Lakeland Industries, Inc. (LAKE)

NASDAQ: LAKE · IEX Real-Time Price · USD
22.39
+1.32 (6.26%)
Jul 2, 2024, 4:00 PM EDT - Market closed
6.26%
Market Cap 165.19M
Revenue (ttm) 132.30M
Net Income (ttm) 5.76M
Shares Out 7.38M
EPS (ttm) 0.75
PE Ratio 29.85
Forward PE 15.51
Dividend $0.12 (0.54%)
Ex-Dividend Date May 14, 2024
Volume 38,033
Open 21.38
Previous Close 21.07
Day's Range 21.38 - 22.49
52-Week Range 13.63 - 24.80
Beta 0.50
Analysts Strong Buy
Price Target 26.00 (+16.12%)
Earnings Date Jun 4, 2024

About LAKE

Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers firefighting and heat protective apparel to protect against fire; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks. The company provide... [Read more]

IPO Date Sep 9, 1986
Employees 1,700
Stock Exchange NASDAQ
Ticker Symbol LAKE
Full Company Profile

Financial Performance

In 2023, LAKE's revenue was $124.69 million, an increase of 10.49% compared to the previous year's $112.85 million. Earnings were $5.43 million, an increase of 189.64%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for LAKE stock is "Strong Buy" and the 12-month stock price forecast is $26.0.

Price Target
$26.0
(16.12% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Lakeland Industries Completes Acquisition of LHD Group

Strategic Acquisition Enhances Lakeland's Global Presence and Fire Service Offering HUNTSVILLE, AL / ACCESSWIRE / July 1, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE), a leading global manufacturer ...

1 day ago - Accesswire

Lakeland Industries Announces Key Sales Leadership Appointments to Drive Global Growth

Barry Phillips joins as Senior Vice President of Global Sales Cameron Stokes appointed Vice President of Global Industrial Sales HUNTSVILLE, AL / ACCESSWIRE / June 17, 2024 / Lakeland Industries, Inc....

15 days ago - Accesswire

Lakeland Industries, Inc. Fiscal 2025 First Quarter Earnings Call

Updated Webcast Link HUNTSVILLE, AL / ACCESSWIRE / June 5, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for indust...

27 days ago - Accesswire

Lakeland Industries, Inc. Reports Fiscal 2025 First Quarter Financial Results

Net sales of $36.3 million and gross margin of 44.6% Continued strong growth in high-value, strategic product lines, led by 92% increase in Fire Raising FY25 Revenue and Adjusted EBITDA Guidance HUNTS...

4 weeks ago - Accesswire

Lakeland Industries Declares Cash Dividend for Second Quarter 2025

HUNTSVILLE, AL / ACCESSWIRE / May 1, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and fir...

2 months ago - Accesswire

Lakeland Industries and LineDrive Announce Strategic Partnership

HUNTSVILLE, AL / ACCESSWIRE / May 1, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and fir...

2 months ago - Accesswire

Lakeland Industries to Participate in the Planet MicroCap Showcase: VEGAS 2024 Conference

HUNTSVILLE, AL / ACCESSWIRE / April 29, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and ...

2 months ago - Accesswire

Lakeland Industries, Inc. Reports Fiscal 2024 Fourth Quarter Financial and Full Year Financial Results

Fiscal 2024 net sales of $124.7 million and gross margin of 41.1% Fire Services further supported by announced acquisitions of Jolly Boots and the LHD Group fire and rescue business after year-end. FY...

2 months ago - Accesswire

Lakeland Industries Announces the Acquisition of the Fire and Rescue Business of the LHD Group

Strategic Acquisition Expands Lakeland's Global Fire Footprint with Premium Fire Services Products; Adds Total Care Maintenance, Cleaning and Repair Services to Offering HUNTSVILLE, AL / ACCESSWIRE / ...

3 months ago - Accesswire

Lakeland Industries to Report Fiscal 2024 Fourth Quarter Financial Results and Conduct Conference Call

HUNTSVILLE, AL / ACCESSWIRE / March 28, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and ...

3 months ago - Accesswire

Lakeland Industries to Participate in the 36th Annual ROTH Conference

HUNTSVILLE, AL / ACCESSWIRE / March 12, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and ...

4 months ago - Accesswire

Planet MicroCap Review Magazine for Winter/Spring 2024 Now Online

LOS ANGELES, CA / ACCESSWIRE / March 7, 2024 / Planet MicroCap, a global multimedia financial news, publishing, and events company that focuses on delivering news, information, data and analytics for ...

Other symbols: HGBL
4 months ago - Accesswire

Lakeland Industries Announces the Acquisition of Jolly Scarpe Footwear

Strategic Acquisition Expands Lakeland's Global Fire Services Portfolio with Jolly Scarpe's Leading Professional Footwear Offering for First Responders HUNTSVILLE, AL / ACCESSWIRE / February 5, 2024 /...

5 months ago - Accesswire

Lakeland Industries Declares Cash Dividend for First Quarter 2025

HUNTSVILLE, AL / ACCESSWIRE / February 1, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare an...

5 months ago - Accesswire

Lakeland Industries, Inc. Reports Fiscal 2024 Third Quarter Financial Results

Net sales of $31.7 million, up 11.6% year-over-year, and gross margin of 42.2% Continued strength in the Company's high-value, strategic product lines HUNTSVILLE, AL / ACCESSWIRE / December 6, 2023 / ...

7 months ago - Accesswire

Lakeland Industries Announces the Acquisition of Pacific Helmets

Strategic Acquisition Expands Lakeland's Global Fire Services Portfolio with Pacific Helmet's Leading Safety Helmet Offerings HUNTSVILLE, AL / ACCESSWIRE / November 30, 2023 / Lakeland Industries, Inc...

7 months ago - Accesswire

Lakeland Industries to Report Fiscal 2024 Third Quarter Financial Results and Conduct Conference Call

HUNTSVILLE, AL / ACCESSWIRE / November 22, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare a...

7 months ago - Accesswire

Lakeland Industries to Present and Host 1x1 Investor Meetings at the Sidoti Virtual Micro-Cap Conference on November 15-16

HUNTSVILLE, AL / ACCESSWIRE / November 13, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare a...

8 months ago - Accesswire

Lakeland Industries Declares Cash Dividend for Fourth Quarter 2024

HUNTSVILLE, AL / ACCESSWIRE / November 1, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare an...

8 months ago - Accesswire

Lakeland Industries to Attend A+A 2023 Trade Fair

HUNTSVILLE, AL / ACCESSWIRE / October 24, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare an...

9 months ago - Accesswire

Lakeland Industries Announces Executive Leadership Changes

Charlie Roberson to step down as President and Chief Executive Officer of Lakeland Industries and as a member of the Board of Directors Current Executive Chairman, James M. Jenkins, will oversee the C...

9 months ago - Accesswire

Lakeland Industries, Inc. Reports Fiscal 2024 Second Quarter Financial Results

Net sales of $33.1 million, up 17.3% year-over-year, and gross margin of 42.9% Continued strength in high-value, strategic product lines, led by 202% increase in fire service HUNTSVILLE, AL / ACCESSWI...

10 months ago - Accesswire

Lakeland Industries to Report Fiscal 2024 Second Quarter Financial Results and Conduct Conference Call

HUNTSVILLE, AL / ACCESSWIRE / August 28, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and...

11 months ago - Accesswire

Lakeland Industries to Present and Host 1x1 Investor Meetings at the 14th Annual Midwest IDEAS Investor Conference on August 24th in Chicago, IL

HUNTSVILLE, AL / ACCESSWIRE / August 21, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and...

11 months ago - Accesswire

Lakeland Industries Declares Cash Dividend for Third Quarter 2024

HUNTSVILLE, AL / ACCESSWIRE / August 1, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and ...

1 year ago - Accesswire