Lakeland IndustriesLAKE
LAKE
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
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
68% more call options, than puts
Call options by funds: $536K | Put options by funds: $319K
34% more capital invested
Capital invested by funds: $99.5M [Q3] → $134M (+$34.2M) [Q4]
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
3.7% more ownership
Funds ownership: 66.93% [Q3] → 70.63% (+3.7%) [Q4]
4% more funds holding
Funds holding: 56 [Q3] → 58 (+2) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$29
17%
upside
Avg. target
$29
17%
upside
High target
$29
17%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Roth MKM Gerry Sweeney 56% 1-year accuracy 10 / 18 met price target | 17%upside $29 | Buy Maintained | 17 Dec 2024 |
Financial journalist opinion
Based on 7 articles about LAKE published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
Lakeland Fire + Safety Issues Shareholder Letter and Provides Corporate Update
HUNTSVILLE, Ala., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today issued a letter to shareholders from Jim Jenkins, President, Chief Executive Officer and Executive Chairman.
Neutral
GlobeNewsWire
2 weeks ago
Lakeland Fire + Safety's Lakeland LHD Secures up to 12-year Renewal Contract with Fire and Emergency New Zealand
Longstanding Partner Extends Relationship with Lakeland LHD for Up to 12 Years for Apparel and Decontamination Services HUNTSVILLE, Ala., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. (“Lakeland Fire + Safety” or “Lakeland”) (NASDAQ: LAKE), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, today announced its Lakeland LHD subsidiary has secured a contract renewal of up to 12 years with Fire and Emergency New Zealand (FENZ), New Zealand's main firefighting and emergency services body, for a range of apparel and decontamination services, extending an established and longstanding relationship of over 22 years.
Neutral
GlobeNewsWire
2 weeks ago
Lakeland Fire + Safety Declares Cash Dividend for First Quarter 2026
HUNTSVILLE, Ala., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. (“Lakeland Fire + Safety” or “Lakeland”) (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today announced that its Board of Directors declared a cash dividend for its fiscal first quarter of 2026 of $0.03 per share.
Neutral
Accesswire
3 weeks ago
Lakeland Fire + Safety Awarded National Contract for Emergency Medical, Safety and Rescue Equipment through the HGACBuy Program
9,000+ Government Entities Able to Procure Lakeland's Product Portfolio through the HGACBuy Program HUNTSVILLE, AL / ACCESS Newswire / January 28, 2025 / Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ:LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders on the federal, state and local levels, today announced it was awarded contract EE 11-24 through the Houston-Galveston Area Council ("H-GAC") Board to allow local governments across the United States to access Lakeland's extensive portfolio of firefighter protective gear at competitive, volume-based pricing through the HGACBuy Program. The Houston-Galveston Area Council is the regional organization through which local governments consider issues and cooperate in solving areawide problems.
Neutral
Accesswire
4 weeks ago
Lakeland Fire + Safety Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriter's Option to Purchase Additional Shares
HUNTSVILLE, AL / ACCESS Newswire / January 24, 2025 / Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ:LAKE), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, today announced the closing of its previously announced underwritten public offering of an aggregate of 2,093,000 shares of its common stock at a price to the public of $22.00 per share, which includes the exercise in full by the underwriter of its option to purchase 273,000 additional shares of Lakeland's common stock. Gross proceeds to Lakeland, before deducting the underwriting discount and estimated offering expenses payable by Lakeland, were approximately $46.0 million.
Neutral
Accesswire
4 weeks ago
Lakeland Fire + Safety Announces Pricing of Public Offering of $40.0 Million of Common Stock
Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ:LAKE), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, today announced that it has priced its underwritten public offering of 1,820,000 shares of its common stock at a public offering price of $22.00 per share. Lakeland expects the gross proceeds from the offering to be approximately $40.0 million, before deducting the underwriting discount and other estimated offering expenses payable by Lakeland.
Neutral
Accesswire
4 weeks ago
Lakeland Fire + Safety Announces Pricing of Public Offering of $40.0 Million of Common Stock
HUNTSVILLE, AL / ACCESS Newswire / January 23, 2025 / Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ:LAKE), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, today announced that it has priced its underwritten public offering of 1,820,000 shares of its common stock at a public offering price of $22.00 per share. Lakeland expects the gross proceeds from the offering to be approximately $40.0 million, before deducting the underwriting discount and other estimated offering expenses payable by Lakeland.
Neutral
Accesswire
1 month ago
Lakeland Fire + Safety Announces Proposed Public Offering of Common Stock
HUNTSVILLE, AL / ACCESS Newswire / January 22, 2025 / Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ:LAKE), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, today announced a proposed underwritten public offering of shares of its common stock. Lakeland also expects to grant to the underwriters of the offering a 45-day option to purchase up to an additional 15% of the shares of its common stock in the underwritten public offering on the same terms and conditions.
Neutral
Accesswire
2 months ago
Lakeland Fire + Safety Completes Acquisition of Veridian
Strategic Acquisition Expands Lakeland's Global Fire Services Portfolio with Veridian's Leading Firefighter Protective Apparel Offering Additional Annual Revenue of Approximately $21 Million Further Builds Upon Lakeland's 245% Third Quarter Year-over-Year Growth in Fire Services Products HUNTSVILLE, AL / ACCESSWIRE / December 16, 2024 / Lakeland Fire + Safety (NASDAQ:LAKE), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, announced today the successful completion of its acquisition of U.S.-based Veridian in an all-cash transaction valued at approximately $25 million subject to post-closing adjustments and customary holdback provisions. The acquisition was financed under Lakeland's revolving credit facility with Bank of America.
Neutral
Zacks Investment Research
2 months ago
Lakeland Industries' Q3 Earnings Miss Estimates, Revenues Rise Y/Y
LAKE's fiscal third-quarter 2025 revenues increase 44.5% year over year, supported by strength across its international operations.
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