Lumber Liquidators Holdings, Inc (NYSE:LL) has been assigned a $43.00 target price by equities researchers at Oppenheimer Holdings, Inc. in a research report issued to clients and investors on Friday. The firm presently has a “buy” rating on the specialty retailer’s stock. Oppenheimer Holdings, Inc.’s price objective would suggest a potential upside of 22.09% from the stock’s previous close. Oppenheimer Holdings also issued estimates for Lumber Liquidators Holdings’ FY2019 earnings at $1.14 EPS.

Other analysts also recently issued reports about the company. Zacks Investment Research raised Lumber Liquidators Holdings from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a report on Wednesday, July 5th. Dougherty & Co decreased their price target on Lumber Liquidators Holdings from $5.50 to $4.00 and set a “buy” rating for the company in a report on Wednesday, May 10th. TheStreet raised Lumber Liquidators Holdings from a “d+” rating to a “c” rating in a report on Tuesday, August 1st. Morgan Stanley lifted their price target on Lumber Liquidators Holdings from $15.00 to $20.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 3rd. Finally, Jefferies Group LLC lifted their target price on Lumber Liquidators Holdings from $17.00 to $19.00 and gave the stock a “hold” rating in a research report on Wednesday, May 3rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $27.78.

Shares of Lumber Liquidators Holdings (NYSE LL) traded up 2.09% on Friday, reaching $35.22. The company had a trading volume of 1,118,928 shares. The company has a 50 day moving average of $29.27 and a 200-day moving average of $23.84. Lumber Liquidators Holdings has a 52 week low of $14.02 and a 52 week high of $37.84. The company’s market capitalization is $1.00 billion.

Lumber Liquidators Holdings (NYSE:LL) last announced its quarterly earnings results on Tuesday, August 1st. The specialty retailer reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.24. The company had revenue of $263.50 million during the quarter, compared to the consensus estimate of $256.89 million. Lumber Liquidators Holdings had a negative return on equity of 11.75% and a negative net margin of 4.58%. Lumber Liquidators Holdings’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same period in the previous year, the business earned ($0.45) EPS. Analysts predict that Lumber Liquidators Holdings will post ($0.69) earnings per share for the current fiscal year.

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A number of institutional investors have recently modified their holdings of LL. Captrust Financial Advisors bought a new position in shares of Lumber Liquidators Holdings during the second quarter valued at about $118,000. State of Alaska Department of Revenue boosted its position in shares of Lumber Liquidators Holdings by 79.7% in the second quarter. State of Alaska Department of Revenue now owns 5,608 shares of the specialty retailer’s stock valued at $140,000 after buying an additional 2,488 shares during the period. Mason Street Advisors LLC boosted its position in shares of Lumber Liquidators Holdings by 11.0% in the first quarter. Mason Street Advisors LLC now owns 6,606 shares of the specialty retailer’s stock valued at $139,000 after buying an additional 652 shares during the period. Municipal Employees Retirement System of Michigan boosted its position in shares of Lumber Liquidators Holdings by 6.7% in the second quarter. Municipal Employees Retirement System of Michigan now owns 6,670 shares of the specialty retailer’s stock valued at $167,000 after buying an additional 420 shares during the period. Finally, First Mercantile Trust Co. bought a new position in shares of Lumber Liquidators Holdings during the second quarter valued at about $183,000. Hedge funds and other institutional investors own 71.89% of the company’s stock.

Lumber Liquidators Holdings Company Profile

Lumber Liquidators Holdings, Inc is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. Its product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork, Vinyl Plank and Other, Moldings and Accessories, and Non-Merchandise Services.

Analyst Recommendations for Lumber Liquidators Holdings (NYSE:LL)

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