Lakeland Industries (LAKE) Given News Impact Score of 0.03

News stories about Lakeland Industries (NASDAQ:LAKE) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lakeland Industries earned a coverage optimism score of 0.03 on Accern’s scale. Accern also gave media stories about the medical instruments supplier an impact score of 45.2146291943233 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Lakeland Industries stock traded up $0.05 during trading hours on Friday, reaching $13.75. 1,308 shares of the stock were exchanged, compared to its average volume of 13,626. The company has a market cap of $111.19 million, a P/E ratio of 19.10 and a beta of 0.28. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.08 and a current ratio of 6.98. Lakeland Industries has a 52-week low of $12.20 and a 52-week high of $16.85.

Lakeland Industries (NASDAQ:LAKE) last announced its quarterly earnings data on Friday, June 8th. The medical instruments supplier reported $0.23 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.23. The company had revenue of $24.34 million during the quarter, compared to the consensus estimate of $23.65 million. Lakeland Industries had a net margin of 0.61% and a return on equity of 6.91%. equities analysts predict that Lakeland Industries will post 1 earnings per share for the current year.

A number of equities analysts have commented on the stock. ValuEngine downgraded shares of Lakeland Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, April 18th. Zacks Investment Research downgraded shares of Lakeland Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 20th.

Lakeland Industries Company Profile

Lakeland Industries, Inc manufactures and sells a range of safety garments and accessories for the industrial and public protective clothing market in the United States and internationally. It offers limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks; high-end chemical protective suits to provide protection from highly concentrated, and hazardous chemical and biological toxins; and firefighting and heat protective apparel to protect against fire, burns, and excessive heat.

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