Lumber Liquidators Holdings, Inc (LL) Given a $43.00 Price Target at Oppenheimer Holdings, Inc.

Oppenheimer Holdings, Inc. set a $43.00 price target on Lumber Liquidators Holdings, Inc (NYSE:LL) in a report issued on Tuesday. The brokerage currently has a buy rating on the specialty retailer’s stock.

Several other brokerages also recently weighed in on LL. Morgan Stanley lifted their target price on Lumber Liquidators Holdings from $32.00 to $35.00 and gave the company an equal weight rating in a research note on Monday, October 2nd. Piper Jaffray Companies set a $32.00 target price on Lumber Liquidators Holdings and gave the company a hold rating in a research note on Wednesday, October 25th. Stifel Nicolaus lifted their target price on Lumber Liquidators Holdings from $20.00 to $33.00 and gave the company a hold rating in a research note on Wednesday, August 2nd. Zacks Investment Research downgraded Lumber Liquidators Holdings from a buy rating to a hold rating in a research note on Wednesday, October 18th. Finally, Wedbush lifted their target price on Lumber Liquidators Holdings from $35.00 to $39.00 and gave the company an outperform rating in a research note on Wednesday, October 11th. Nine research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $30.11.

Shares of Lumber Liquidators Holdings (NYSE LL) traded up 1.6647% on Tuesday, reaching $31.2924. The company’s stock had a trading volume of 2,247,279 shares. Lumber Liquidators Holdings has a 1-year low of $14.02 and a 1-year high of $41.33. The stock has a 50-day moving average price of $36.27 and a 200-day moving average price of $30.58. The company’s market capitalization is $889.14 million.

Lumber Liquidators Holdings (NYSE:LL) last announced its earnings results on Tuesday, August 1st. The specialty retailer reported $0.16 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.24. Lumber Liquidators Holdings had a negative return on equity of 11.75% and a negative net margin of 4.58%. The company had revenue of $263.50 million for the quarter, compared to the consensus estimate of $256.89 million. During the same period last year, the business posted ($0.45) EPS. The company’s revenue was up 10.7% on a year-over-year basis. On average, equities research analysts forecast that Lumber Liquidators Holdings will post ($0.69) EPS for the current year.

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Several institutional investors and hedge funds have recently bought and sold shares of the company. Louisiana State Employees Retirement System lifted its holdings in shares of Lumber Liquidators Holdings by 0.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 11,600 shares of the specialty retailer’s stock valued at $291,000 after buying an additional 100 shares during the period. Texas Permanent School Fund lifted its holdings in shares of Lumber Liquidators Holdings by 1.3% in the 2nd quarter. Texas Permanent School Fund now owns 20,723 shares of the specialty retailer’s stock valued at $519,000 after buying an additional 270 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Lumber Liquidators Holdings by 0.5% in the 1st quarter. JPMorgan Chase & Co. now owns 65,483 shares of the specialty retailer’s stock valued at $1,374,000 after buying an additional 336 shares during the period. Municipal Employees Retirement System of Michigan lifted its holdings in shares of Lumber Liquidators Holdings by 6.7% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,670 shares of the specialty retailer’s stock valued at $167,000 after buying an additional 420 shares during the period. Finally, Nationwide Fund Advisors lifted its holdings in shares of Lumber Liquidators Holdings by 3.9% in the 2nd quarter. Nationwide Fund Advisors now owns 15,708 shares of the specialty retailer’s stock valued at $394,000 after buying an additional 590 shares during the period. 76.67% of the stock is owned by institutional investors and hedge funds.

Lumber Liquidators Holdings Company Profile

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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