Lumber Liquidators Holdings Director Douglas T. Moore Unloads 2,200 Shares (LL)
Lumber Liquidators Holdings (NYSE:LL) Director Douglas T. Moore unloaded 2,200 shares of the company’s stock on the open market in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $58.39, for a total transaction of $128,458.00. Following the sale, the director now directly owns 2,911 shares of the company’s stock, valued at approximately $169,973. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on LL shares. Analysts at Canaccord Genuity cut their price target on shares of Lumber Liquidators Holdings from $84.00 to $77.00 in a research note on Monday, August 18th. They now have a “buy” rating on the stock. They noted that the move was a valuation call. Separately, 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. Finally, 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. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $80.03.
Shares of Lumber Liquidators Holdings (NYSE:LL) traded down 1.69% during mid-day trading on Thursday, hitting $57.47. The stock had a trading volume of 703,429 shares. Lumber Liquidators Holdings has a 1-year low of $52.76 and a 1-year high of $119.98. The stock’s 50-day moving average is $56.12 and its 200-day moving average is $80.48. The company has a market cap of $1.558 billion and a price-to-earnings ratio of 22.83. Lumber Liquidators Holdings also saw some unusual options trading activity on Tuesday. Investors bought 7,713 put options on the company. This is an increase of approximately 595% compared to the average daily volume of 1,109 put options.
Lumber Liquidators Holdings (NYSE:LL) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.60 EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted $0.73 earnings per share. The company’s quarterly revenue was up 2.3% on a year-over-year basis. Analysts expect that Lumber Liquidators Holdings will post $2.71 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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