Lakeland Industries (LAKE)

• Market cap: $192M
• 1 day: -0.38%
• 5 days: -0.08%
• 1 month: 12.78%
• 3 months: 19.15%
• 6 months: 7.06%
• Year to date: 0.50%
• 1 year: 43.95%
• 5 years: 88.38%
• 10 years: 181.65%
• Sector: Healthcare
• Industry: Orthopedic, Prosthetic & Surgical Appliances & Supplies

About: Lakeland Industries Inc manufactures and sells safety garments and accessories for the industrial protective clothing market. Its product segments include Disposables, Chemicals, Fire, Gloves, High Visibility, High-Performance Wear, and Wovens. Its customers include integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, and mortuaries, as well as scientific and medical laboratories. Its geographical segments include the United States, Latin America, Canada, Asia, Mexico, Europe (United Kingdom), and Other Foreign.

Employees: 1,600

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

8% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 12

1.85% less ownership

Funds ownership: 68.77% [Q2] → 66.93% (-1.85%) [Q3]

3% less funds holding

Funds holding: 58 [Q2] → 56 (-2) [Q3]

14% less capital invested

Capital invested by funds: $116M [Q2] → $99.5M (-$16.9M) [Q3]

31% less call options, than puts

Call options by funds: $408K | Put options by funds: $594K

35% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 20

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $29 12% upside
• Avg. target: $29 12% upside
• High target: $29 12% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Roth MKM Gerry Sweeney 53% 1-year accuracy 9 / 17 met price target

12% upside $29

Buy Maintained

17 Dec 2024