Shares of Lumber Liquidators Holdings Inc. (NYSE:LL) dropped 2.7% during mid-day trading on Friday . The company traded as low as $16.32 and last traded at $16.35, with a volume of 289,103 shares changing hands. The stock had previously closed at $16.81.

LL has been the subject of a number of research analyst reports. Zacks Investment Research cut Lumber Liquidators Holdings from a “hold” rating to a “strong sell” rating in a research report on Thursday, May 12th. Goldman Sachs Group Inc. raised Lumber Liquidators Holdings from a “neutral” rating to a “buy” rating in a research report on Thursday, May 5th. Raymond James Financial Inc. reissued a “market perform” rating on shares of Lumber Liquidators Holdings in a research report on Monday, June 20th. Topeka Capital Markets began coverage on Lumber Liquidators Holdings in a research report on Monday, May 23rd. They set a “sell” rating and a $9.00 price objective for the company. Finally, Jefferies Group reaffirmed a “hold” rating and set a $13.60 price objective (up from $11.00) on shares of Lumber Liquidators Holdings in a research report on Thursday, July 28th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $27.03.

The firm’s market capitalization is $443.77 million. The stock has a 50-day moving average price of $16.31 and a 200 day moving average price of $14.01.

Lumber Liquidators Holdings (NYSE:LL) last announced its quarterly earnings data on Wednesday, July 27th. The company reported ($0.45) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.25) by $0.20. The company earned $238.10 million during the quarter, compared to analysts’ expectations of $240.56 million. The firm’s revenue was down 4.0% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.75) earnings per share. On average, analysts anticipate that Lumber Liquidators Holdings Inc. will post ($1.92) earnings per share for the current year.

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.

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