Lumber Liquidators Holdings, Inc (NYSE:LL) – Research analysts at Wedbush decreased their Q4 2017 earnings per share (EPS) estimates for shares of Lumber Liquidators Holdings in a note issued to investors on Wednesday. Wedbush analyst S. Basham now anticipates that the specialty retailer will post earnings of $0.08 per share for the quarter, down from their prior forecast of $0.13. Wedbush currently has a “Outperform” rating and a $35.00 price objective on the stock. Wedbush also issued estimates for Lumber Liquidators Holdings’ Q2 2018 earnings at $0.25 EPS, Q3 2018 earnings at $0.14 EPS, Q4 2018 earnings at $0.22 EPS, FY2018 earnings at $0.65 EPS and FY2019 earnings at $1.20 EPS.

LL has been the subject of a number of other research reports. Zacks Investment Research lowered shares of Lumber Liquidators Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, May 4th. Credit Suisse Group cut their target price on shares of Lumber Liquidators Holdings from $32.00 to $22.00 and set a “neutral” rating for the company in a research report on Tuesday, April 11th. Jefferies Group LLC boosted their target price on shares of Lumber Liquidators Holdings from $17.00 to $19.00 and gave the stock a “hold” rating in a research report on Wednesday, May 3rd. BidaskClub lowered shares of Lumber Liquidators Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Finally, Oppenheimer Holdings, Inc. set a $34.00 target price on shares of Lumber Liquidators Holdings and gave the stock a “buy” rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $26.78.

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Shares of Lumber Liquidators Holdings (LL) traded up 3.3453% during mid-day trading on Thursday, hitting $36.4499. The stock had a trading volume of 1,668,361 shares. The company’s market cap is $1.04 billion. Lumber Liquidators Holdings has a one year low of $14.02 and a one year high of $36.98. 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 announced its earnings results on Tuesday, August 1st. The specialty retailer reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.24. Lumber Liquidators Holdings had a negative return on equity of 11.75% and a negative net margin of 4.58%. The business had revenue of $263.50 million for the quarter, compared to analyst estimates of $256.89 million. During the same period in the previous year, the company earned ($0.45) earnings per share. The company’s revenue for the quarter was up 10.7% compared to the same quarter last year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. State of Alaska Department of Revenue raised 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 valued at $140,000 after buying an additional 2,488 shares during the period. Mason Street Advisors LLC raised 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 valued at $139,000 after buying an additional 652 shares during the period. Municipal Employees Retirement System of Michigan raised 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 valued at $167,000 after buying an additional 420 shares during the period. First Mercantile Trust Co. acquired a new position in Lumber Liquidators Holdings during the second quarter valued at about $183,000. Finally, BNP Paribas Arbitrage SA raised 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 valued at $162,000 after buying an additional 1,676 shares during the period. 73.39% of the stock is owned by hedge funds and other institutional investors.

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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