Q3 EPS Estimates for Lakeland Industries Cut by Roth Capital

Lakeland Industries, Inc. (NASDAQ:LAKE) – Equities research analysts at Roth Capital cut their Q3 2026 earnings per share (EPS) estimates for Lakeland Industries in a note issued to investors on Tuesday, June 10th. Roth Capital analyst G. Sweeney now anticipates that the medical instruments supplier will earn $0.26 per share for the quarter, down from their previous estimate of $0.36. The consensus estimate for Lakeland Industries’ current full-year earnings is $0.48 per share. Roth Capital also issued estimates for Lakeland Industries’ Q4 2026 earnings at $0.37 EPS.

Lakeland Industries (NASDAQ:LAKE) last issued its earnings results on Monday, June 9th. The medical instruments supplier reported ($0.41) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.68). The company had revenue of $46.75 million during the quarter, compared to analyst estimates of $48.84 million. Lakeland Industries had a positive return on equity of 1.66% and a negative net margin of 0.42%. During the same quarter in the previous year, the firm earned $0.22 earnings per share.

Several other research firms also recently issued reports on LAKE. DA Davidson cut their price objective on Lakeland Industries from $28.00 to $23.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. Wall Street Zen raised shares of Lakeland Industries to a “sell” rating in a research report on Wednesday, May 7th. Finally, Lake Street Capital set a $26.00 price target on shares of Lakeland Industries and gave the company a “buy” rating in a report on Tuesday.

Lakeland Industries Trading Up 1.1%

Shares of NASDAQ LAKE opened at $15.34 on Wednesday. The company has a quick ratio of 1.77, a current ratio of 4.23 and a debt-to-equity ratio of 0.25. Lakeland Industries has a 12 month low of $14.00 and a 12 month high of $27.28. The company has a market cap of $145.90 million, a price-to-earnings ratio of -170.44 and a beta of 1.13. The business has a fifty day simple moving average of $17.31 and a 200-day simple moving average of $20.96.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. IFP Advisors Inc purchased a new stake in Lakeland Industries in the 4th quarter worth about $36,000. Russell Investments Group Ltd. acquired a new position in shares of Lakeland Industries in the 4th quarter valued at about $160,000. Cubist Systematic Strategies LLC acquired a new position in shares of Lakeland Industries in the 1st quarter valued at about $164,000. Bank of America Corp DE lifted its position in shares of Lakeland Industries by 114.1% in the fourth quarter. Bank of America Corp DE now owns 7,657 shares of the medical instruments supplier’s stock worth $196,000 after purchasing an additional 4,081 shares in the last quarter. Finally, Metis Global Partners LLC acquired a new stake in shares of Lakeland Industries during the fourth quarter worth approximately $207,000. Hedge funds and other institutional investors own 71.69% of the company’s stock.

Lakeland Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Thursday, May 15th were given a $0.03 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $0.12 annualized dividend and a dividend yield of 0.78%. Lakeland Industries’s dividend payout ratio (DPR) is presently -3.99%.

About Lakeland Industries

Lakeland Industries, Inc manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers firefighting and heat protective apparel to protect against fire; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks.