Lakeland Industries (LAKE) AI Stock Analysis

• Market Cap: $145.95M
• Dividend Yield: 0.78%
• Average Volume (3M): 140.17K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.85
• Revenue Growth: 34.28%
• EPS Growth: -495.11%
• Country: US
• Employees: 2,050
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Apparel - Manufacturers
• EPS (TTM): -0.41
• Shares Outstanding: 9,514,599
• 10 Day Avg. Volume: 283,389
• 30 Day Avg. Volume: 140,168
• PEG Ratio: <0.01
• Price to Book (P/B): <0.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.57
• Enterprise Value/Market Cap: 1.36
• Enterprise Value/Revenue: 0.34
• Enterprise Value/Gross Profit: 2.89
• Enterprise Value/Ebitda: 17.21
• 1Y Price Target: $25.50
• Price Target Upside: 83.19% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 46 Neutral
• Price Target: $13.50 ▼(-3.02%Downside)

Lakeland Industries is currently facing financial and operational challenges, reflected in its declining profitability and negative cash flow. While there are signs of revenue growth and strategic initiatives in place, significant risks remain. The bearish technical indicators and negative valuation metrics further contribute to a cautious outlook.

Positive Factors

Market Strategy

The acquisition of Veridian adds a quality asset for the U.S. and Latin America to the Fire service segment.

Revenue Growth

The company noted 32% y/y organic growth in the U.S. fire segment, and is pursuing many head-to-toe deals in the pipeline that incorporate equipment.

Negative Factors

Financial Performance

Gross margin of 33.5% was down from 40.1% sequentially and 44.6% in F1Q25 - driven by purchase accounting and slower orders from higher margin regions, likely as a result of tariff uncertainty.

Operational Challenges

Results were impacted by tariff uncertainty, slow orders from higher-margin regions, and the continued multi-quarter delay of a large order from Italy that is expected to ship in FY26.

Lakeland Industries Business Overview & Revenue Model

Company Description

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. The company also provides durable woven garments, including electrostatic dissipative apparel used in electronics clean rooms; flame resistant meta aramid, para aramid, and FR cotton coveralls/pants/jackets used in petrochemical, refining operations, and electrical utilities; 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 incorporated in 1982 and is headquartered in Huntsville, Alabama.

How the Company Makes Money

Lakeland Industries generates revenue primarily through the sale of its protective clothing and safety apparel products to a diverse customer base across various industries. The company's key revenue streams include direct sales to end-users, distributors, and government agencies. Significant factors contributing to its earnings include its extensive product portfolio, strong brand reputation, and ability to meet stringent safety standards. Additionally, Lakeland benefits from strategic partnerships and a global distribution network, which enhance its market reach and support consistent revenue generation.

Lakeland Industries Financial Statement Overview

Summary

Lakeland Industries is experiencing financial difficulties, marked by a significant decline in revenue growth and profitability. The decrease in gross and net profit margins, negative EBIT and EBITDA margins, combined with concerning cash flow metrics, indicate operational inefficiencies and liquidity issues. Despite a strong balance sheet with low leverage, the negative return on equity underscores the company's weak financial performance.

Income Statement

Lakeland Industries shows a decline in revenue growth and profitability. The gross profit margin decreased from 44.9% in 2021 to 41.1% in 2025, and the net profit margin turned negative at -10.8% in 2025. Revenue growth was strong in 2024 (33.9%), but negative in 2025 (-10.8%). The EBIT and EBITDA margins also turned negative, indicating operational challenges.

Balance Sheet

The company's balance sheet is relatively strong with a debt-to-equity ratio of 0.22 in 2025, indicating low leverage. However, the return on equity (ROE) turned negative to -12.3% in 2025, reflecting weak profitability. The equity ratio remains stable, showing a strong equity position relative to assets.

Cash Flow

Cash flow performance is concerning with negative free cash flow growth of -297% in 2025 and a negative operating cash flow to net income ratio. Free cash flow to net income is also unfavorable, indicating potential liquidity issues despite past positive cash flow performance.

Breakdown
Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
167.21M	124.69M	112.85M	118.39M	159.00M
	Gross Profit
68.67M	51.19M	45.85M	50.91M	79.25M
	EBIT
-9.27M	6.49M	4.00M	16.05M	43.85M
	EBITDA
-13.39M	11.52M	7.01M	18.04M	45.90M
	Net Income Common Stockholders
-18.07M	5.42M	1.87M	11.37M	35.33M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
17.48M	25.22M	24.64M	52.72M	52.60M
	Total Assets
212.53M	153.75M	142.94M	140.79M	139.93M
	Total Debt
31.65M	12.31M	5.24M	4.92M	2.38M
	Net Debt
14.17M	-12.91M	-19.40M	-47.80M	-50.22M
	Total Liabilities
65.91M	30.30M	22.95M	15.69M	17.01M
	Stockholders Equity
146.63M	123.45M	119.99M	125.10M	122.92M
Cash Flow		Free Cash Flow
-17.42M	8.84M	-7.44M	11.98M	39.00M
	Operating Cash Flow
-15.88M	10.91M	-5.45M	12.78M	40.67M
	Investing Cash Flow
-47.74M	-5.12M	-14.77M	-3.58M	-1.66M
	Financing Cash Flow
56.59M	-3.45M	-5.88M	-9.80M	-1.28M

Lakeland Industries Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.92
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LAKE, the sentiment is Negative. The current price of 13.92 is below the 20-day moving average (MA) of 18.06, below the 50-day MA of 17.26, and below the 200-day MA of 20.73, indicating a bearish trend. The MACD of -0.67 indicates Positive momentum. The RSI at 31.14 is Neutral, neither overbought nor oversold. The STOCH value of 14.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LAKE.

Lakeland Industries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FIGS	68 Neutral	$846.89M	838.33	0.31%	―	3.02%	-94.52%
Sector *	62 Neutral	$6.90B	11.05	2.80%	4.27%	2.67%	-24.92%
SGC	61 Neutral	$166.54M	22.13	3.71%	5.37%	2.28%	-37.96%
UFI	53 Neutral	$94.74M	―	-15.73%	―	2.51%	32.95%
JRSH	51 Neutral	$40.20M	―	-5.77%	6.12%	15.70%	-337.22%
CULP	50 Neutral	$50.36M	―	-31.18%	―	-9.80%	-59.08%
LAKE	46 Neutral	$145.95M	―	-17.61%	0.78%	34.28%	-495.11%

Lakeland Industries Corporate Events

Lakeland Industries Holds 2025 Annual Stockholders Meeting

On June 12, 2025, Lakeland Industries, Inc. held its 2025 Annual Meeting of Stockholders, where three proposals were voted on. The election of Class III directors, the ratification of RSM US LLP as the independent accounting firm, and the approval of executive compensation were all passed with varying levels of support. These decisions are expected to influence the company’s governance and financial oversight in the coming years.

The most recent analyst rating on (LAKE) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Lakeland Industries stock, see the LAKE Stock Forecast page.

Lakeland Industries Reports Record Q1 2026 Sales Growth

Lakeland Industries reported a 29% increase in net sales for the fiscal first quarter of 2026, reaching a record $46.7 million, driven by a 100% increase in Fire Services revenue. Despite the growth, the company faced challenges in Latin America and Canada due to shipment timing and tariff-related delays, impacting gross profit and adjusted EBITDA. The company remains optimistic about future growth, focusing on expanding opportunities in Latin America and pursuing M&A opportunities to consolidate the fragmented fire market.

The most recent analyst rating on (LAKE) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Lakeland Industries stock, see the LAKE Stock Forecast page.

Lakeland Industries Grants Performance-Based Stock Units

On May 1, 2025, Lakeland Industries‘ Compensation Committee granted performance-based restricted stock units (PSUs) to its executive officers, contingent on achieving specific revenue and EBITDA targets by 2031. The initiative aims to drive growth in total revenue, particularly within the Fire Services product line, and aligns executive incentives with long-term company performance, potentially impacting stakeholder value and company positioning.