Is Lands’ End, Inc. (LE) a Sell? The Stock Reaches 1 Year Low Today

July 31, 2017 - By Kurt Siggers

The stock of Lands’ End, Inc. (NASDAQ:LE) hit a new 52-week low and has $12.69 target or 6.00 % below today’s $13.50 share price. The 5 months bearish chart indicates high risk for the $432.40M company. The 1-year low was reported on Jul, 31 by Barchart.com. If the $12.69 price target is reached, the company will be worth $25.94M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock increased 1.89% or $0.25 during the last trading session, reaching $13.5. About 425,970 shares traded or 79.69% up from the average. Lands’ End, Inc. (NASDAQ:LE) has risen 2.84% since July 31, 2016 and is uptrending. It has underperformed by 13.86% the S&P500.

Investors wait Lands’ End, Inc. (NASDAQ:LE) to report on September, 7. its quarterly earnings Wall Street analysts expect $-0.12 earnings per share, down $0.06 or 100.00 % from last year’s $-0.06 same quarter earnings. Lands’ End, Inc.’s Wall Street analysts see -50.00 % EPS growth, taking into account the $-0.24 EPS reproted in the previous quarter,

Lands’ End, Inc. (NASDAQ:LE) Ratings Coverage

Among 2 analysts covering Lands’ End (NASDAQ:LE), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Lands’ End had 2 analyst reports since September 26, 2016 according to SRatingsIntel. The firm has “Neutral” rating by CL King given on Monday, September 26.

More news for Lands’ End, Inc. (NASDAQ:LE) were recently published by: Prnewswire.com, which released: “Feed The Shark Week Frenzy With Oceans Of Items From Lands’ End Kids” on July 26, 2017. Prnewswire.com‘s article titled: “Lands’ End Launches #LoveLearning Campaign on National Summer Learning Day” and published on July 13, 2017 is yet another important article.

Lands’ End, Inc. is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products. The company has market cap of $432.40 million. The Firm operates through two divisions: Direct and Retail. It currently has negative earnings. The Firm offers products through catalogs, online at www.landsend.com.

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