Shares of Lumber Liquidators Holdings, Inc (NYSE:LL) have been given an average recommendation of “Hold” by the thirteen research firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $19.57.

LL has been the topic of several recent analyst reports. Credit Suisse Group dropped their target price on shares of Lumber Liquidators Holdings from $32.00 to $22.00 and set a “neutral” rating on the stock in a report on Tuesday, April 11th. Wedbush restated a “neutral” rating and issued a $18.00 target price on shares of Lumber Liquidators Holdings in a report on Tuesday, April 25th. Stifel Nicolaus restated a “hold” rating on shares of Lumber Liquidators Holdings in a report on Tuesday, May 2nd. Morgan Stanley boosted their target price on shares of Lumber Liquidators Holdings from $15.00 to $20.00 and gave the company an “equal weight” rating in a report on Wednesday, May 3rd. Finally, Jefferies Group LLC boosted their target price on shares of Lumber Liquidators Holdings from $17.00 to $19.00 and gave the company a “hold” rating in a report on Wednesday, May 3rd.

Lumber Liquidators Holdings (LL) traded up 1.0958% on Monday, hitting $24.8999. The stock had a trading volume of 184,360 shares. The company’s 50 day moving average is $25.78 and its 200-day moving average is $21.44. Lumber Liquidators Holdings has a 1-year low of $14.02 and a 1-year high of $30.65. The firm’s market capitalization is $706.76 million.

Lumber Liquidators Holdings (NYSE:LL) last issued its quarterly earnings data on Tuesday, May 2nd. The specialty retailer reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.19) by $0.02. The business had revenue of $248.40 million during the quarter, compared to the consensus estimate of $247.22 million. Lumber Liquidators Holdings had a negative return on equity of 18.93% and a negative net margin of 6.41%. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the prior year, the firm earned ($1.20) EPS. On average, analysts forecast that Lumber Liquidators Holdings will post ($1.06) EPS for the current year.

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Several institutional investors have recently made changes to their positions in the stock. Louisiana State Employees Retirement System raised its position in shares of Lumber Liquidators Holdings by 4.5% in the first quarter. Louisiana State Employees Retirement System now owns 11,500 shares of the specialty retailer’s stock valued at $241,000 after buying an additional 500 shares in the last quarter. State Street Corp raised its position in shares of Lumber Liquidators Holdings by 11.2% in the fourth quarter. State Street Corp now owns 560,896 shares of the specialty retailer’s stock valued at $8,825,000 after buying an additional 56,425 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of Lumber Liquidators Holdings by 5.9% in the fourth quarter. Thrivent Financial for Lutherans now owns 14,700 shares of the specialty retailer’s stock valued at $231,000 after buying an additional 820 shares in the last quarter. Columbia Pacific Advisors LLC bought a new position in shares of Lumber Liquidators Holdings during the first quarter valued at $630,000. Finally, Baker Avenue Asset Management LP raised its position in shares of Lumber Liquidators Holdings by 42.1% in the first quarter. Baker Avenue Asset Management LP now owns 28,410 shares of the specialty retailer’s stock valued at $596,000 after buying an additional 8,410 shares in the last quarter. Hedge funds and other institutional investors own 74.81% of the company’s stock.

About Lumber Liquidators Holdings

Lumber Liquidators Holdings, Inc is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. Its product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork, Vinyl Plank and Other, Moldings and Accessories, and Non-Merchandise Services.

Analyst Recommendations for Lumber Liquidators Holdings (NYSE:LL)

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