Piper Jaffray Companies reissued their hold rating on shares of Lumber Liquidators Holdings, Inc (NYSE:LL) in a report issued on Friday. They currently have a $32.00 price objective on the specialty retailer’s stock.

Other analysts have also issued research reports about the company. Oppenheimer Holdings, Inc. reiterated a hold rating on shares of Lumber Liquidators Holdings in a research note 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 research note on Wednesday, August 2nd. Wedbush increased their target price on Lumber Liquidators Holdings from $27.00 to $35.00 and gave the stock an outperform rating in a research note on Wednesday, August 2nd. Stifel Nicolaus increased their target price 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, CIBC upgraded Lumber Liquidators Holdings from a market perform rating to an outperform rating in a research note on Friday, May 19th. Eight investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of $27.78.

Shares of Lumber Liquidators Holdings (NYSE LL) opened at 40.46 on Friday. Lumber Liquidators Holdings has a 12-month low of $14.02 and a 12-month high of $41.33. The company’s market cap is $1.15 billion. The company has a 50-day moving average of $34.35 and a 200 day moving average of $26.04.

Lumber Liquidators Holdings (NYSE:LL) last released its earnings results on Tuesday, August 1st. The specialty retailer reported $0.16 earnings per share 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 for the quarter, compared to analyst estimates of $256.89 million. During the same quarter last year, the firm posted ($0.45) earnings per share. The business’s revenue was up 10.7% compared to the same quarter last year. On average, equities research analysts expect that Lumber Liquidators Holdings will post ($0.69) EPS for the current year.

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Several institutional investors and hedge funds have recently bought and sold shares of the company. Louisiana State Employees Retirement System grew its position in shares of Lumber Liquidators Holdings by 0.9% during the 2nd quarter. Louisiana State Employees Retirement System now owns 11,600 shares of the specialty retailer’s stock worth $291,000 after buying an additional 100 shares in the last quarter. Texas Permanent School Fund grew its position in shares of Lumber Liquidators Holdings by 1.3% during the 2nd quarter. Texas Permanent School Fund now owns 20,723 shares of the specialty retailer’s stock worth $519,000 after buying an additional 270 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Lumber Liquidators Holdings by 0.5% during the 1st quarter. JPMorgan Chase & Co. now owns 65,483 shares of the specialty retailer’s stock worth $1,374,000 after buying an additional 336 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its position in shares of 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 in the last quarter. Finally, Nationwide Fund Advisors grew its position in shares of Lumber Liquidators Holdings by 3.9% during the 2nd quarter. Nationwide Fund Advisors now owns 15,708 shares of the specialty retailer’s stock worth $394,000 after buying an additional 590 shares in the last quarter. 78.91% of the stock is currently owned by institutional investors and hedge funds.

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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