Lakeland Industries, Inc. (LAKE)
NASDAQ: LAKE · Real-Time Price · USD
20.11
+0.52 (2.65%)
Nov 5, 2024, 11:05 AM EST - Market open
Lakeland Industries Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Lakeland Industries stock have an average target of 26.5, with a low estimate of 26 and a high estimate of 27. The average target predicts an increase of 31.78% from the current stock price of 20.11.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jul 3, 2024.
Analyst Ratings
The average analyst rating for LAKE stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $25 → $27 | Strong Buy | Maintains | $25 → $27 | +34.26% | Jul 3, 2024 |
| Maxim Group | Maxim Group | Strong Buy Maintains $22 → $26 | Strong Buy | Maintains | $22 → $26 | +29.29% | Jun 6, 2024 |
| Maxim Group | Maxim Group | Strong Buy Initiates $22 | Strong Buy | Initiates | $22 | +9.40% | Apr 24, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $30 → $25 | Strong Buy | Maintains | $30 → $25 | +24.32% | Apr 14, 2023 |
| Roth Capital | Roth Capital | Strong Buy Maintains $28 → $35 | Strong Buy | Maintains | $28 → $35 | +74.04% | Apr 16, 2021 |
Financial Forecast
Revenue This Year
167.79M
from 124.69M
Increased by 34.57%
Revenue Next Year
190.03M
from 167.79M
Increased by 13.25%
EPS This Year
0.90
from 0.72
Increased by 25.38%
EPS Next Year
1.87
from 0.90
Increased by 107.34%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 173.3M | 199.3M |
| Avg | 167.8M | 190.0M |
| Low | 160.7M | 179.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 38.9% | 18.8% |
| Avg | 34.6% | 13.3% |
| Low | 28.9% | 6.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.01 | 2.07 |
| Avg | 0.90 | 1.87 |
| Low | 0.79 | 1.67 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 40.0% | 129.1% |
| Avg | 25.4% | 107.3% |
| Low | 10.3% | 84.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.