Lumber Liquidators Holdings, Inc (NYSE:LL) – Stock analysts at Oppenheimer Holdings cut their Q4 2017 earnings per share estimates for Lumber Liquidators Holdings in a research report issued to clients and investors on Tuesday. Oppenheimer Holdings analyst B. Nagel now anticipates that the specialty retailer will earn $0.07 per share for the quarter, down from their previous estimate of $0.08. Oppenheimer Holdings has a “Buy” rating and a $43.00 price target on the stock.

Other analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of Lumber Liquidators Holdings from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research note on Wednesday, July 5th. Wedbush set a $39.00 target price on shares of Lumber Liquidators Holdings and gave the company a “buy” rating in a research note on Wednesday, October 25th. TheStreet upgraded shares of Lumber Liquidators Holdings from a “d+” rating to a “c” rating in a research note on Tuesday, August 1st. Morgan Stanley lifted their target price on shares of Lumber Liquidators Holdings from $32.00 to $35.00 and gave the company an “equal weight” rating in a research note on Monday, October 2nd. Finally, Stifel Nicolaus lifted their target price on shares of Lumber Liquidators Holdings from $20.00 to $33.00 and gave the company a “hold” rating in a research note on Wednesday, August 2nd. Eight research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $30.78.

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Lumber Liquidators Holdings (NYSE:LL) last released its quarterly earnings data on Tuesday, August 1st. The specialty retailer reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.24. Lumber Liquidators Holdings had a negative net margin of 4.57% and a negative return on equity of 2.39%. The company had revenue of $263.50 million during the quarter, compared to analyst estimates of $256.89 million. During the same quarter in the prior year, the business earned ($0.45) earnings per share. The business’s quarterly revenue was up 10.7% compared to the same quarter last year.

Several institutional investors have recently modified their holdings of the company. USA Financial Portformulas Corp lifted its stake in shares of Lumber Liquidators Holdings by 59.3% in the third quarter. USA Financial Portformulas Corp now owns 21,720 shares of the specialty retailer’s stock worth $847,000 after buying an additional 8,082 shares during the last quarter. Chicago Equity Partners LLC acquired a new stake in shares of Lumber Liquidators Holdings in the third quarter worth $381,000. State Board of Administration of Florida Retirement System lifted its stake in shares of Lumber Liquidators Holdings by 18.4% in the third quarter. State Board of Administration of Florida Retirement System now owns 25,220 shares of the specialty retailer’s stock worth $983,000 after buying an additional 3,926 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in shares of Lumber Liquidators Holdings in the third quarter worth $1,119,000. Finally, New York State Teachers Retirement System lifted its stake in shares of Lumber Liquidators Holdings by 10.5% in the third quarter. New York State Teachers Retirement System now owns 42,985 shares of the specialty retailer’s stock worth $1,676,000 after buying an additional 4,100 shares during the last quarter. Institutional investors and hedge funds own 76.67% 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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