Lumber Liquidators Holdings Sees Unusually Large Options Volume (LL)
Shares of Lumber Liquidators Holdings (NYSE:LL) saw some unusual options trading activity on Wednesday. Investors purchased 1,307 put options on the company, Stock Ratings News reports. This is an increase of approximately 287% compared to the typical volume of 338 put options.
Several analysts have recently commented on the stock. Analysts at Stephens upgraded shares of Lumber Liquidators Holdings from an “equal weight” rating to an “overweight” rating in a research note on Friday, May 2nd. Separately, analysts at ISI Group upgraded shares of Lumber Liquidators Holdings from a “neutral” rating to a “buy” rating in a research note on Thursday, May 1st. Finally, analysts at Canaccord Genuity cut their price target on shares of Lumber Liquidators Holdings from $134.00 to $122.00 in a research note on Wednesday, April 30th. They now have a “buy” rating on the stock. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Lumber Liquidators Holdings currently has a consensus rating of “Buy” and a consensus target price of $115.41.
Shares of Lumber Liquidators Holdings (NYSE:LL) traded up 0.03% on Wednesday, hitting $78.82. 735,719 shares of the company’s stock traded hands. Lumber Liquidators Holdings has a 1-year low of $71.63 and a 1-year high of $119.98. The stock has a 50-day moving average of $82.97 and a 200-day moving average of $94.23. The company has a market cap of $2.162 billion and a price-to-earnings ratio of 29.29.
Lumber Liquidators Holdings (NYSE:LL) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.49 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.62 by $0.13. The company had revenue of $246.30 million for the quarter, compared to the consensus estimate of $262.04 million. During the same quarter in the prior year, the company posted $0.57 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. On average, analysts predict that Lumber Liquidators Holdings will post $3.38 earnings per share for the current fiscal year.
Lumber Liquidators Holdings, Inc (NYSE:LL) is retailer of hardwood flooring, and hardwood flooring enhancements and accessories.
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