Lumber Liquidators Holdings (LL) Releases Quarterly Earnings, Beats Estimates By $0.06 EPS
Lumber Liquidators Holdings (NYSE:LL) released its earnings data on Wednesday. The company reported $0.73 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.67 by $0.06, Analyst Ratings Network.com reports. The company had revenue of $254.30 million for the quarter, compared to the consensus estimate of $241.81 million.
Lumber Liquidators Holdings (NYSE:LL) opened at 108.82 on Wednesday. Lumber Liquidators Holdings has a 52-week low of $46.26 and a 52-week high of $110.45. The stock’s 50-day moving average is $98.55 and its 200-day moving average is $82.6. The company has a market cap of $2.993 billion and a P/E ratio of 48.09.
Several analysts have recently commented on the stock. Analysts at Ned Davis Research downgraded shares of Lumber Liquidators Holdings from a “buy” rating to a “neutral” rating in a research note to investors on Monday. On the ratings front, analysts at Zacks downgraded shares of Lumber Liquidators Holdings from an “outperform” rating to a “neutral” rating in a research note to investors on Monday. They now have a $115.50 price target on the stock. Finally, analysts at Jefferies Group reiterated a “sell” rating on shares of Lumber Liquidators Holdings in a research note to investors on Monday, September 30th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $105.70.
Lumber Liquidators Holdings, Inc (NYSE:LL) is retailer of hardwood flooring, and hardwood flooring enhancements and accessories.
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