Shares of Lumber Liquidators Holdings, Inc (NYSE:LL) reached a new 52-week high during trading on Tuesday . The stock 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 several recent analyst reports. Oppenheimer Holdings, Inc. set a $34.00 target price on shares of Lumber Liquidators Holdings and gave the stock a “buy” rating in a research note on Tuesday, August 1st. Dougherty & Co lowered their target price on shares of Lumber Liquidators Holdings from $5.50 to $4.00 and set a “buy” rating for the company in a research note on Wednesday, May 10th. Zacks Investment Research raised shares of Lumber Liquidators Holdings from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research note on Wednesday, July 5th. TheStreet raised shares of Lumber Liquidators Holdings from a “d+” rating to a “c” rating in a research note on Tuesday, August 1st. Finally, ValuEngine raised shares of Lumber Liquidators Holdings from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Eight research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $27.78.

The stock’s 50 day moving average is $33.50 and its 200 day moving average is $25.83. The company’s market capitalization is $1.12 billion.

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

A number of large investors have recently modified their holdings of the business. USA Financial Portformulas Corp bought a new position in Lumber Liquidators Holdings during the 2nd quarter valued at $342,000. Verition Fund Management LLC bought a new position in Lumber Liquidators Holdings during the 2nd quarter valued at $251,000. Private Advisory Group LLC bought a new position in Lumber Liquidators Holdings during the 2nd quarter valued at $307,000. The Manufacturers Life Insurance Company lifted its stake in Lumber Liquidators Holdings by 5.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 21,889 shares of the specialty retailer’s stock valued at $549,000 after acquiring an additional 1,195 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in Lumber Liquidators Holdings during the 2nd quarter valued at $260,000. Institutional investors and hedge funds own 78.91% of the company’s stock.

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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.

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