LL Flooring (NYSE:LL) Research Coverage Started at StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of LL Flooring (NYSE:LL) in a research note issued to investors on Wednesday. The brokerage set a “sell” rating on the specialty retailer’s stock.

LL Flooring Price Performance

LL Flooring stock opened at $1.51 on Wednesday. The business’s 50-day simple moving average is $1.85 and its 200 day simple moving average is $2.73. The stock has a market cap of $46.41 million, a price-to-earnings ratio of -0.42 and a beta of 1.89. LL Flooring has a 12-month low of $1.46 and a 12-month high of $5.52. The company has a quick ratio of 0.12, a current ratio of 1.54 and a debt-to-equity ratio of 0.42.

LL Flooring (NYSE:LL) last posted its quarterly earnings results on Friday, March 1st. The specialty retailer reported ($0.64) earnings per share (EPS) for the quarter. The firm had revenue of $211.78 million during the quarter. LL Flooring had a negative net margin of 11.44% and a negative return on equity of 44.10%.

Hedge Funds Weigh In On LL Flooring

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Gladius Capital Management LP bought a new position in LL Flooring during the third quarter worth about $29,000. Innovis Asset Management LLC bought a new position in LL Flooring during the third quarter worth about $87,000. Jump Financial LLC boosted its holdings in LL Flooring by 36.0% during the fourth quarter. Jump Financial LLC now owns 27,315 shares of the specialty retailer’s stock worth $107,000 after buying an additional 7,228 shares during the last quarter. Sierra Summit Advisors LLC bought a new position in LL Flooring during the fourth quarter worth about $266,000. Finally, Values First Advisors Inc. boosted its holdings in LL Flooring by 18.7% during the third quarter. Values First Advisors Inc. now owns 121,637 shares of the specialty retailer’s stock worth $386,000 after buying an additional 19,165 shares during the last quarter. Institutional investors own 54.33% of the company’s stock.

LL Flooring Company Profile

LL Flooring Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard and soft surface flooring, and hard and soft surface flooring enhancements and accessories. The company offers hard and soft surface flooring including, waterproof hybrid resilient, waterproof vinyl plank, solid and engineered hardwood, laminate, bamboo, tile, and cork products; and flooring enhancements and accessories, including moldings, underlayment, adhesives, and tools, as well as Duravana, a hybrid resilient flooring under the Bellawood, Coreluxe, ReNature by Coreluxe, and Duravana brand names.