Lakeland Industries (FRA:LLI) Shares Outstanding (Basic Average): 9.9 Mil (As of Apr. 2026)


FRA:LLI Lakeland Industries Inc FRA:LLI
67 GF Score
Price €8.30
GF Value €14.98
Valuation Possible Value Trap
! 7 Warning Signs
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What is Lakeland Industries Shares Outstanding (Basic Average)?

Lakeland Industries FRA:LLI -3.49% 67 Shares Outstanding (Basic Average) is 9.9 Mil as of Apr. 2026. GuruFocus rates FRA:LLI with a GF Score™ of 67/100 and a GF Value™ of €14.98 (Possible Value Trap). The stock has 7 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Lakeland Industries's average basic shares outstanding for the quarter that ended in Apr. 2026 was 9.9 Mil.


Lakeland Industries  (FRA:LLI) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Lakeland Industries Shares Outstanding (Basic Average) Related Terms


Lakeland Industries Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Lakeland Industries's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lakeland Industries Shares Outstanding (Basic Average) Chart

Lakeland Industries Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.90 7.56 7.35 7.43 9.63

Lakeland Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.50 9.53 9.75 9.81 9.86
FRA:LLI
67GF Score
Lakeland Industries Inc FRA:LLI
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Lakeland Industries Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 9.9 Mil mean?
Lakeland Industries (FRA:LLI) has a Shares Outstanding (Basic Average) of 9.9 Mil as of Apr. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Lakeland Industries and its competitors.
Is Lakeland Industries' Shares Outstanding (Basic Average) too high?
Lakeland Industries' current Shares Outstanding (Basic Average) is 9.9 Mil. Overall, Lakeland Industries has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lakeland Industries' Shares Outstanding (Basic Average) compare to JXG and PLCE?
Lakeland Industries' Shares Outstanding (Basic Average) of 9.9 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Manufacturing - Apparel & Accessories company?
A good Shares Outstanding (Basic Average) depends on the Manufacturing - Apparel & Accessories industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Lakeland Industries and its competitors. Lakeland Industries's current Shares Outstanding (Basic Average) is 9.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakeland Industries stock overvalued right now?
Based on GuruFocus' analysis, Lakeland Industries (FRA:LLI) is currently considered Possible Value Trap. The stock's GF Value™ is €14.98, compared to a current price of €8.30 — trading 44.6% below its estimated fair value. The current Shares Outstanding (Basic Average) is 9.9 Mil. Lakeland Industries' overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Lakeland Industries (FRA:LLI), the current Shares Outstanding (Basic Average) is 9.9 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lakeland Industries (FRA:LLI) Overvalued in 2026?

Based on GuruFocus' analysis, Lakeland Industries stock appears to be undervalued. The current stock price of €8.30 is trading 44.6% below its estimated GF Value™ of €14.98. GuruFocus considers Lakeland Industries to be Possible Value Trap.

Key valuation signals for FRA:LLI:

  • Shares Outstanding (Basic Average): 9.9 Mil
  • GF Value™: €14.98 vs. price of €8.30 (44.6% below fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the FRA:LLI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lakeland Industries Business Description

Other Exchanges LAKE:USALLI:Germany
Address 1525 Perimeter Parkway, Suite 325, Huntsville, AL, USA, 35806
Lakeland Industries Inc manufactures and sells safety garments and accessories for the industrial protective clothing market. Its product segments include Disposables, Chemicals, Fire, Gloves, High Visibility, High-Performance Wear, and Wovens. Its customers include integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, and mortuaries, as well as scientific and medical laboratories. Its geographical segments include the United States, Latin America, Canada, Asia, Mexico, Europe, and Other Foreign. It generates the majority of its revenue from the United States.
67GF Score

Get the complete analysis for FRA:LLI

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€8.30
Price
€14.98
GF Value