LL Flooring (NYSE:LL) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of LL Flooring (NYSE:LL) in a research report report published on Tuesday. The brokerage issued a sell rating on the specialty retailer’s stock.

LL Flooring Price Performance

NYSE:LL opened at $1.52 on Tuesday. The firm has a market cap of $46.88 million, a PE ratio of -0.42 and a beta of 1.89. LL Flooring has a 12 month low of $1.50 and a 12 month high of $5.52. The company has a quick ratio of 0.12, a current ratio of 1.54 and a debt-to-equity ratio of 0.42. The company’s 50-day moving average price is $1.90 and its two-hundred day moving average price is $2.76.

LL Flooring (NYSE:LL) last released its quarterly earnings results on Friday, March 1st. The specialty retailer reported ($0.64) EPS for the quarter. LL Flooring had a negative net margin of 11.44% and a negative return on equity of 44.10%. The firm had revenue of $211.78 million during the quarter.

Hedge Funds Weigh In On LL Flooring

Large investors have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership increased its stake in LL Flooring by 4,306.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 599,658 shares of the specialty retailer’s stock valued at $3,370,000 after purchasing an additional 586,048 shares in the last quarter. AQR Capital Management LLC increased its stake in LL Flooring by 290.5% in the first quarter. AQR Capital Management LLC now owns 518,853 shares of the specialty retailer’s stock valued at $1,972,000 after purchasing an additional 386,001 shares in the last quarter. Millennium Management LLC increased its stake in LL Flooring by 143.2% in the fourth quarter. Millennium Management LLC now owns 652,990 shares of the specialty retailer’s stock valued at $3,670,000 after purchasing an additional 384,467 shares in the last quarter. Two Sigma Investments LP bought a new stake in LL Flooring in the first quarter valued at approximately $1,324,000. Finally, Hotchkis & Wiley Capital Management LLC increased its position in shares of LL Flooring by 35.9% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 1,287,350 shares of the specialty retailer’s stock worth $4,892,000 after acquiring an additional 339,830 shares in the last quarter. 54.33% of the stock is currently owned by institutional investors and hedge funds.

About LL Flooring

LL Flooring Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard and soft surface flooring, and hard and soft surface flooring enhancements and accessories. The company offers hard and soft surface flooring including, waterproof hybrid resilient, waterproof vinyl plank, solid and engineered hardwood, laminate, bamboo, tile, and cork products; and flooring enhancements and accessories, including moldings, underlayment, adhesives, and tools, as well as Duravana, a hybrid resilient flooring under the Bellawood, Coreluxe, ReNature by Coreluxe, and Duravana brand names.