Lumber Liquidators Holdings, Inc. (NYSE:LL) Receives Average Recommendation of “Hold” from Analysts


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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.

Lumber Liquidators (NYSE:LL) last announced its quarterly earnings results on Monday, March 1st. The specialty retailer reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.10). The company had revenue of $304.20 million during the quarter, compared to analysts’ expectations of $296.51 million. Lumber Liquidators had a net margin of 4.38% and a return on equity of 29.29%. Lumber Liquidators’s revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm earned $0.56 earnings per share. On average, research analysts expect that Lumber Liquidators will post 1.74 earnings per share for the current year.

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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Analyst Recommendations for Lumber Liquidators (NYSE:LL)

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