Lumber Liquidators Holdings Inc (NYSE:LL) CEO Dennis R. Knowles purchased 14,000 shares of the stock in a transaction on Thursday, August 8th. The shares were acquired at an average cost of $8.04 per share, with a total value of $112,560.00. Following the transaction, the chief executive officer now directly owns 102,241 shares in the company, valued at $822,017.64. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.
LL opened at $8.13 on Thursday. The firm’s 50 day simple moving average is $10.21. The company has a market cap of $231.04 million, a price-to-earnings ratio of 23.68, a price-to-earnings-growth ratio of 0.66 and a beta of 2.00. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.47 and a quick ratio of 0.22. Lumber Liquidators Holdings Inc has a one year low of $6.59 and a one year high of $18.36.
Lumber Liquidators (NYSE:LL) last posted its earnings results on Wednesday, August 7th. The specialty retailer reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). Lumber Liquidators had a positive return on equity of 6.17% and a negative net margin of 5.37%. The firm had revenue of $288.57 million for the quarter, compared to analysts’ expectations of $291.81 million. During the same quarter last year, the company posted $0.09 EPS. The firm’s revenue was up 1.8% on a year-over-year basis. On average, analysts anticipate that Lumber Liquidators Holdings Inc will post 0.45 earnings per share for the current fiscal year.
Several hedge funds have recently bought and sold shares of the business. Point72 Hong Kong Ltd purchased a new stake in shares of Lumber Liquidators in the 2nd quarter worth approximately $29,000. BNP Paribas Arbitrage SA grew its stake in shares of Lumber Liquidators by 467.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 6,594 shares of the specialty retailer’s stock worth $67,000 after buying an additional 5,431 shares during the last quarter. Municipal Employees Retirement System of Michigan purchased a new stake in shares of Lumber Liquidators in the 4th quarter worth approximately $77,000. Advisory Services Network LLC purchased a new stake in shares of Lumber Liquidators in the 2nd quarter worth approximately $82,000. Finally, Metropolitan Life Insurance Co. NY grew its stake in shares of Lumber Liquidators by 385.3% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 9,420 shares of the specialty retailer’s stock worth $90,000 after buying an additional 7,479 shares during the last quarter. Hedge funds and other institutional investors own 79.76% of the company’s stock.
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, laminates, resilient vinyl flooring, waterproof vinyl plank, and porcelain tile; renewable flooring, and bamboo and cork products; and a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools under the Bellawood brand.
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