Lumber Liquidators Holdings Inc (NYSE:LL) has been assigned an average rating of “Hold” from the sixteen ratings firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation and fourteen have given a hold recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $13.33.
LL has been the subject of a number of research analyst reports. Zacks Investment Research downgraded Lumber Liquidators from a “buy” rating to a “hold” rating in a report on Saturday, March 2nd. ValuEngine downgraded Lumber Liquidators from a “sell” rating to a “strong sell” rating in a report on Monday, February 4th. SunTrust Banks restated a “hold” rating and set a $10.00 price objective on shares of Lumber Liquidators in a report on Monday, January 7th. Wedbush set a $11.00 price objective on Lumber Liquidators and gave the stock a “hold” rating in a report on Tuesday, March 19th. Finally, Morgan Stanley set a $10.00 price objective on Lumber Liquidators and gave the stock a “hold” rating in a report on Tuesday, March 19th.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Next Capital Management LLC purchased a new stake in shares of Lumber Liquidators during the fourth quarter valued at approximately $56,000. Municipal Employees Retirement System of Michigan purchased a new stake in shares of Lumber Liquidators during the fourth quarter valued at approximately $77,000. Metropolitan Life Insurance Co. NY boosted its stake in shares of Lumber Liquidators by 385.3% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 9,420 shares of the specialty retailer’s stock valued at $90,000 after purchasing an additional 7,479 shares during the period. Rafferty Asset Management LLC purchased a new stake in shares of Lumber Liquidators during the fourth quarter valued at approximately $103,000. Finally, Oregon Public Employees Retirement Fund purchased a new stake in shares of Lumber Liquidators during the fourth quarter valued at approximately $104,000. Hedge funds and other institutional investors own 79.84% of the company’s stock.
Shares of Lumber Liquidators stock traded up $0.31 during trading hours on Wednesday, reaching $11.27. 1,792,757 shares of the company’s stock were exchanged, compared to its average volume of 1,023,561. Lumber Liquidators has a 52-week low of $8.81 and a 52-week high of $26.92. The firm has a market cap of $312.33 million, a PE ratio of 19.96, a P/E/G ratio of 0.79 and a beta of 1.70. The company has a quick ratio of 0.20, a current ratio of 1.51 and a debt-to-equity ratio of 0.44.
Lumber Liquidators (NYSE:LL) last issued its quarterly earnings results on Monday, March 18th. The specialty retailer reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. Lumber Liquidators had a positive return on equity of 7.50% and a negative net margin of 5.01%. The company had revenue of $268.90 million for the quarter, compared to analyst estimates of $272.59 million. During the same quarter in the prior year, the company posted $0.10 EPS. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. Equities research analysts anticipate that Lumber Liquidators will post 0.5 EPS for the current year.
About Lumber Liquidators
Lumber Liquidators Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard-surface flooring, and hard-surface flooring enhancements and accessories. The company offers hardwood species, engineered hardwood, laminates, resilient vinyl flooring, waterproof vinyl plank, and porcelain tile; renewable flooring, and bamboo and cork products; and a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools under the Bellawood brand.
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