Lumber Liquidators Holdings, Inc (NYSE:LL) has received a consensus rating of “Hold” from the thirteen ratings firms that are presently covering the company, Marketbeat Ratings reports. Eight investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $30.38.

A number of equities research analysts have recently weighed in on the company. Piper Jaffray Companies reaffirmed a “hold” rating and set a $32.00 price target on shares of Lumber Liquidators in a report on Friday, September 8th. Morgan Stanley lifted their price target on Lumber Liquidators from $32.00 to $35.00 and gave the company an “equal weight” rating in a report on Monday, October 2nd. Oppenheimer reaffirmed an “outperform” rating and set a $43.00 price target on shares of Lumber Liquidators in a report on Wednesday, October 4th. Wedbush reaffirmed an “outperform” rating and set a $35.00 price target (up previously from $27.00) on shares of Lumber Liquidators in a report on Tuesday, August 8th. Finally, TheStreet raised Lumber Liquidators from a “d+” rating to a “c” rating in a report on Tuesday, August 1st.

Several hedge funds and other institutional investors have recently bought and sold shares of LL. Captrust Financial Advisors acquired a new position in shares of Lumber Liquidators during the second quarter valued at approximately $118,000. State of Alaska Department of Revenue increased its stake in shares of Lumber Liquidators by 79.7% during the second quarter. State of Alaska Department of Revenue now owns 5,608 shares of the specialty retailer’s stock valued at $140,000 after acquiring an additional 2,488 shares during the period. SG Americas Securities LLC acquired a new position in shares of Lumber Liquidators during the third quarter valued at approximately $161,000. Municipal Employees Retirement System of Michigan increased its stake in shares of Lumber Liquidators by 6.7% during the second quarter. Municipal Employees Retirement System of Michigan now owns 6,670 shares of the specialty retailer’s stock valued at $167,000 after acquiring an additional 420 shares during the period. Finally, First Mercantile Trust Co. acquired a new position in shares of Lumber Liquidators during the second quarter valued at approximately $183,000. Institutional investors and hedge funds own 79.29% of the company’s stock.

Lumber Liquidators (LL) traded down $0.25 on Friday, hitting $27.66. The stock had a trading volume of 629,700 shares, compared to its average volume of 1,138,035. The company has a current ratio of 1.84, a quick ratio of 0.21 and a debt-to-equity ratio of 0.17. Lumber Liquidators has a 52 week low of $14.99 and a 52 week high of $41.33.

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Lumber Liquidators 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.

Analyst Recommendations for Lumber Liquidators (NYSE:LL)

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