Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Lands’ End Inc (NASDAQ: LE) improved recently. LE’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 4/8/24, Lands’ End Inc (NASDAQ: LE) stock declined modestly by -1.1%, closing at $11.07. Moreover, exceptionally high trading volume at 229% of normal accompanied the decline. The stock has risen 1.7% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
LE is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Lands End has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Lands End has a poor Appreciation Score of 15 but a good Power Rating of 79, with the Low Neutral Value Trend Rating the result.
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