Alert: New Earnings Report (12/6/24)-Lakeland Industries Inc (NASDAQ: LAKE).

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Lakeland Industries Inc (NASDAQ: LAKE) has reported E.P.S. of $0.01 for its third fiscal quarter (ending October 31) versus $0.35 for the same period a year ago — a decline of -97%. For the latest four quarters through October 31, E.P.S. were $-0.08 versus $0.90 for the same period a year ago — a decline of -109%.

Recent Price Action

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Lakeland Industries Inc (NASDAQ: LAKE) stock increased 1.6% on 12/6/24. The shares closed at $22.96. Moreover, exceptionally high trading volume at 256% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 5.2% during the last week.

Current PriceTarget Research Rating

Lakeland Industries has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Lakeland Industries has a neutral Appreciation Score of 51 and a slightly positive Power Rating of 69, and the High Neutral Value Trend Rating results.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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