Lands’ End Soared by 126%. What do Analysts Think About It?

The retail landscape has been shifting during the last few years. As a result, many respected names have fallen by the wayside, but some have survived. Lands’ End, founded nearly 60 years ago, is one of them. This company has built a reputation for quality in the footwear, clothing, and home décor niche. It brought in $1.45 billion for its fiscal year 2019.

In 2020, only part of numbers had been published thus far, but it seems Lands’ End is on track for steady growth. The stock posted year-over-year revenue gains in both the second and third quarters of 2020, indicating a fast recovery from the coronavirus crisis. The third quarter’s Revenue was $360 million, higher by 5.8% from 3Q19 and surpassing by 15% 2Q20’s numbers. The company has already revised its Q4 guidance upward. They expect Revenue to come between $528 million and $533 million, higher by 4% at the midpoint. According to estimations, EPS will probably be between 54 cents and 58 cents, for a 19% midpoint increase.

Due to solid revenues, the stock has jumped by a robust 126% over the past 52 weeks. Craig-Hallum, analyst Alex Fuhrman gave it a strong buy rating. According to the analyst, with a $35 price target, investors could gain 27% in the next 12 months.

Is Alpha and Omega Semiconductor also a strong-buy?

Alpha and Omega is a semiconductor maker. The company boasts a wide portfolio of chipsets, specifically designs for the power control requirements of advanced electronic devices. Alpha and Omega’s chips are used in a range of common devices, including LED lighting, flat-screen TVs, smartphones, or portable PCs, and the power supply units for these products.

The stock reported $151.6 million in revenue in the fiscal 1Q21, with a 28% year-over-year increase. Earnings had been negative before the fiscal first-quarter report. However, they also turned positive with an EPS of 36 cents. Such gain bodes well for the company’s performance, especially now that the coronavirus pandemic crisis is starting to recede. Alpha and Omega will release the second fiscal quarter results on Thursday, February 4.

Meanwhile, the stock’s performance is picking up, with shares surging forward by 123% over the past 12 months.

Analyst Craig Ellis of B. Riley Securities stated that Alpha and Omega has good growth potential. He rated AOSL as a Buy, setting a $40 price target. Such figure implies a 40% increase from current levels.