Lakeland Industries Inc (NASDAQ:LAKE) Institutional Investors Sentiment Change

Lakeland Industries, Inc. (NASDAQ:LAKE) Logo

Sentiment for Lakeland Industries Inc (NASDAQ:LAKE)

Lakeland Industries Inc (NASDAQ:LAKE) institutional sentiment increased to 1 in Q3 2018. Its up 0.17, from 0.83 in 2018Q2. The ratio is better, as 19 funds started new or increased positions, while 19 decreased and sold stock positions in Lakeland Industries Inc. The funds in our partner’s database now possess: 4.59 million shares, up from 4.56 million shares in 2018Q2. Also, the number of funds holding Lakeland Industries Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 14 Increased: 10 New Position: 9.

Lakeland Industries, Inc. manufactures and sells a range of safety garments and accessories for the industrial and public protective clothing market in the United States and internationally. The company has market cap of $93.78 million. The firm offers limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks; high-end chemical protective suits to provide protection from highly concentrated, and hazardous chemical and biological toxins; and fire fighting and heat protective apparel, which protects against fire, burns, and excessive heat. It currently has negative earnings. It also provides reusable woven garments, including electrostatic dissipative apparel for electric and gas utilities; flame resistant Nomex/FR and FR cotton coveralls/pants/jackets used in petrochemical and refining operations; and cotton and polycotton coveralls, lab coats, pants, and shirts.

The stock decreased 0.09% or $0.01 during the last trading session, reaching $11.55. About 3,207 shares traded. Lakeland Industries, Inc. (NASDAQ:LAKE) has declined 18.19% since January 14, 2018 and is downtrending. It has underperformed by 18.19% the S&P500.

Analysts await Lakeland Industries, Inc. (NASDAQ:LAKE) to report earnings on April, 15. They expect $0.14 earnings per share, up 1,500.00 % or $0.15 from last year’s $-0.01 per share. LAKE’s profit will be $1.14M for 20.63 P/E if the $0.14 EPS becomes a reality. After $0.06 actual earnings per share reported by Lakeland Industries, Inc. for the previous quarter, Wall Street now forecasts 133.33 % EPS growth.

First Wilshire Securities Management Inc holds 0.53% of its portfolio in Lakeland Industries, Inc. for 136,310 shares. Private Capital Management Llc owns 269,694 shares or 0.53% of their US portfolio. Moreover, North Star Investment Management Corp. has 0.28% invested in the company for 188,450 shares. The Illinois-based Perritt Capital Management Inc has invested 0.26% in the stock. Heartland Advisors Inc, a Wisconsin-based fund reported 200,000 shares.

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $63,482 activity.

Lakeland Industries, Inc. (NASDAQ:LAKE) Institutional Positions Chart

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