Q4 2017 EPS Estimates for Lumber Liquidators Holdings, Inc Increased by Analyst (LL)

Lumber Liquidators Holdings, Inc (NYSE:LL) – Analysts at SunTrust Banks upped their Q4 2017 EPS estimates for Lumber Liquidators Holdings in a research note issued on Tuesday. SunTrust Banks analyst K. Hughes now anticipates that the specialty retailer will post earnings per share of $0.07 for the quarter, up from their prior forecast of $0.05. SunTrust Banks also issued estimates for Lumber Liquidators Holdings’ Q2 2018 earnings at $0.18 EPS, Q3 2018 earnings at $0.17 EPS, Q4 2018 earnings at $0.14 EPS, FY2018 earnings at $0.47 EPS, FY2019 earnings at $0.82 EPS and FY2020 earnings at $1.12 EPS.

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. The company had revenue of $263.50 million during the quarter, compared to the consensus estimate 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 company’s revenue was up 10.7% on a year-over-year basis. During the same period last year, the firm earned ($0.45) earnings per share.

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A number of other research analysts have also weighed in on the stock. Zacks Investment Research lowered shares of Lumber Liquidators Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Wedbush boosted their target price on shares of Lumber Liquidators Holdings from $35.00 to $39.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 11th. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $43.00 price objective on shares of Lumber Liquidators Holdings in a report on Wednesday, October 4th. Stifel Nicolaus boosted their price objective on shares of Lumber Liquidators Holdings from $20.00 to $33.00 and gave the stock a “hold” rating in a report on Wednesday, August 2nd. Finally, Piper Jaffray Companies set a $32.00 price objective on shares of Lumber Liquidators Holdings and gave the stock a “hold” rating in a report on Wednesday, August 2nd. Nine analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $30.11.

Shares of Lumber Liquidators Holdings (NYSE LL) traded down 1.4250% during mid-day trading on Wednesday, hitting $30.3414. The stock had a trading volume of 1,276,260 shares. The stock’s market cap is $862.12 million. Lumber Liquidators Holdings has a 52 week low of $14.02 and a 52 week 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.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Captrust Financial Advisors bought a new stake in Lumber Liquidators Holdings in the second quarter valued at about $118,000. State of Alaska Department of Revenue increased its stake in Lumber Liquidators Holdings by 79.7% in the second quarter. State of Alaska Department of Revenue now owns 5,608 shares of the specialty retailer’s stock valued at $140,000 after acquiring an additional 2,488 shares during the period. Municipal Employees Retirement System of Michigan increased its stake in Lumber Liquidators Holdings by 6.7% in the second quarter. Municipal Employees Retirement System of Michigan now owns 6,670 shares of the specialty retailer’s stock valued at $167,000 after acquiring an additional 420 shares during the period. First Mercantile Trust Co. bought a new stake in Lumber Liquidators Holdings in the second quarter valued at about $183,000. Finally, Aperio Group LLC bought a new stake in Lumber Liquidators Holdings in the second quarter valued at about $204,000. 76.67% of the stock is currently 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.

Earnings History and Estimates for Lumber Liquidators Holdings (NYSE:LL)

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