Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide.
Flawless balance sheet with moderate growth potential.
Share Price & News
How has Lakeland Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LAKE's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LAKE exceeded the US Luxury industry which returned -20.2% over the past year.
Return vs Market: LAKE exceeded the US Market which returned -10.7% over the past year.
Price Volatility Vs. Market
How volatile is Lakeland Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StShould Lakeland Industries (NASDAQ:LAKE) Be Disappointed With Their 23% Profit?
3 months ago | Simply Wall StWhy Lakeland Industries, Inc.’s (NASDAQ:LAKE) Use Of Investor Capital Doesn’t Look Great
4 months ago | Simply Wall StHave Insiders Been Selling Lakeland Industries, Inc. (NASDAQ:LAKE) Shares This Year?
Is Lakeland Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LAKE ($15.57) is trading below our estimate of fair value ($108.08)
Significantly Below Fair Value: LAKE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LAKE is poor value based on its PE Ratio (839.2x) compared to the Luxury industry average (11.1x).
PE vs Market: LAKE is poor value based on its PE Ratio (839.2x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: LAKE is poor value based on its PEG Ratio (6.2x)
Price to Book Ratio
PB vs Industry: LAKE is overvalued based on its PB Ratio (1.5x) compared to the US Luxury industry average (0.9x).
How is Lakeland Industries forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LAKE's forecast earnings growth (135.2% per year) is above the savings rate (1.7%).
Earnings vs Market: LAKE's earnings (135.2% per year) are forecast to grow faster than the US market (12.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LAKE's revenue (7.1% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: LAKE's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LAKE's Return on Equity is forecast to be high in 3 years time
How has Lakeland Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LAKE has a large one-off loss of $1.4M impacting its October 31 2019 financial results.
Growing Profit Margin: LAKE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: LAKE has become profitable over the past 5 years, growing earnings by -47.6% per year.
Accelerating Growth: LAKE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: LAKE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (3.2%).
Return on Equity
High ROE: LAKE's Return on Equity (0.2%) is considered low.
How is Lakeland Industries's financial position?
Financial Position Analysis
Short Term Liabilities: LAKE's short term assets ($78.6M) exceed its short term liabilities ($12.6M).
Long Term Liabilities: LAKE's short term assets ($78.6M) exceed its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: LAKE's debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: LAKE's debt to equity ratio has reduced from 17.8% to 2% over the past 5 years.
Debt Coverage: LAKE's debt is well covered by operating cash flow (36%).
Interest Coverage: LAKE's interest payments on its debt are well covered by EBIT (31.1x coverage).
Inventory Level: LAKE has a high level of physical assets or inventory.
Debt Coverage by Assets: LAKE's debt is covered by short term assets (assets are 46.4x debt).
What is Lakeland Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LAKE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LAKE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LAKE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LAKE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LAKE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Charles Roberson (56yo)
Mr. Charles D. Roberson has been the Chief Executive Officer, President, Secretary and Director of Lakeland Industries Inc. since February 1, 2020. Mr. Roberson had been the Chief Operating Officer of Lake ...
CEO Compensation Analysis
Compensation vs Market: Charles's total compensation ($USD366.46K) is below average for companies of similar size in the US market ($USD605.16K).
Compensation vs Earnings: Charles's compensation has been consistent with company performance over the past year.
|Executive Chairman||no data||US$771.27k||5.41% $6.7m|
|CEO, President||no data||US$366.46k||0.23% $281.6k|
|Independent Director||2.67yrs||US$125.00k||0.0079% $9.8k|
|Lead Independent Director||no data||US$160.67k||0.54% $665.3k|
|Independent Director||3.67yrs||US$156.40k||0.24% $291.7k|
|Independent Director||9yrs||US$163.20k||0.49% $602.1k|
Experienced Board: LAKE's board of directors are considered experienced (3.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lakeland Industries, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Lakeland Industries, Inc.
- Ticker: LAKE
- Exchange: NasdaqGM
- Founded: 1982
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: US$124.106m
- Shares outstanding: 8.01m
- Website: https://www.lakeland.com
Number of Employees
- Lakeland Industries, Inc.
- 3555 Veterans Memorial Highway
- Suite C
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LAKE||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Sep 1986|
|LLI||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Sep 1986|
Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. 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, toxic and/or lethal chemicals, and biological toxins; and firefighting and heat protective apparel to protect against fire, burns, and excessive heat. The company also provides reusable woven garments, including electrostatic dissipative apparel for electric and gas utilities; flame resistant meta aramid and FR cotton coveralls/pants/jackets used in petrochemical and refining operations; FR fabrics; and cotton and polycotton coveralls, lab coats, pants, and shirts. In addition, it provides high visibility clothing comprising reflective apparel, including vests, T-shirts, sweatshirts, jackets, coats, raingear, jumpsuits, hats, and gloves; and gloves and sleeves that are used in the automotive, glass, and metal fabrication industries. The company sells its products to a network of approximately 1,600 safety and industrial supply distributors through in-house sales teams, customer service group, and independent sales representatives. It serves end users, such as integrated oil, chemical/petrochemical, automobile, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high technology electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry; and federal, state, and local governmental agencies and departments. The company was founded in 1982 and is headquartered in Ronkonkoma, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 23:53|
|End of Day Share Price||2020/03/31 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.