Lumber Liquidators Holdings, Inc. (NYSE:LL) has earned a consensus rating of “Hold” from the eight research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation and six have issued a hold recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $21.25.
Several brokerages have weighed in on LL. Zacks Investment Research downgraded Lumber Liquidators from a “strong-buy” rating to a “hold” rating in a report on Friday, March 5th. Loop Capital downgraded Lumber Liquidators from a “buy” rating to a “hold” rating in a report on Tuesday, January 12th. Morgan Stanley upped their price objective on Lumber Liquidators from $14.00 to $20.00 and gave the stock an “underweight” rating in a report on Wednesday, January 20th. TheStreet upgraded Lumber Liquidators from a “d+” rating to a “c” rating in a report on Wednesday, March 17th. Finally, Oppenheimer restated a “hold” rating on shares of Lumber Liquidators in a report on Wednesday, March 3rd.
Shares of NYSE LL traded down $0.72 during midday trading on Thursday, reaching $24.34. 16,051 shares of the stock were exchanged, compared to its average volume of 490,605. The company has a 50 day simple moving average of $25.60 and a 200 day simple moving average of $27.75. The stock has a market capitalization of $705.52 million, a P/E ratio of 15.57, a PEG ratio of 1.00 and a beta of 2.65. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.81 and a current ratio of 1.61. Lumber Liquidators has a twelve month low of $6.42 and a twelve month high of $35.10.
Several hedge funds have recently modified their holdings of LL. Strs Ohio bought a new position in shares of Lumber Liquidators during the third quarter worth about $282,000. Crossmark Global Holdings Inc. raised its stake in Lumber Liquidators by 13.2% during the fourth quarter. Crossmark Global Holdings Inc. now owns 17,310 shares of the specialty retailer’s stock worth $532,000 after acquiring an additional 2,020 shares during the period. Pacer Advisors Inc. raised its stake in Lumber Liquidators by 93.8% during the fourth quarter. Pacer Advisors Inc. now owns 16,451 shares of the specialty retailer’s stock worth $506,000 after acquiring an additional 7,964 shares during the period. GWM Advisors LLC raised its stake in Lumber Liquidators by 17.1% during the fourth quarter. GWM Advisors LLC now owns 18,764 shares of the specialty retailer’s stock worth $577,000 after acquiring an additional 2,736 shares during the period. Finally, Robeco Institutional Asset Management B.V. acquired a new stake in Lumber Liquidators during the fourth quarter worth about $1,453,000. 78.03% of the stock is currently owned by institutional investors and hedge funds.
Lumber Liquidators Company Profile
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, laminate, resilient vinyl, water-resistant vinyl plank, and porcelain tile flooring products; renewable flooring, and bamboo and cork products; and a selection of flooring enhancements and accessories, including moldings, noise-reducing underlayments, adhesives, and flooring tools under the Bellawood and Coreluxe brand.
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