Lumber Liquidators (LL) Sets New 1-Year Low at $16.86
Shares of Lumber Liquidators Holdings Inc (NYSE:LL) reached a new 52-week low on Friday . The stock traded as low as $16.86 and last traded at $16.81, with a volume of 49331 shares trading hands. The stock had previously closed at $17.52.
A number of equities analysts have commented on LL shares. Piper Jaffray Companies reiterated a “hold” rating and issued a $21.00 target price on shares of Lumber Liquidators in a report on Wednesday, August 1st. Stifel Nicolaus reduced their target price on shares of Lumber Liquidators from $22.00 to $20.00 and set a “hold” rating for the company in a report on Wednesday, August 1st. ValuEngine upgraded shares of Lumber Liquidators from a “strong sell” rating to a “sell” rating in a report on Thursday, June 7th. Longbow Research started coverage on shares of Lumber Liquidators in a report on Friday, August 24th. They issued a “neutral” rating for the company. Finally, Loop Capital set a $25.00 target price on shares of Lumber Liquidators and gave the stock a “buy” rating in a report on Tuesday, July 31st. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $24.00.
The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.16 and a current ratio of 1.73. The firm has a market cap of $505.73 million, a PE ratio of -12.64, a PEG ratio of 1.05 and a beta of 1.39.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Principal Financial Group Inc. boosted its position in Lumber Liquidators by 2.4% in the first quarter. Principal Financial Group Inc. now owns 218,371 shares of the specialty retailer’s stock valued at $5,223,000 after buying an additional 5,217 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its position in Lumber Liquidators by 126.5% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,833 shares of the specialty retailer’s stock worth $211,000 after purchasing an additional 4,933 shares in the last quarter. Canada Pension Plan Investment Board boosted its position in Lumber Liquidators by 33.9% in the 2nd quarter. Canada Pension Plan Investment Board now owns 502,900 shares of the specialty retailer’s stock worth $12,246,000 after purchasing an additional 127,300 shares in the last quarter. IFP Advisors Inc purchased a new stake in Lumber Liquidators in the 2nd quarter worth approximately $647,000. Finally, Guggenheim Capital LLC purchased a new stake in Lumber Liquidators in the 1st quarter worth approximately $265,000. Hedge funds and other institutional investors own 79.54% of the company’s stock.
Lumber Liquidators Company Profile (NYSE:LL)
Lumber Liquidators Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The company offers hardwood species, engineered hardwood, laminates, resilient vinyl flooring, and wood-look ceramic; renewable flooring, and bamboo and cork products; and a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools under the Bellawood and Morning Star Bamboo brands.
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