Alert: Major Price Advance (12/6/23)-Lands’ End Inc (NASDAQ: LE).

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Lands’ End Inc (NASDAQ: LE) stock closed at $8.34 on 12/6/23 after a major increase of 14.4%. Moreover, this advance was accompanied by exceptionally high trading volume at 210% of normal. The stock has been weak relative to the market over the last nine months but has risen 18.6% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, LE is expected to be Value Creation neutral.

Lands End has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Lands End has a slightly positive Appreciation Score of 66 but a poor Power Rating of 28, leading to the Low Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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