Lumber Liquidators Holdings Target of Unusually Large Options Trading (LL)
Shares of Lumber Liquidators Holdings (NYSE:LL) was the recipient of some unusual options trading on Friday. Investors acquired 3,476 put options on the stock, AR Network reports. This is an increase of 133% compared to the typical volume of 1,491 put options.
A number of research firms have recently commented on LL. Analysts at Zacks upgraded shares of Lumber Liquidators Holdings from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, December 23rd. They now have a $103.30 price target on the stock. Separately, analysts at Goldman Sachs Group Inc. upgraded shares of Lumber Liquidators Holdings from a “neutral” rating to a “buy” rating in a research note to investors on Monday, December 16th. Finally, analysts at Wedbush initiated coverage on shares of Lumber Liquidators Holdings in a research note to investors on Thursday, December 5th. They set an “outperform” rating and a $125.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $121.19.
Lumber Liquidators Holdings (NYSE:LL) traded up 0.17% on Friday, hitting $103.07. 562,076 shares of the company’s stock traded hands. Lumber Liquidators Holdings has a 52 week low of $52.56 and a 52 week high of $119.98. The stock’s 50-day moving average is $102.0 and its 200-day moving average is $100.1. The company has a market cap of $2.844 billion and a P/E ratio of 40.66.
Lumber Liquidators Holdings (NYSE:LL) last released its earnings data on Wednesday, October 23rd. The company reported $0.73 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.67 by $0.06. The company had revenue of $254.30 million for the quarter, compared to the consensus estimate of $241.81 million. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s revenue for the quarter was up 24.5% on a year-over-year basis.
Lumber Liquidators Holdings, Inc (NYSE:LL) is retailer of hardwood flooring, and hardwood flooring enhancements and accessories.
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