Lumber Liquidators Holdings, Inc (NYSE:LL) shares hit a new 52-week high on Tuesday . The company traded as high as $39.41 and last traded at $39.37, with a volume of 1,424,829 shares traded. The stock had previously closed at $37.66.

LL has been the subject of a number of recent research reports. Wedbush reissued an “outperform” rating and set a $35.00 price objective (up from $27.00) on shares of Lumber Liquidators Holdings in a research note on Tuesday, August 8th. Oppenheimer Holdings, Inc. set a $43.00 price objective on shares of Lumber Liquidators Holdings and gave the stock a “buy” rating in a research note on Friday, August 18th. BidaskClub cut shares of Lumber Liquidators Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Zacks Investment Research raised shares of Lumber Liquidators Holdings from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research note on Wednesday, July 5th. Finally, Piper Jaffray Companies set a $32.00 price objective on shares of Lumber Liquidators Holdings and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $27.78.

The company has a 50 day moving average of $32.49 and a 200-day moving average of $25.35. The stock’s market capitalization is $1.11 billion.

Lumber Liquidators Holdings (NYSE:LL) last issued its quarterly earnings results on Tuesday, August 1st. The specialty retailer reported $0.16 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.24. The business had revenue of $263.50 million during the quarter, compared to the consensus estimate of $256.89 million. Lumber Liquidators Holdings had a negative net margin of 4.58% and a negative return on equity of 11.75%. The firm’s quarterly revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.45) EPS. Equities analysts anticipate that Lumber Liquidators Holdings, Inc will post ($0.69) earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the stock. Louisiana State Employees Retirement System lifted its position in shares of Lumber Liquidators Holdings by 4.5% in the 1st quarter. Louisiana State Employees Retirement System now owns 11,500 shares of the specialty retailer’s stock valued at $241,000 after acquiring an additional 500 shares in the last quarter. Columbia Pacific Advisors LLC purchased a new stake in shares of Lumber Liquidators Holdings in the 1st quarter valued at approximately $630,000. Baker Avenue Asset Management LP lifted its position in shares of Lumber Liquidators Holdings by 42.1% in the 1st quarter. Baker Avenue Asset Management LP now owns 28,410 shares of the specialty retailer’s stock valued at $596,000 after acquiring an additional 8,410 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Lumber Liquidators Holdings by 7.8% in the 1st quarter. Ameriprise Financial Inc. now owns 149,702 shares of the specialty retailer’s stock valued at $3,142,000 after acquiring an additional 10,867 shares in the last quarter. Finally, Royce & Associates LP lifted its position in shares of Lumber Liquidators Holdings by 14.6% in the 1st quarter. Royce & Associates LP now owns 566,797 shares of the specialty retailer’s stock valued at $11,897,000 after acquiring an additional 72,000 shares in the last quarter. Institutional investors and hedge funds own 78.91% of the company’s stock.

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Lumber Liquidators Holdings Company Profile

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.