Lands' End(NASDAQ:LE) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-Market on Mar 21, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $458.841M. Analysts estimated a revenue of $459.430M. The revenues were -0.13% below the estimates. Earnings per share were $0.41. The reported EPS was above estimates by 17.14%. Analysts had estimated an EPS of $0.35.
In a different note, On Feb 23, 2017, Craig-Hallum said it Downgrades its rating on Lands' End. The shares have been rated ‘Hold’ by the firm.
Lands' End (LE) remained unchanged at the close of Friday session. Even as the volume increased to 64,085 ,the shares failed to make any impression and ended at 0 points or 0.00% at $19.4. The trading session commenced at $19.3 and the stock hit a high of $19.8 and touched $19.3 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $27.6 and the 52-week low is $14.03. The company has a market cap of $621 M and has approximately 3,20,29,359 outstanding shares.
Several Insider Transactions has been reported to the SEC. On Feb 16, 2017, Jonah Staw (director) purchased 900 shares at $18.11 per share price.Also, On Feb 15, 2017, Josephine Linden (director) purchased 14,504 shares at $17.24 per share price.On Feb 14, 2017, John Mcclain (director) purchased 754 shares at $17.17 per share price, according to the Form-4 filing with the securities and exchange commission.
Lands’ End Inc. (Lands’ End) is a multi-channel retailer of casual clothing accessories and footwear as well as home products. The Company operates through two business segments: Direct and Retail. The Direct segment sells products through the Company’s e-commerce Websites such as www.landsend.com; international Websites and direct mail catalogs. The Retail segment sells products and services through Lands’ End Shops at Sears across the United States the Company’s standalone Lands’ End Inlet stores and international shop-in-shops. The Company’s product categories include Apparel and Non-apparel. The Non-apparel category offers accessories footwear and home goods. The Company also offers embroidery monogramming gift wrapping shipping and other services.