Shares of Lumber Liquidators Holdings, Inc (NYSE:LL) have been given an average recommendation of “Hold” by the fourteen brokerages that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $27.78.
A number of analysts recently commented on LL shares. Zacks Investment Research raised Lumber Liquidators Holdings from a “hold” rating to a “buy” rating and set a $28.00 price objective on the stock in a research note on Wednesday, July 5th. Dougherty & Co reduced their target price on Lumber Liquidators Holdings from $5.50 to $4.00 and set a “buy” rating on the stock in a research report on Wednesday, May 10th. Oppenheimer Holdings, Inc. set a $34.00 target price on Lumber Liquidators Holdings and gave the stock a “buy” rating in a research report on Wednesday, July 26th. TheStreet upgraded Lumber Liquidators Holdings from a “d+” rating to a “c” rating in a research report on Tuesday, August 1st. Finally, Morgan Stanley increased their target price on Lumber Liquidators Holdings from $15.00 to $20.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 3rd.
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Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Lumber Liquidators Holdings by 7.0% in the second quarter. Vanguard Group Inc. now owns 2,504,255 shares of the specialty retailer’s stock worth $62,756,000 after buying an additional 162,866 shares during the period. Gilder Gagnon Howe & Co. LLC increased its position in Lumber Liquidators Holdings by 204.1% in the first quarter. Gilder Gagnon Howe & Co. LLC now owns 1,841,021 shares of the specialty retailer’s stock worth $38,643,000 after buying an additional 1,235,707 shares during the period. State Street Corp increased its position in Lumber Liquidators Holdings by 5.1% in the second quarter. State Street Corp now owns 631,095 shares of the specialty retailer’s stock worth $15,820,000 after buying an additional 30,639 shares during the period. Royce & Associates LP increased its position in Lumber Liquidators Holdings by 14.6% in the first quarter. Royce & Associates LP now owns 566,797 shares of the specialty retailer’s stock worth $11,897,000 after buying an additional 72,000 shares during the period. Finally, Russell Investments Group Ltd. increased its position in Lumber Liquidators Holdings by 0.6% in the first quarter. Russell Investments Group Ltd. now owns 488,482 shares of the specialty retailer’s stock worth $10,252,000 after buying an additional 2,876 shares during the period. Institutional investors own 71.89% of the company’s stock.
Shares of Lumber Liquidators Holdings (NYSE LL) traded up 3.696% during mid-day trading on Friday, reaching $35.775. 697,074 shares of the company traded hands. Lumber Liquidators Holdings has a 52-week low of $14.02 and a 52-week high of $37.84. The company’s 50 day moving average is $28.97 and its 200 day moving average is $23.70. The stock’s market capitalization is $1.02 billion.
Lumber Liquidators Holdings (NYSE:LL) last posted its quarterly earnings data on Tuesday, August 1st. The specialty retailer reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.24. The business had revenue of $263.50 million for the quarter, compared to analyst estimates of $256.89 million. Lumber Liquidators Holdings had a negative return on equity of 11.75% and a negative net margin of 4.58%. The business’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter last year, the company earned ($0.45) earnings per share. On average, equities analysts forecast that Lumber Liquidators Holdings will post ($0.69) earnings per share for the current year.
About Lumber Liquidators Holdings
Lumber Liquidators Holdings, Inc is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. Its product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork, Vinyl Plank and Other, Moldings and Accessories, and Non-Merchandise Services.
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