Oppenheimer Holdings, Inc. set a $43.00 price objective on Lumber Liquidators Holdings, Inc (NYSE:LL) in a research report report published on Friday. The brokerage currently has a buy rating on the specialty retailer’s stock. Oppenheimer Holdings also issued estimates for Lumber Liquidators Holdings’ FY2019 earnings at $1.14 EPS.

A number of other equities research analysts have also recently commented on the company. Wedbush reaffirmed an outperform rating and set a $35.00 price objective (up from $27.00) on shares of Lumber Liquidators Holdings in a research note on Tuesday, August 8th. TheStreet raised Lumber Liquidators Holdings from a d+ rating to a c rating in a research note on Tuesday, August 1st. Jefferies Group LLC reaffirmed a hold rating and set a $33.00 price objective (up from $19.00) on shares of Lumber Liquidators Holdings in a research note on Wednesday, August 2nd. Stifel Nicolaus lifted their price objective on Lumber Liquidators Holdings from $20.00 to $33.00 and gave the stock a hold rating in a research note on Wednesday, August 2nd. Finally, Piper Jaffray Companies set a $32.00 price objective on Lumber Liquidators Holdings and gave the stock a hold rating in a research note on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of $27.78.

Shares of Lumber Liquidators Holdings (NYSE:LL) opened at 35.22 on Friday. The stock’s 50 day moving average price is $29.27 and its 200 day moving average price is $23.84. The stock’s market capitalization is $1.00 billion. Lumber Liquidators Holdings has a one year low of $14.02 and a one year high of $37.84.

Lumber Liquidators Holdings (NYSE:LL) last announced its quarterly earnings data on Tuesday, August 1st. The specialty retailer reported $0.16 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $256.89 million. During the same period in the previous year, the firm earned ($0.45) earnings per share. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. On average, analysts forecast that Lumber Liquidators Holdings will post ($0.69) EPS for the current year.

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A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Captrust Financial Advisors acquired a new position in Lumber Liquidators Holdings during the second quarter worth about $118,000. 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. 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. 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. Finally, 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. 71.89% of the stock is owned by hedge funds and other institutional investors.

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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