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 sixteen research firms that are presently covering the stock, MarketBeat Ratings reports. Ten research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $25.10.

LL has been the topic of a number of research reports. Wedbush downgraded shares of Lumber Liquidators from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $39.00 to $28.00 in a report on Monday, February 12th. Zacks Investment Research upgraded shares of Lumber Liquidators from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a report on Wednesday, January 3rd. Loop Capital initiated coverage on shares of Lumber Liquidators in a report on Thursday, March 1st. They issued a “hold” rating and a $22.00 target price on the stock. Stifel Nicolaus restated a “hold” rating and issued a $25.00 target price (down from $33.00) on shares of Lumber Liquidators in a report on Wednesday, February 28th. Finally, Morgan Stanley reduced their target price on shares of Lumber Liquidators from $35.00 to $24.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 28th.

How to Become a New Pot Stock Millionaire

Several institutional investors have recently bought and sold shares of the company. Disciplined Growth Investors Inc. MN boosted its stake in shares of Lumber Liquidators by 3.6% during the 4th quarter. Disciplined Growth Investors Inc. MN now owns 257,588 shares of the specialty retailer’s stock worth $8,086,000 after purchasing an additional 9,022 shares during the period. MetLife Investment Advisors LLC purchased a new position in shares of Lumber Liquidators during the 4th quarter worth about $435,000. Gotham Asset Management LLC boosted its stake in shares of Lumber Liquidators by 75.9% during the 4th quarter. Gotham Asset Management LLC now owns 33,046 shares of the specialty retailer’s stock worth $1,037,000 after purchasing an additional 14,261 shares during the period. Macquarie Group Ltd. boosted its stake in shares of Lumber Liquidators by 31.4% during the 4th quarter. Macquarie Group Ltd. now owns 42,454 shares of the specialty retailer’s stock worth $1,333,000 after purchasing an additional 10,154 shares during the period. Finally, Millennium Management LLC purchased a new position in shares of Lumber Liquidators during the 4th quarter worth about $3,523,000. Hedge funds and other institutional investors own 78.50% of the company’s stock.

NYSE LL traded down $0.72 on Friday, reaching $22.96. The company had a trading volume of 514,793 shares, compared to its average volume of 719,196. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.20 and a current ratio of 1.67. The company has a market cap of $674.65, a P/E ratio of -17.26, a P/E/G ratio of 1.27 and a beta of 1.74. Lumber Liquidators has a 12 month low of $19.46 and a 12 month high of $41.33.

Lumber Liquidators (NYSE:LL) last announced its quarterly earnings results on Tuesday, February 27th. The specialty retailer reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. The company had revenue of $259.86 million for the quarter, compared to the consensus estimate of $264.56 million. Lumber Liquidators had a negative net margin of 3.68% and a positive return on equity of 1.71%. Lumber Liquidators’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.20) EPS. analysts forecast that Lumber Liquidators will post 0.79 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: This news story was first posted by Ticker Report and is the property of of Ticker Report. If you are viewing this news story on another site, it was copied illegally and reposted in violation of international copyright & trademark law. The correct version of this news story can be read at https://www.tickerreport.com/banking-finance/3339383/lumber-liquidators-holdings-inc-ll-given-average-recommendation-of-hold-by-brokerages.html.

Lumber Liquidators Company Profile

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.

Analyst Recommendations for Lumber Liquidators (NYSE:LL)

Receive News & Ratings for Lumber Liquidators Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lumber Liquidators and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Barclays Reaffirms Hold Rating for Webster Bank
Barclays Reaffirms Hold Rating for Webster Bank
Gazit Globe  and Getty Realty  Head to Head Survey
Gazit Globe and Getty Realty Head to Head Survey
RTI Surgical  & Coloplast  Critical Contrast
RTI Surgical & Coloplast Critical Contrast
Under Armour  versus Next  Head to Head Review
Under Armour versus Next Head to Head Review
Scientific Games Co.  Expected to Announce Earnings of -$0.24 Per Share
Scientific Games Co. Expected to Announce Earnings of -$0.24 Per Share
-$0.09 Earnings Per Share Expected for Pluristem Therapeutics Inc.  This Quarter
-$0.09 Earnings Per Share Expected for Pluristem Therapeutics Inc. This Quarter


© 2006-2018 Ticker Report. Google+.