Insider Selling: Lumber Liquidators Holdings Director Sells 2,100 Shares of Stock (LL)
Lumber Liquidators Holdings (NYSE:LL) Director Douglas T. Moore unloaded 2,100 shares of Lumber Liquidators Holdings stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $55.03, for a total transaction of $115,563.00. Following the sale, the director now directly owns 2,911 shares in the company, valued at approximately $160,192. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Wedbush reiterated a “neutral” rating on shares of Lumber Liquidators Holdings in a research note on Thursday, July 31st. They now have a $62.00 price target on the stock, down previously from $67.00. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Lumber Liquidators Holdings in a research note on Thursday, July 31st. They now have a $53.00 price target on the stock, down previously from $57.00. Finally, analysts at Raymond James upgraded shares of Lumber Liquidators Holdings from an “underperform” rating to a “market perform” rating in a research note on Thursday, July 31st. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $82.33.
Shares of Lumber Liquidators Holdings (NYSE:LL) traded up 0.86% during mid-day trading on Friday, hitting $55.19. The stock had a trading volume of 869,033 shares. Lumber Liquidators Holdings has a 1-year low of $52.76 and a 1-year high of $119.98. The stock has a 50-day moving average of $63.06 and a 200-day moving average of $84.19. The company has a market cap of $1.496 billion and a P/E ratio of 21.37.
Lumber Liquidators Holdings (NYSE:LL) last announced its earnings results on Wednesday, July 30th. The company reported $0.60 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.90 by $0.30. The company had revenue of $263.10 million for the quarter, compared to the consensus estimate of $303.21 million. During the same quarter last year, the company posted $0.73 earnings per share. Lumber Liquidators Holdings’s revenue was up 2.3% compared to the same quarter last year. On average, analysts predict that Lumber Liquidators Holdings will post $2.71 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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