Lumber Liquidators Holdings Inc. (LL) Trading Up 5.7%
Lumber Liquidators Holdings Inc. (NYSE:LL) shares were up 5.7% on Wednesday . The stock traded as high as $17.84 and last traded at $17.21, with a volume of 2,570,142 shares changing hands. The stock had previously closed at $16.28.
LL has been the subject of a number of research reports. Goldman Sachs Group Inc. raised shares of Lumber Liquidators Holdings from a “neutral” rating to a “buy” rating in a report on Thursday, May 5th. Jefferies Group reaffirmed a “hold” rating and set a $13.60 target price (up from $11.00) on shares of Lumber Liquidators Holdings in a report on Thursday, July 28th. Zacks Investment Research raised shares of Lumber Liquidators Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, May 4th. Raymond James Financial Inc. reaffirmed a “market perform” rating on shares of Lumber Liquidators Holdings in a report on Monday, June 20th. Finally, Wedbush reaffirmed a “neutral” rating and set a $13.00 target price on shares of Lumber Liquidators Holdings in a report on Friday, June 17th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $26.03.
The company’s market capitalization is $456.26 million. The firm has a 50-day moving average price of $16.28 and a 200 day moving average price of $13.99.
Lumber Liquidators Holdings (NYSE:LL) last announced its quarterly earnings results on Wednesday, July 27th. The company reported ($0.45) earnings per share for the quarter, missing the consensus estimate of ($0.25) by $0.20. During the same quarter last year, the firm posted ($0.75) earnings per share. The firm had revenue of $238.10 million for the quarter, compared to analysts’ expectations of $240.56 million. The company’s revenue was down 4.0% on a year-over-year basis. Equities research analysts expect that Lumber Liquidators Holdings Inc. will post ($1.92) EPS 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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