Lumber Liquidators Holdings, Inc (NYSE:LL) – SunTrust Banks issued their Q2 2018 EPS estimates for Lumber Liquidators Holdings in a report released on Tuesday. SunTrust Banks analyst K. Hughes forecasts that the specialty retailer will post earnings of $0.14 per share for the quarter. SunTrust Banks also issued estimates for Lumber Liquidators Holdings’ Q3 2018 earnings at $0.14 EPS, FY2019 earnings at $0.71 EPS and FY2020 earnings at $1.05 EPS.

A number of other brokerages have also issued reports on LL. TheStreet raised shares of Lumber Liquidators Holdings from a “d+” rating to a “c” rating in a report on Tuesday. Piper Jaffray Companies set a $32.00 target price on shares of Lumber Liquidators Holdings and gave the stock a “hold” rating in a research report on Wednesday. Stifel Nicolaus raised their target price on shares of Lumber Liquidators Holdings from $20.00 to $33.00 and gave the stock a “hold” rating in a research report on Wednesday. Wedbush raised their target price on shares of Lumber Liquidators Holdings from $27.00 to $35.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Jefferies Group LLC reissued a “hold” rating and set a $33.00 price target (up from $19.00) on shares of Lumber Liquidators Holdings in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $26.78.

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Lumber Liquidators Holdings (NYSE:LL) traded up 3.46% during trading on Thursday, reaching $36.49. 2,178,706 shares of the company traded hands. Lumber Liquidators Holdings has a 12-month low of $14.02 and a 12-month high of $36.98. The firm’s market capitalization is $1.04 billion. The firm’s 50 day moving average price is $25.51 and its 200 day moving average price is $22.10.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. State of Alaska Department of Revenue boosted its position in Lumber Liquidators Holdings by 79.7% in the second 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 boosted its position in Lumber Liquidators Holdings by 11.0% in the first 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 boosted its position in Lumber Liquidators Holdings by 6.7% in the second 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. First Mercantile Trust Co. bought a new position in Lumber Liquidators Holdings during the second quarter worth approximately $183,000. Finally, BNP Paribas Arbitrage SA boosted its position in Lumber Liquidators Holdings by 27.8% in the first quarter. BNP Paribas Arbitrage SA now owns 7,697 shares of the specialty retailer’s stock worth $162,000 after buying an additional 1,676 shares during the last quarter. Institutional investors and hedge funds own 73.39% 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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