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Why Lands' End (LE) Stock Might be a Great Pick

One stock that might be an intriguing choice for investors right now is Lands' End, Inc. LE. This is because this security in the Retail – Catalog Shopping space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Retail – Catalog Shopping space as it currently has a Zacks Industry Rank of 8 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Lands’ End is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

Lands' End, Inc. Price and Consensus

Lands End, Inc. Price and Consensus
Lands End, Inc. Price and Consensus

Lands' End, Inc. price-consensus-chart | Lands' End, Inc. Quote

In fact, over the past month, current quarter estimates have moved from a loss of 14 cents per share to earnings of 10 cents per share, while current year estimates have risen from 49 cents per share to $1.00 per share. This has helped LE to earn a Zacks Rank #2 (Buy), further underscoring the company’s solid position. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

So, if you are looking for a decent pick in a strong industry, consider Lands’ End. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

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You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.

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Lands End, Inc. (LE) : Free Stock Analysis Report

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