Lumber Liquidators Holdings, Inc (LL) Given Average Recommendation of “Hold” by Brokerages

Shares of Lumber Liquidators Holdings, Inc (NYSE:LL) have been given a consensus rating of “Hold” by the thirteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $30.38.

Several equities research analysts have recently commented on LL shares. Morgan Stanley boosted their price target on Lumber Liquidators Holdings from $32.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Monday, October 2nd. Piper Jaffray Companies set a $32.00 price target on Lumber Liquidators Holdings and gave the stock a “hold” rating in a research note on Wednesday, October 25th. TheStreet lowered Lumber Liquidators Holdings from a “c” rating to a “d+” rating in a research note on Thursday. Oppenheimer Holdings, Inc. set a $34.00 price target on Lumber Liquidators Holdings and gave the stock a “buy” rating in a research note on Tuesday, August 1st. Finally, Stifel Nicolaus boosted their price target on Lumber Liquidators Holdings from $20.00 to $33.00 and gave the stock a “hold” rating in a research note on Wednesday, August 2nd.

Shares of Lumber Liquidators Holdings (LL) traded up $0.03 during trading hours on Wednesday, hitting $30.74. The stock had a trading volume of 568,851 shares, compared to its average volume of 1,322,269. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.21 and a current ratio of 1.84. Lumber Liquidators Holdings has a fifty-two week low of $14.02 and a fifty-two week high of $41.33.

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Institutional investors have recently modified their holdings of the business. Captrust Financial Advisors purchased a new position in shares of Lumber Liquidators Holdings during the 2nd quarter worth $118,000. Crossmark Global Holdings Inc. purchased a new position in shares of Lumber Liquidators Holdings during the 3rd quarter worth $218,000. State of Alaska Department of Revenue lifted its stake in shares of Lumber Liquidators Holdings by 79.7% during the 2nd quarter. State of Alaska Department of Revenue now owns 5,608 shares of the specialty retailer’s stock worth $140,000 after purchasing an additional 2,488 shares during the period. Municipal Employees Retirement System of Michigan lifted its stake in shares of Lumber Liquidators Holdings by 6.7% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,670 shares of the specialty retailer’s stock worth $167,000 after purchasing an additional 420 shares during the period. Finally, First Mercantile Trust Co. purchased a new position in shares of Lumber Liquidators Holdings during the 2nd quarter worth $183,000. 76.63% of the stock is currently owned by institutional investors.

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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