Lakeland Industries, Inc. (LAKE)

NASDAQ: LAKE · IEX Real-Time Price · USD
14.98
+0.03 (0.17%)
Sep 22, 2023, 4:00 PM EDT - Market closed
0.17%
Market Cap 110.32M
Revenue (ttm) 119.16M
Net Income (ttm) 5.40M
Shares Out 7.36M
EPS (ttm) 0.71
PE Ratio 21.10
Forward PE 13.92
Dividend $0.12 (0.80%)
Ex-Dividend Date Aug 14, 2023
Volume 55,637
Open 15.00
Previous Close 14.96
Day's Range 14.82 - 15.21
52-Week Range 10.60 - 16.07
Beta 0.59
Analysts Strong Buy
Price Target 25.00 (+66.89%)
Earnings Date Sep 6, 2023

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 also pr... [Read more]

IPO Date Sep 9, 1986
Employees 1,550
Stock Exchange NASDAQ
Ticker Symbol LAKE
Full Company Profile

Financial Performance

In 2022, LAKE's revenue was $112.85 million, a decrease of -4.68% compared to the previous year's $118.39 million. Earnings were $1.87 million, a decrease of -83.53%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for LAKE stock is "Strong Buy" and the 12-month stock price forecast is $25.0.

Price Target
$25.0
(66.89% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

18 days 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...

4 weeks 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...

4 weeks 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 ...

7 weeks ago - Accesswire

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

Net sales of $28.7 million and gross margin of 43.4% Strong growth in high-value, strategic product lines, led by 103% increase in Fire HUNTSVILLE, AL / ACCESSWIRE / June 7, 2023 / Lakeland Industries...

3 months ago - Accesswire

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

HUNTSVILLE, AL / ACCESSWIRE / May 25, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and fi...

4 months ago - Accesswire

Lakeland Industries Declares Cash Dividend for Second Quarter 2024

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

5 months ago - Accesswire

Lakeland Industries, Inc. Reports Fiscal 2023 Fourth Quarter and Full Year Financial Results

Fiscal 2023 net sales of $112.8 million and gross margin of 40.6% Expects continued momentum and growth in fiscal 2024 HUNTSVILLE, AL / ACCESSWIRE / April 13, 2023 / Lakeland Industries, Inc. (NASDAQ:...

5 months ago - Accesswire

Lakeland Industries Announces Management Changes

Allen Dillard to Retire Helena An promoted to Chief Operating Officer HUNTSVILLE, AL / ACCESSWIRE / April 10, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading gl...

6 months ago - Accesswire

Lakeland Industries to Report Fiscal 2023 Fourth Quarter Financial Results and Conduct Conference Call

HUNTSVILLE, AL / ACCESSWIRE / March 30, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and ...

6 months ago - Accesswire

Lakeland Industries, Inc. to Attend Sidoti Virtual Investor Conference March 22-23

HUNTSVILLE, AL / ACCESSWIRE / March 20, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and ...

6 months ago - Accesswire

Lakeland Industries, Inc. to Attend 35th Annual Roth Conference March 12-14

HUNTSVILLE, AL / ACCESSWIRE / March 8, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and f...

7 months ago - Accesswire

Lakeland Industries Announces CFO Transition

HUNTSVILLE, AL / ACCESSWIRE / February 2, 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 Announces the Initiation of a Quarterly Dividend Program

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

8 months ago - Accesswire

Lakeland Industries Finalizes Previously Announced Board Transition

HUNTSVILLE, AL / ACCESSWIRE / January 26, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare an...

Other symbols: TRNS
8 months ago - Accesswire

Lakeland Industries, Inc. Reports Fiscal 2023 Third Quarter Financial Results

Net sales of $28.4 million and gross margin of 43.3% HUNTSVILLE, AL / ACCESSWIRE / December 8, 2022 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufactur...

10 months ago - Accesswire

Lakeland Industries Enhances Its Global Fire Protection Business with the Acquisition of Eagle Technical Products

HUNTSVILLE, AL / ACCESSWIRE / December 5, 2022 / Leading global protective apparel manufacturer Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland") announced today the acquisition of...

10 months ago - Accesswire

Lakeland Industries to Report Fiscal 2023 Third Quarter Financial Results and Conduct Conference Call

HUNTSVILLE, AL / ACCESSWIRE / November 28, 2022 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare a...

10 months ago - Accesswire

Lakeland Industries, Inc. to Attend Sidoti Virtual Investor Conference September 21-22

HUNTSVILLE, AL / ACCESSWIRE / September 15, 2022 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare ...

1 year ago - Accesswire

Lakeland Industries, Inc. Reports Fiscal 2023 Second Quarter Financial Results

Net sales of $28.2 million, up 3.3% sequentially and an increase of 2.6% year-over-year HUNTSVILLE, AL / ACCESSWIRE / September 8, 2022 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lak...

1 year ago - Accesswire

Lakeland Industries to Report Fiscal 2023 Second Quarter Financial Results and Conduct Conference Call

HUNTSVILLE, AL / ACCESSWIRE / August 25, 2022 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and...

1 year ago - Accesswire

Lakeland Industries Announces Board Leadership Changes In Line With Existing Board Succession Plan

HUNTSVILLE, AL / ACCESSWIRE / June 22, 2022 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and f...

1 year ago - Accesswire

Lakeland Industries, Inc. Reports Fiscal 2023 First Quarter Financial Results

First quarter gross margin of 40.5% on gross profit of $11.1 million HUNTSVILLE, AL / ACCESSWIRE / June 9, 2022 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading globa...

1 year ago - Accesswire

Lakeland Industries to Report Fiscal 2023 First Quarter Financial Results and Conduct Conference Call

HUNTSVILLE, AL / ACCESSWIRE / May 26, 2022 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and fi...

1 year ago - Accesswire

Why Lakeland Industries Shares Are Sliding After Q4 Earnings

Lakeland Industries, Inc. (NASDAQ: LAKE) reported a fourth-quarter net sales decline of 27% year-over-year to $26.8 million, missing the consensus of $29.9 million. Domestic sales were $11.2 million o...

1 year ago - Benzinga