Lands’ End (NASDAQ:LE) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Lands’ End, Inc. (NASDAQ:LE)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $12.71 and traded as high as $13.85. Lands’ End shares last traded at $12.64, with a volume of 659,994 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Lands’ End from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 17th.

Lands’ End Trading Up 13.1 %

The company has a 50 day moving average of $12.68 and a 200 day moving average of $14.70. The firm has a market cap of $390.96 million, a price-to-earnings ratio of -19.15 and a beta of 2.71. The company has a current ratio of 1.74, a quick ratio of 0.45 and a debt-to-equity ratio of 1.29.

Lands’ End (NASDAQ:LE) last issued its earnings results on Thursday, December 5th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.03 by $0.03. Lands’ End had a negative net margin of 1.46% and a positive return on equity of 1.24%. As a group, research analysts anticipate that Lands’ End, Inc. will post 0.41 EPS for the current year.

Institutional Investors Weigh In On Lands’ End

Large investors have recently bought and sold shares of the business. American Century Companies Inc. grew its holdings in Lands’ End by 14.5% during the 4th quarter. American Century Companies Inc. now owns 372,936 shares of the company’s stock worth $4,900,000 after acquiring an additional 47,306 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Lands’ End by 0.6% during the third quarter. Geode Capital Management LLC now owns 314,514 shares of the company’s stock valued at $5,432,000 after purchasing an additional 1,729 shares during the last quarter. Gamco Investors INC. ET AL grew its stake in shares of Lands’ End by 3.4% during the fourth quarter. Gamco Investors INC. ET AL now owns 300,000 shares of the company’s stock valued at $3,942,000 after purchasing an additional 10,000 shares during the last quarter. State Street Corp increased its holdings in shares of Lands’ End by 0.9% in the third quarter. State Street Corp now owns 294,053 shares of the company’s stock valued at $5,078,000 after purchasing an additional 2,556 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Lands’ End by 21.8% in the 4th quarter. JPMorgan Chase & Co. now owns 258,010 shares of the company’s stock worth $3,390,000 after purchasing an additional 46,094 shares during the last quarter. 37.46% of the stock is currently owned by institutional investors.

About Lands’ End

Lands’ End, Inc operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniform in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.