Lumber Liquidators Holdings, Inc (NYSE:LL)‘s stock had its “outperform” rating reissued by equities researchers at Wedbush in a report released on Tuesday, August 8th. They currently have a $35.00 price target on the specialty retailer’s stock, up from their prior price target of $27.00. Wedbush’s price target suggests a potential downside of 0.62% from the company’s current price.

A number of other equities analysts have also recently commented on LL. Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of Lumber Liquidators Holdings in a report on Saturday, May 13th. Jefferies Group LLC reiterated a “hold” rating and issued a $33.00 target price (up previously from $19.00) on shares of Lumber Liquidators Holdings in a report on Wednesday, August 2nd. TheStreet upgraded Lumber Liquidators Holdings from a “d+” rating to a “c” rating in a report on Tuesday, August 1st. BidaskClub cut Lumber Liquidators Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Finally, Morgan Stanley boosted their price objective on Lumber Liquidators Holdings from $15.00 to $20.00 and gave the company an “equal weight” rating in a report on Wednesday, May 3rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. Lumber Liquidators Holdings has an average rating of “Hold” and a consensus price target of $27.78.

Shares of Lumber Liquidators Holdings (LL) traded up 2.09% during mid-day trading on Tuesday, reaching $35.22. The company’s stock had a trading volume of 1,118,928 shares. The stock’s market capitalization is $1.00 billion. The company’s 50-day moving average price is $29.27 and its 200-day moving average price is $23.84. Lumber Liquidators Holdings has a 12-month low of $14.02 and a 12-month high of $37.84.

Lumber Liquidators Holdings (NYSE:LL) last announced its earnings results on Tuesday, August 1st. The specialty retailer reported $0.16 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.24. The firm had revenue of $263.50 million during the quarter, compared to analysts’ expectations of $256.89 million. Lumber Liquidators Holdings had a negative return on equity of 11.75% and a negative net margin of 4.58%. The company’s quarterly revenue was up 10.7% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.45) EPS. On average, equities research analysts forecast that Lumber Liquidators Holdings will post ($0.69) earnings per share for the current fiscal year.

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Large investors have recently modified their holdings of the company. State Street Corp boosted its stake in shares of Lumber Liquidators Holdings by 11.2% in the fourth quarter. State Street Corp now owns 560,896 shares of the specialty retailer’s stock valued at $8,825,000 after buying an additional 56,425 shares in the last quarter. Thrivent Financial for Lutherans raised its position in Lumber Liquidators Holdings by 5.9% in the fourth quarter. Thrivent Financial for Lutherans now owns 14,700 shares of the specialty retailer’s stock valued at $231,000 after buying an additional 820 shares during the last quarter. Creative Planning raised its position in Lumber Liquidators Holdings by 43.2% in the first quarter. Creative Planning now owns 20,205 shares of the specialty retailer’s stock valued at $424,000 after buying an additional 6,100 shares during the last quarter. Louisiana State Employees Retirement System raised its position in Lumber Liquidators Holdings by 4.5% in the first quarter. Louisiana State Employees Retirement System now owns 11,500 shares of the specialty retailer’s stock valued at $241,000 after buying an additional 500 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its position in Lumber Liquidators Holdings by 0.6% in the first quarter. Russell Investments Group Ltd. now owns 488,482 shares of the specialty retailer’s stock valued at $10,252,000 after buying an additional 2,876 shares during the last quarter. Institutional investors and hedge funds own 71.89% of the company’s stock.

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)

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