Stock Rating Upgrade
The Value Trend Rating for Lands’ End Inc (NASDAQ: LE) improved recently from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Lands’ End Inc (NASDAQ: LE) stock closed at $8.04 on 3/18/24 after a large decline of -6.5%. This decline was accompanied by normal trading volume. The stock has declined -13.5% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns 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 B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Lands End has a neutral Appreciation Score of 56 but a good Power Rating of 71, producing the Positive Value Trend Rating.
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