Lumber Liquidators Holdings Inc. (LL) Shares Up 2.3%
Lumber Liquidators Holdings Inc. (NYSE:LL) shot up 2.3% on Monday . The company traded as high as $15.41 and last traded at $15.37, with a volume of 1,114,021 shares trading hands. The stock had previously closed at $15.03.
A number of research firms recently commented on LL. Zacks Investment Research lowered shares of Lumber Liquidators Holdings from a “hold” rating to a “sell” rating in a research note on Friday, July 29th. Vetr upgraded shares of Lumber Liquidators Holdings from a “strong sell” rating to a “sell” rating and set a $11.67 price objective on the stock in a research note on Wednesday, May 11th. Wedbush raised their price objective on shares of Lumber Liquidators Holdings from $13.00 to $15.00 and gave the company a “neutral” rating in a research note on Thursday, July 28th. SunTrust Banks Inc. reiterated a “neutral” rating and set a $10.00 price objective on shares of Lumber Liquidators Holdings in a research note on Sunday. Finally, Jefferies Group reiterated a “hold” rating and set a $13.60 price objective (up previously from $11.00) on shares of Lumber Liquidators Holdings in a research note on Thursday, July 28th. Four analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. Lumber Liquidators Holdings presently has a consensus rating of “Hold” and an average target price of $23.57.
The stock’s 50 day moving average price is $15.85 and its 200 day moving average price is $13.70. The company’s market capitalization is $406.59 million.
Lumber Liquidators Holdings (NYSE:LL) last announced its earnings results on Wednesday, July 27th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.25) by $0.20. The firm had revenue of $238.10 million for the quarter, compared to the consensus estimate of $240.56 million. The company’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.75) EPS. On average, equities research analysts expect that Lumber Liquidators Holdings Inc. will post ($1.92) earnings per share for the current fiscal year.
A hedge fund recently raised its stake in Lumber Liquidators Holdings stock. Century Capital Management LLC raised its stake in shares of Lumber Liquidators Holdings Inc. (NYSE:LL) by 45.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 368,407 shares of the company’s stock after buying an additional 114,550 shares during the period. Century Capital Management LLC owned approximately 1.36% of Lumber Liquidators Holdings worth $6,396,000 as of its most recent SEC filing.
Lumber Liquidators Holdings, Inc (Lumber Liquidators) is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers an assortment of exotic and domestic hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.