Lumber Liquidators Holdings, Inc (NYSE:LL) – Equities researchers at SunTrust Banks lowered their Q3 2017 earnings per share (EPS) estimates for shares of Lumber Liquidators Holdings in a research report issued on Monday. SunTrust Banks analyst K. Hughes now anticipates that the specialty retailer will earn $0.02 per share for the quarter, down from their prior forecast of $0.07.

Lumber Liquidators Holdings (NYSE:LL) last issued its quarterly earnings data on Tuesday, August 1st. The specialty retailer reported $0.16 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.24. Lumber Liquidators Holdings had a negative return on equity of 11.75% and a negative net margin of 4.58%. The business had revenue of $263.50 million during the quarter, compared to analyst estimates of $256.89 million. During the same period in the previous year, the firm earned ($0.45) EPS. Lumber Liquidators Holdings’s quarterly revenue was up 10.7% compared to the same quarter last year.

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Other equities research analysts have also issued research reports about the company. Zacks Investment Research upgraded Lumber Liquidators Holdings from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a research report on Wednesday, July 5th. Stifel Nicolaus raised their target price on Lumber Liquidators Holdings from $20.00 to $33.00 and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. Oppenheimer Holdings, Inc. set a $34.00 target price on Lumber Liquidators Holdings and gave the stock a “buy” rating in a report on Wednesday, July 26th. Piper Jaffray Companies set a $32.00 target price on Lumber Liquidators Holdings and gave the stock a “hold” rating in a report on Wednesday, August 2nd. Finally, BidaskClub raised Lumber Liquidators Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Eight investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Lumber Liquidators Holdings has a consensus rating of “Hold” and an average price target of $29.44.

Shares of Lumber Liquidators Holdings (LL) opened at 36.82 on Wednesday. The company’s 50-day moving average price is $37.45 and its 200-day moving average price is $28.58. The company’s market capitalization is $1.05 billion. Lumber Liquidators Holdings has a 1-year low of $14.02 and a 1-year high of $41.33.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Captrust Financial Advisors acquired a new position in shares of Lumber Liquidators Holdings during the second quarter worth approximately $118,000. Mason Street Advisors LLC lifted its holdings in shares of Lumber Liquidators Holdings by 11.0% in the 1st quarter. Mason Street Advisors LLC now owns 6,606 shares of the specialty retailer’s stock worth $139,000 after purchasing an additional 652 shares in the last quarter. State of Alaska Department of Revenue lifted its holdings in shares of Lumber Liquidators Holdings by 79.7% in the 2nd quarter. State of Alaska Department of Revenue now owns 5,608 shares of the specialty retailer’s stock worth $140,000 after purchasing an additional 2,488 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in shares of Lumber Liquidators Holdings by 27.8% in the 1st quarter. BNP Paribas Arbitrage SA now owns 7,697 shares of the specialty retailer’s stock worth $162,000 after purchasing an additional 1,676 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan lifted its holdings in shares of Lumber Liquidators Holdings by 6.7% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,670 shares of the specialty retailer’s stock worth $167,000 after purchasing an additional 420 shares in the last quarter. Hedge funds and other institutional investors own 77.32% 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.

Earnings History and Estimates for Lumber Liquidators Holdings (NYSE:LL)

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