Lumber Liquidators Holdings, Inc (LL) Receives $29.44 Average Price Target from Analysts

Lumber Liquidators Holdings, Inc (NYSE:LL) has been given an average recommendation of “Hold” by the fourteen ratings firms that are currently covering the company, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $29.44.

A number of equities research analysts have issued reports on the company. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $32.00 price target on shares of Lumber Liquidators Holdings in a research report on Friday, September 8th. Morgan Stanley increased their price target on Lumber Liquidators Holdings from $32.00 to $35.00 and gave the company an “equal weight” rating in a research report on Monday, October 2nd. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and issued a $43.00 price target on shares of Lumber Liquidators Holdings in a research report on Wednesday, October 4th. Wedbush reaffirmed an “outperform” rating and issued a $35.00 price target (up previously from $27.00) on shares of Lumber Liquidators Holdings in a research report on Tuesday, August 8th. Finally, TheStreet raised Lumber Liquidators Holdings from a “d+” rating to a “c” rating in a research report on Tuesday, August 1st.

COPYRIGHT VIOLATION NOTICE: “Lumber Liquidators Holdings, Inc (LL) Receives $29.44 Average Price Target from Analysts” was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece of content can be accessed at https://ledgergazette.com/2017/10/10/lumber-liquidators-holdings-inc-ll-receives-29-44-average-price-target-from-analysts.html.

Large investors have recently added to or reduced their stakes in the stock. Captrust Financial Advisors purchased a new position in Lumber Liquidators Holdings during the 2nd quarter worth approximately $118,000. State of Alaska Department of Revenue grew its stake in Lumber Liquidators Holdings by 79.7% during the 2nd quarter. State of Alaska Department of Revenue now owns 5,608 shares of the specialty retailer’s stock worth $140,000 after buying an additional 2,488 shares during the last quarter. Mason Street Advisors LLC grew its stake in Lumber Liquidators Holdings by 11.0% during the 1st quarter. Mason Street Advisors LLC now owns 6,606 shares of the specialty retailer’s stock worth $139,000 after buying an additional 652 shares during the last quarter. Municipal Employees Retirement System of Michigan grew its stake in Lumber Liquidators Holdings by 6.7% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,670 shares of the specialty retailer’s stock worth $167,000 after buying an additional 420 shares during the last quarter. Finally, First Mercantile Trust Co. purchased a new position in Lumber Liquidators Holdings during the 2nd quarter worth approximately $183,000. Hedge funds and other institutional investors own 77.32% of the company’s stock.

Lumber Liquidators Holdings (NYSE LL) traded down 4.39% during mid-day trading on Friday, hitting $34.23. The company had a trading volume of 1,677,492 shares. The company has a 50-day moving average price of $37.63 and a 200 day moving average price of $29.09. The company’s market capitalization is $972.61 million. Lumber Liquidators Holdings has a 52-week low of $14.02 and a 52-week high of $41.33.

Lumber Liquidators Holdings (NYSE:LL) last posted its quarterly earnings results on Tuesday, August 1st. The specialty retailer reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.24. The company had revenue of $263.50 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the company earned ($0.45) EPS. On average, analysts forecast that Lumber Liquidators Holdings will post ($0.69) EPS

A number of equities research analysts have issued reports on the company. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $32.00 price target on shares of Lumber Liquidators Holdings in a research report on Friday, September 8th. Morgan Stanley increased their price target on Lumber Liquidators Holdings from $32.00 to $35.00 and gave the company an “equal weight” rating in a research report on Monday, October 2nd. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and issued a $43.00 price target on shares of Lumber Liquidators Holdings in a research report on Wednesday, October 4th. Wedbush reaffirmed an “outperform” rating and issued a $35.00 price target (up previously from $27.00) on shares of Lumber Liquidators Holdings in a research report on Tuesday, August 8th. Finally, TheStreet raised Lumber Liquidators Holdings from a “d+” rating to a “c” rating in a research report on Tuesday, August 1st.

COPYRIGHT VIOLATION NOTICE: “Lumber Liquidators Holdings, Inc (LL) Receives $29.44 Average Price Target from Analysts” was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece of content can be accessed at https://ledgergazette.com/2017/10/10/lumber-liquidators-holdings-inc-ll-receives-29-44-average-price-target-from-analysts.html.

Large investors have recently added to or reduced their stakes in the stock. Captrust Financial Advisors purchased a new position in Lumber Liquidators Holdings during the 2nd quarter worth approximately $118,000. State of Alaska Department of Revenue grew its stake in Lumber Liquidators Holdings by 79.7% during the 2nd quarter. State of Alaska Department of Revenue now owns 5,608 shares of the specialty retailer’s stock worth $140,000 after buying an additional 2,488 shares during the last quarter. Mason Street Advisors LLC grew its stake in Lumber Liquidators Holdings by 11.0% during the 1st quarter. Mason Street Advisors LLC now owns 6,606 shares of the specialty retailer’s stock worth $139,000 after buying an additional 652 shares during the last quarter. Municipal Employees Retirement System of Michigan grew its stake in Lumber Liquidators Holdings by 6.7% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,670 shares of the specialty retailer’s stock worth $167,000 after buying an additional 420 shares during the last quarter. Finally, First Mercantile Trust Co. purchased a new position in Lumber Liquidators Holdings during the 2nd quarter worth approximately $183,000. Hedge funds and other institutional investors own 77.32% of the company’s stock.

Lumber Liquidators Holdings (NYSE LL) traded down 4.39% during mid-day trading on Friday, hitting $34.23. The company had a trading volume of 1,677,492 shares. The company has a 50-day moving average price of $37.63 and a 200 day moving average price of $29.09. The company’s market capitalization is $972.61 million. Lumber Liquidators Holdings has a 52-week low of $14.02 and a 52-week high of $41.33.

Lumber Liquidators Holdings (NYSE:LL) last posted its quarterly earnings results on Tuesday, August 1st. The specialty retailer reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.24. The company had revenue of $263.50 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the company earned ($0.45) EPS. On average, analysts forecast that Lumber Liquidators Holdings will post ($0.69) EPS for the current fiscal year.

About Lumber Liquidators Holdings

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)

Receive News & Ratings for Lumber Liquidators Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lumber Liquidators Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply