shares of the company’s stock valued at $85,000 after purchasing an additional 1,125 shares during the last quarter. Denali Advisors LLC boosted its stake in shares of Lands’ End by 32.3% in the 2nd quarter. Denali Advisors LLC now owns 8,600 shares of the company’s stock worth $91,000 after buying an additional 2,100 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new position in shares of Lands’ End in the 1st quarter worth $98,000. 37.42% of the stock is currently owned by hedge funds and other institutional investors.

About Lands’ End

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Lands' End, Inc operates as a uni-channel retailer of casual clothing, accessories, footwear, and home products in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, Europe eCommerce, Japan eCommerce, Outfitters, Third Party, and Retail segments. The company sells its products online through e-commerce, company operated stores, as well as through third party distribution channels under the Lands' End, Let's Get Comfy, Lands' End Lighthouse, Square Rigger, Squall, Super-T, Drifter, Outrigger, Marinac, Beach Living, as well as Supima, No-Gape, Starfish, Iron Knees, Hyde Park, Year' Rounder, ClassMate, Willis & Geiger, and ThermaCheck brands.

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