How to Buy Lakeland Industries Stock
Lakeland Industries Inc
Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide.
Lakeland Industries stock last closed at $16.99, up 2.66% from the previous day, and has increased 41.35% in one year. It has overperformed other stocks in the Apparel Manufacturing industry by 0.29 percentage points. Lakeland Industries stock is currently +60.28% from its 52-week low of $10.60, and -13.58% from its 52-week high of $19.66.
There are currently 7.37M LAKE shares outstanding. The market cap of LAKE is $125.25M. In the last 24 hours, 31,079 LAKE shares were traded.
How to Buy Lakeland Industries Stock
Wondering how to invest in Lakeland Industries stock? Here's how.
- Figure out where to buy Lakeland Industries stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Lakeland Industries stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your payment method and add your details.
- Analyze Lakeland Industries stock: The Lakeland Industries ticker symbol is LAKE. Is Lakeland Industries stock a good investment? Should you buy shares of LAKE? How do LAKE's underlying business fundamentals look? Do top analysts think Lakeland Industries is a good buy? Why has LAKE's stock price moved recently? (Hint: Our stock research website can help you understand if LAKE is a good stock to buy).
- Place your LAKE buy order: Decide if you will purchase LAKE shares at the current market price or use a limit order to purchase LAKE stock at a given price.
- Get updates on your investment in LAKE: Create a watchlist to key updates about your position in Lakeland Industries shares.
Step 1: Figure out where to buy Lakeland Industries stock
You will need a brokerage account in order to access the NASDAQ market and buy LAKE stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal details so you can buy LAKE today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start a new trading account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've finished signing up on the best stock broker app, you can securely and quickly fund your account:
Check out the tutorial below for more details transferring money into your new investment account.
Step 4: Analyze Lakeland Industries stock
Once you have decided on the best place to buy Lakeland Industries stock, it's critical to analyze their stock before you invest, so you truly understand the risk as well as the upside.
Lakeland Industries Metrics
Fundamentals of LAKE
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on LAKE's stock page.
Is LAKE stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge LAKE's fair value.
Using relative valuations metrics:
- LAKE could be overvalued based on its P/E ratio of 22.96x, relative to Apparel Manufacturing industry P/E ratio of 19.13x
- LAKE could be undervalued based on its P/B ratio of 1.01x, relative to Apparel Manufacturing industry P/B ratio of 2.49x
- LAKE may be undervalued based on its PEG ratio of 0.96x
You can access additional valuation analysis on LAKE's stock here.
LAKE Financial Overview
Signs that LAKE is financially healthy:
- LAKE earnings of $9.41M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the LAKE balance sheet.
- LAKE's operating cash flow of $10.91M allows it to safely service it's debt of $12.31M.
- LAKE profit margin has gone up from 1.7% to 4.4% in the past year.
- LAKE has a low debt to equity ratio of 0.25.
- There are more short-term assets than long-term liabilities on the LAKE balance sheet.
Signs that LAKE is not financially healthy:
- Total LAKE debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy LAKE stock
Out of 1 Wall Street analysts who give recommendations on LAKE, the consensus analyst rating on Lakeland Industries is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Lakeland Industries stock forecast page.
Metrics for Advanced LAKE Traders
LAKE Earnings
Last year, LAKE earnings were $5.43M. Over the past 5 year, LAKE's earnings have increased by 32.68% per year. This was faster than the Apparel Manufacturing industry average of 0.54%.
Last year, LAKE revenue was $124.69M. Over the past 5 year, LAKE's revenue has gone up by 4.72% per year. This was faster than the Apparel Manufacturing industry average of 2.83%.
You can analyze LAKE's earnings and revenue performance here.
Latest Insiders Trades at LAKE
In the past year, executives and large shareholders at LAKE have sold more shares than they have bought.
An Hui, Chief Operating Officer of LAKE, was the latest LAKE insider to sell. They sold $6,147.90 worth of LAKE stock on Mar 30, 2024.
Get more info about who owns LAKE shares here.
Does LAKE provide a stable income stream?
Lakeland Industries pays a dividend of 0.71%, compared to the Apparel Manufacturing industry's average dividend yield of 2.77%. If you owned $1,000 of LAKE stock, you would have received $7.06 last year.
Dig into more analysis about Lakeland Industries dividend yield and history here.
What do other traders have to say about LAKE?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your LAKE buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, place a limit order.
Click the Open button and eToro will place the order.
If you require additional help with buying stocks on eToro, click the helpful video below:
Step 6: Get updates on your investment in LAKE
Now that you own some shares in LAKE, you'll want to keep up with your stock purchase.
Add LAKE to a watchlist to keep tabs on your LAKE stock.
LAKE Feed
How to Buy Stock in Lakeland Industries
To summarize, here are the 6 steps you need to take to buy Lakeland Industries stock right now:
- Figure out where to buy Lakeland Industries stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Analyze Lakeland Industries stock
- Place your LAKE buy order
- Get updates on your investment in LAKE
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to track your new investment in Lakeland Industries, click the button below.
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