Lumber Liquidators Holdings Inc. (LL) Trading Down 2.7%
Shares of Lumber Liquidators Holdings Inc. (NYSE:LL) fell 2.7% during 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.
A number of research firms recently commented on LL. 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. SunTrust Banks Inc. reiterated a “neutral” rating and set a $10.00 price objective on shares of Lumber Liquidators Holdings in a research report on Sunday, July 31st. Zacks Investment Research cut Lumber Liquidators Holdings from a “hold” rating to a “sell” rating in a research report on Friday, July 29th. Wedbush upped their price objective on Lumber Liquidators Holdings from $13.00 to $15.00 and gave the company a “neutral” rating in a research report on Thursday, July 28th. Finally, Vetr upgraded Lumber Liquidators Holdings from a “strong sell” rating to a “sell” rating and set a $11.67 price objective for the company in a research report on Wednesday, May 11th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $26.03.
The stock has a 50 day moving average of $16.28 and a 200-day moving average of $13.99. The firm’s market capitalization is $443.77 million.
Lumber Liquidators Holdings (NYSE:LL) last posted its quarterly earnings data on Wednesday, July 27th. The company reported ($0.45) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.25) by $0.20. The firm earned $238.10 million during the quarter, compared to analysts’ expectations of $240.56 million. Lumber Liquidators Holdings’s quarterly revenue was down 4.0% on a year-over-year basis. During the same period last year, the firm earned ($0.75) earnings per share. On average, equities analysts forecast that Lumber Liquidators Holdings Inc. will post ($1.92) EPS for the current fiscal 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.