Lumber Liquidators Holdings Receives Consensus Recommendation of “Hold” from Analysts (NYSE:LL)
Lumber Liquidators Holdings (NYSE:LL) has been given an average rating of “Hold” by the fourteen analysts that are presently covering the stock, StockRatingsNetwork.com reports. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $81.13.
Shares of Lumber Liquidators Holdings (NYSE:LL) traded down 0.19% during mid-day trading on Friday, hitting $57.97. 102,982 shares of the company’s stock traded hands. Lumber Liquidators Holdings has a one year low of $52.76 and a one year high of $119.98. The stock’s 50-day moving average is $56.09 and its 200-day moving average is $79.10. The company has a market cap of $1.571 billion and a P/E ratio of 22.68.
Lumber Liquidators Holdings (NYSE:LL) last posted its quarterly 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. Analysts expect that Lumber Liquidators Holdings will post $2.71 EPS for the current fiscal year.
In other Lumber Liquidators Holdings news, Director Douglas T. Moore sold 2,200 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $58.39, for a total transaction of $128,458.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on LL. Analysts at Wedbush upgraded shares of Lumber Liquidators Holdings from a “neutral” rating to an “outperform” rating in a research note on Wednesday. They now have a $73.00 price target on the stock, up previously from $62.00. Separately, 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.
Lumber Liquidators Holdings, Inc (NYSE:LL) is retailer of hardwood flooring, and hardwood flooring enhancements and accessories.
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