Lumber Liquidators (NYSE:LL) was downgraded by equities researchers at Wedbush from an “outperform” rating to a “neutral” rating in a report issued on Monday. They presently have a $39.00 price objective on the specialty retailer’s stock, up from their prior price objective of $28.00. Wedbush’s target price indicates a potential upside of 45.20% from the stock’s previous close.
Other research analysts have also recently issued reports about the stock. Piper Jaffray Companies set a $32.00 price target on shares of Lumber Liquidators and gave the company a “hold” rating in a research report on Wednesday, October 25th. TheStreet cut shares of Lumber Liquidators from a “c” rating to a “d+” rating in a research report on Thursday, November 2nd. Zacks Investment Research cut shares of Lumber Liquidators from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Moffett Nathanson started coverage on shares of Lumber Liquidators in a research report on Monday, December 4th. They set a “buy” rating on the stock. Finally, Oppenheimer reiterated a “buy” rating on shares of Lumber Liquidators in a research report on Wednesday, October 25th. Eight equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Lumber Liquidators presently has a consensus rating of “Hold” and a consensus target price of $30.89.
Shares of Lumber Liquidators (LL) opened at $26.86 on Monday. The firm has a market cap of $765.11, a P/E ratio of -16.48, a P/E/G ratio of 1.18 and a beta of 1.82. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.84 and a quick ratio of 0.21. Lumber Liquidators has a one year low of $15.25 and a one year high of $41.33.
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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.
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