Lumber Liquidators Holdings Inc (NYSE:LL) has earned a consensus rating of “Hold” from the fourteen research firms that are presently covering the firm, Marketbeat.com reports. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $30.89.
A number of analysts have recently commented on LL shares. TheStreet downgraded Lumber Liquidators from a “c” rating to a “d+” rating in a research note on Thursday, November 2nd. Piper Jaffray Companies set a $32.00 target price on Lumber Liquidators and gave the stock a “hold” rating in a report on Wednesday, October 25th. Morgan Stanley lifted their target price on Lumber Liquidators from $32.00 to $35.00 and gave the stock an “equal weight” rating in a report on Monday, October 2nd. Oppenheimer restated a “buy” rating on shares of Lumber Liquidators in a report on Wednesday, October 25th. Finally, Zacks Investment Research cut Lumber Liquidators from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th.
Several hedge funds and other institutional investors have recently modified their holdings of LL. Captrust Financial Advisors acquired a new position in shares of Lumber Liquidators in the 2nd quarter worth $118,000. SG Americas Securities LLC purchased a new position in shares of Lumber Liquidators during the third quarter valued at $161,000. Crossmark Global Holdings Inc. purchased a new position in shares of Lumber Liquidators during the third quarter valued at $218,000. BNP Paribas Arbitrage SA grew its holdings in shares of Lumber Liquidators by 13.4% during the second quarter. BNP Paribas Arbitrage SA now owns 8,732 shares of the specialty retailer’s stock valued at $219,000 after buying an additional 1,035 shares in the last quarter. Finally, Piedmont Investment Advisors LLC purchased a new position in shares of Lumber Liquidators during the third quarter valued at $241,000. Institutional investors and hedge funds own 78.86% of the company’s stock.
Lumber Liquidators (NYSE:LL) last posted its quarterly earnings data on Tuesday, October 31st. The specialty retailer reported $0.07 EPS for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.04. Lumber Liquidators had a negative return on equity of 2.39% and a negative net margin of 4.57%. research analysts expect that Lumber Liquidators will post -1.33 earnings per share for the current fiscal year.
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About Lumber Liquidators
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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