Lumber Liquidators Holdings Inc. (NYSE:LL) shot up 3% during mid-day trading on Thursday . The company traded as high as $16.56 and last traded at $16.29, with a volume of 604,648 shares. The stock had previously closed at $15.81.

Several research firms have weighed in on LL. Vetr upgraded Lumber Liquidators Holdings from a “strong sell” rating to a “sell” rating and set a $11.67 target price for the company in a research note on Wednesday, May 11th. Wedbush restated a “neutral” rating and set a $13.00 target price on shares of Lumber Liquidators Holdings in a research note on Friday, June 17th. Zacks Investment Research upgraded Lumber Liquidators Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, May 4th. Topeka Capital Markets initiated coverage on Lumber Liquidators Holdings in a research note on Monday, May 23rd. They issued a “sell” rating and a $9.00 price target for the company. Finally, Jefferies Group reiterated a “hold” rating and issued a $11.00 price target on shares of Lumber Liquidators Holdings in a research note on Wednesday, March 23rd. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $24.47.

The firm’s market capitalization is $443.37 million. The firm has a 50 day moving average price of $13.94 and a 200 day moving average price of $13.54.

Lumber Liquidators Holdings (NYSE:LL) last released its quarterly earnings results on Tuesday, May 10th. The company reported ($1.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by $0.96. The firm had revenue of $233.50 million for the quarter, compared to analysts’ expectations of $237.44 million. During the same period in the prior year, the business earned ($0.29) EPS. Lumber Liquidators Holdings’s quarterly revenue was down 10.2% on a year-over-year basis. Analysts predict that Lumber Liquidators Holdings Inc. will post ($1.71) earnings per share for the current year.

A number of hedge funds and institutional investors recently made changes to their positions in the company. Morgan Stanley raised its position in shares of Lumber Liquidators Holdings by 117.5% in the fourth quarter. Morgan Stanley now owns 287,695 shares of the company’s stock valued at $4,994,000 after buying an additional 155,416 shares during the period. Quantitative Investment Management LLC raised its position in shares of Lumber Liquidators Holdings by 124.3% in the fourth quarter. Quantitative Investment Management LLC now owns 130,300 shares of the company’s stock valued at $2,262,000 after buying an additional 72,200 shares during the period. Russell Frank Co raised its position in shares of Lumber Liquidators Holdings by 44.3% in the fourth quarter. Russell Frank Co now owns 477,895 shares of the company’s stock valued at $8,263,000 after buying an additional 146,604 shares during the period. Finally, Century Capital Management LLC raised its position in shares of Lumber Liquidators Holdings by 45.1% in the fourth quarter. Century Capital Management LLC now owns 368,407 shares of the company’s stock valued at $6,396,000 after buying an additional 114,550 shares during the period.

Lumber Liquidators Holdings, Inc (Lumber Liquidators) is a retailer of hardwood flooring, and hardwood flooring enhancements and accessories in North America. The Company’s product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork and Vinyl Plank, and Moldings and Accessories. The Company sells its products primarily to homeowners or to contractors on behalf of homeowners.

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