Lands’ End (NASDAQ:LE) Stock Rating Upgraded by StockNews.com

Lands’ End (NASDAQ:LE) was upgraded by StockNews.com from a “buy” rating to a “strong-buy” rating in a note issued to investors on Monday.

Lands’ End Stock Performance

LE stock opened at $14.69 on Monday. The stock’s 50 day simple moving average is $16.26 and its 200 day simple moving average is $15.49. The company has a current ratio of 1.74, a quick ratio of 0.45 and a debt-to-equity ratio of 1.29. Lands’ End has a 12-month low of $7.64 and a 12-month high of $19.88. The stock has a market capitalization of $454.36 million, a PE ratio of -22.26 and a beta of 2.76.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Gladius Capital Management LP bought a new stake in Lands’ End during the second quarter worth approximately $31,000. SG Americas Securities LLC bought a new position in shares of Lands’ End during the 3rd quarter valued at approximately $101,000. XTX Topco Ltd purchased a new position in Lands’ End during the second quarter worth $343,000. AQR Capital Management LLC bought a new position in Lands’ End during the second quarter valued at $353,000. Finally, Simplicity Wealth LLC raised its stake in shares of Lands’ End by 2.5% in the third quarter. Simplicity Wealth LLC now owns 28,159 shares of the company’s stock valued at $486,000 after acquiring an additional 700 shares during the period. 37.46% of the stock is currently owned by institutional investors.

Lands’ End Company Profile

Lands’ End, Inc operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniform in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.