Lumber Liquidators Holdings Price Target Lowered to $77.00 at Goldman Sachs (LL)
Stock analysts at Goldman Sachs cut their price objective on shares of Lumber Liquidators Holdings (NYSE:LL) to $77.00 in a report issued on Thursday. Goldman Sachs’ price target indicates a potential upside of 9.34% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Lumber Liquidators Holdings in a research note on Thursday. They now have a $100.00 price target on the stock, down previously from $122.00. Separately, analysts at Credit Suisse downgraded shares of Lumber Liquidators Holdings from an “outperform” rating to a “neutral” rating in a research note on Thursday. They now have a $65.00 price target on the stock, down previously from $100.00. Finally, analysts at Jefferies Group downgraded shares of Lumber Liquidators Holdings from a “buy” rating to a “hold” rating in a research note on Thursday. They now have a $57.00 price target on the stock, down previously from $115.00. One analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company’s stock. Lumber Liquidators Holdings has a consensus rating of “Hold” and an average target price of $92.28.
Shares of Lumber Liquidators Holdings (NYSE:LL) opened at 56.635 on Thursday. Lumber Liquidators Holdings has a 52 week low of $69.65 and a 52 week high of $119.98. The stock has a 50-day moving average of $77.76 and a 200-day moving average of $91.0. The company has a market cap of $1.553 billion and a P/E ratio of 26.18.
Lumber Liquidators Holdings (NYSE:LL) last announced its earnings results 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. Analysts expect that Lumber Liquidators Holdings will post $3.34 EPS 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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