Alert: New Earnings Report (6/5/24)-Lands’ End Inc (NASDAQ: LE).

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For its first fiscal quarter (ending April 30), Lands’ End Inc (NASDAQ: LE) has reported E.P.S. of $-0.20 compared to $-0.05 a year ago. E.P.S. were $-4.24 for the latest four quarters through April 30 versus $-0.36 for the same period a year ago.

Recent Price Action

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Lands’ End Inc (NASDAQ: LE) stock suffered a large decline of -5.8% on 6/5/24. The stock closed at $13.09. Moreover, this decline was accompanied by exceptionally high trading volume at 209% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -6.1% during the last week.

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 (High Neutral). 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 19 but a very high Power Rating of 97, producing the High Neutral Value Trend Rating.

Rating Review

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

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