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Best Value Stocks to Buy for August 13th
ZACKS· 2024-08-13 11:10
Here are two stocks with buy rank and strong value characteristics for investors to consider today, August 13th: Lakeland Industries, Inc. (LAKE) : This company that manufactures and sells industrial protective clothing and accessories carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days. Lakeland has a price-to-earnings ratio (P/E) of 15.23, compared with 21.30 for the industry. The company possesses a Value Score of A. ...
Lakeland Industries (LAKE) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2024-08-09 13:50
Core Viewpoint - The article emphasizes the importance of identifying and maintaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for sustaining momentum in stocks [1]. Group 1: Recent Price Strength Screen - The "Recent Price Strength" screen is a unique short-term trading strategy that helps identify stocks with strong fundamentals capable of maintaining an uptrend [2]. - Stocks that pass this screen are typically trading in the upper portion of their 52-week high-low range, indicating bullish sentiment [2]. Group 2: Lakeland Industries (LAKE) - Lakeland Industries has shown a solid price increase of 31.2% over the past 12 weeks, reflecting investor confidence in its potential upside [3]. - The stock has also maintained a price increase of 1.3% over the last four weeks, indicating that the upward trend is still intact [4]. - Currently, LAKE is trading at 83% of its 52-week high-low range, suggesting it may be on the verge of a breakout [4]. Group 3: Fundamental Strength - LAKE holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [5]. - The Zacks Rank system has a strong track record, with Rank 1 stocks generating an average annual return of +25% since 1988 [6]. - The Average Broker Recommendation for LAKE is also 1 (Strong Buy), indicating high optimism from the brokerage community regarding its near-term price performance [6]. Group 4: Additional Investment Opportunities - Besides LAKE, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting potential investment opportunities [7]. - The article encourages exploring over 45 Zacks Premium Screens tailored to different investing styles to identify winning stock picks [7].
Are Investors Undervaluing Lakeland Industries (LAKE) Right Now?
ZACKS· 2024-08-06 14:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuat ...
AGNICO EAGLE RELEASES DETOUR LAKE PROPOSED UNDERGROUND MINING PLAN DEMONSTRATING STRONG RETURNS AND PATHWAY TO ANNUAL GOLD PRODUCTION OF ONE MILLION OUNCES
Prnewswire· 2024-06-19 12:00
Contained Gold The proportion of underground mineral resources has increased in the March 31, 2024 estimate, compared to the December 31, 2023 estimate, as they are now being reported below a shallower resources pit. Future exploration, conversion drilling, bulk sampling and geological and structural studies are expected to improve and add evidence of high-grade continuity in the next iterations of the Detour Lake model Pathway to transform Detour Lake into a one million ounce per year producer The Undergro ...
Recent Price Trend in Lakeland Industries (LAKE) is Your Friend, Here's Why
ZACKS· 2024-06-10 13:50
Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- that could keep the momentum in the stock going. There are several stocks that passed through the screen and Lakeland Industries (LAKE) is one of them. Here are the key reasons why this stock is a solid choice for "trend" investi ...
Lakeland(LAKE) - 2025 Q1 - Quarterly Report
2024-06-06 19:34
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number: 0-15535 LAKELAND INDUSTRIES, INC. (Exact name of Registrant as specified in its charter) (State or ...
Lakeland(LAKE) - 2025 Q1 - Earnings Call Transcript
2024-06-05 18:54
Lakeland Industries, Inc. (NASDAQ:LAKE) Q1 2025 Results Conference Call June 5, 2024 12:00 PM ET Company Participants Jim Jenkins - President and Chief Executive Officer Roger Shannon - Chief Financial Officer Conference Call Participants Gerry Sweeney - ROTH MKM Matthew Galinko - Maxim Group Operator Good day, and welcome to the Lakeland Industries Fiscal 2025 First Quarter Financial Results Conference Call. All lines have been placed on a listen-only mode and the floor will be open for your questions and ...
Lakeland(LAKE) - 2025 Q1 - Quarterly Results
2024-06-04 23:35
EX-99.1 2 lake_ex991.htm PRESS RELEASE EXHIBIT 99.1 Lakeland Industries, Inc. Reports Fiscal 2025FirstQuarter 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 HUNTSVILLE, AL / ACCESSWIRE / June 4, 2024 / Lakeland Industries, Inc. (NASDAQ: LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healt ...
Lakeland Industries (LAKE) Q1 Earnings Miss Estimates
ZACKS· 2024-06-04 23:05
Lakeland Industries (LAKE) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -42.11%. A quarter ago, it was expected that this safety garments manufacturer would post earnings of $0.30 per share when it actually produced earnings of $0.22, delivering a surprise of -26.67%. Over the las ...
Should Value Investors Buy Lakeland Industries (LAKE) Stock?
zacks.com· 2024-05-27 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental ...