Lumber Liquidators Holdings Inc (LL) Receives Consensus Recommendation of “Hold” from Analysts

Lumber Liquidators Holdings Inc (NYSE:LL) has been given a consensus rating of “Hold” by the fourteen research firms that are presently covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $30.89.

A number of equities research analysts have recently commented on the company. Zacks Investment Research raised Lumber Liquidators from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research note on Wednesday, January 3rd. Moffett Nathanson assumed coverage on Lumber Liquidators in a research note on Monday, December 4th. They issued a “buy” rating on the stock. TheStreet cut Lumber Liquidators from a “c” rating to a “d+” rating in a research note on Thursday, November 2nd. Stifel Nicolaus reissued a “hold” rating and issued a $33.00 target price on shares of Lumber Liquidators in a research note on Wednesday, November 1st. Finally, Piper Jaffray Companies set a $34.00 target price on Lumber Liquidators and gave the stock a “neutral” rating in a research note on Wednesday, November 1st.

Several institutional investors have recently added to or reduced their stakes in LL. Swiss National Bank boosted its position in shares of Lumber Liquidators by 6.0% during the second quarter. Swiss National Bank now owns 47,700 shares of the specialty retailer’s stock valued at $1,195,000 after buying an additional 2,700 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Lumber Liquidators by 10.4% during the second quarter. Wells Fargo & Company MN now owns 21,957 shares of the specialty retailer’s stock valued at $550,000 after buying an additional 2,072 shares during the last quarter. Alliancebernstein L.P. boosted its position in shares of Lumber Liquidators by 94.1% during the second quarter. Alliancebernstein L.P. now owns 33,416 shares of the specialty retailer’s stock valued at $837,000 after buying an additional 16,200 shares during the last quarter. Teachers Advisors LLC boosted its position in shares of Lumber Liquidators by 11.5% during the second quarter. Teachers Advisors LLC now owns 51,125 shares of the specialty retailer’s stock valued at $1,281,000 after buying an additional 5,273 shares during the last quarter. Finally, TIAA CREF Investment Management LLC boosted its position in shares of Lumber Liquidators by 8.1% during the second quarter. TIAA CREF Investment Management LLC now owns 74,724 shares of the specialty retailer’s stock valued at $1,873,000 after buying an additional 5,577 shares during the last quarter. 78.98% of the stock is currently owned by institutional investors.

Shares of Lumber Liquidators (NYSE LL) opened at $26.03 on Friday. Lumber Liquidators has a 12 month low of $15.25 and a 12 month high of $41.33. The company has a market capitalization of $740.62, a price-to-earnings ratio of -15.97, a PEG ratio of 1.14 and a beta of 1.82. The company has a quick ratio of 0.21, a current ratio of 1.84 and a debt-to-equity ratio of 0.17.

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Lumber Liquidators 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 (NYSE:LL)

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