Shares of Lumber Liquidators Holdings, Inc (NYSE:LL) have been given a consensus rating of “Hold” by the fourteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Eight research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $25.88.

Several equities analysts have recently weighed in on LL shares. Zacks Investment Research upgraded shares of Lumber Liquidators Holdings from a “hold” rating to a “buy” rating and set a $28.00 price objective on the stock in a report on Wednesday, July 5th. Oppenheimer Holdings, Inc. set a $34.00 price objective on shares of Lumber Liquidators Holdings and gave the company a “buy” rating in a report on Tuesday, August 1st. TheStreet upgraded shares of Lumber Liquidators Holdings from a “d+” rating to a “c” rating in a report on Tuesday, August 1st. Stifel Nicolaus upped their price objective on shares of Lumber Liquidators Holdings from $20.00 to $33.00 and gave the company a “hold” rating in a report on Wednesday, August 2nd. Finally, Piper Jaffray Companies set a $32.00 price objective on shares of Lumber Liquidators Holdings and gave the company a “hold” rating in a report on Wednesday, August 2nd.

Shares of Lumber Liquidators Holdings (NYSE:LL) traded up 3.04% during trading on Tuesday, hitting $38.97. The stock had a trading volume of 558,338 shares. The company’s market capitalization is $1.11 billion. Lumber Liquidators Holdings has a 1-year low of $14.02 and a 1-year high of $41.33. The firm has a 50-day moving average of $34.64 and a 200 day moving average of $26.21.

Lumber Liquidators Holdings (NYSE:LL) last announced its quarterly earnings data on Tuesday, August 1st. The specialty retailer reported $0.16 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.24. Lumber Liquidators Holdings had a negative net margin of 4.58% and a negative return on equity of 11.75%. The firm had revenue of $263.50 million for the quarter, compared to analyst estimates of $256.89 million. During the same quarter in the prior year, the business earned ($0.45) earnings per share. The business’s quarterly revenue was up 10.7% compared to the same quarter last year. Equities research analysts predict that Lumber Liquidators Holdings will post ($0.69) earnings per share for the current fiscal year.

Hedge funds have recently modified their holdings of the business. Captrust Financial Advisors bought a new stake in Lumber Liquidators Holdings in the 2nd quarter worth about $118,000. Mason Street Advisors LLC grew its position in Lumber Liquidators Holdings by 11.0% in the 1st quarter. Mason Street Advisors LLC now owns 6,606 shares of the specialty retailer’s stock worth $139,000 after purchasing an additional 652 shares in the last quarter. State of Alaska Department of Revenue grew its position in Lumber Liquidators Holdings by 79.7% in the 2nd quarter. State of Alaska Department of Revenue now owns 5,608 shares of the specialty retailer’s stock worth $140,000 after purchasing an additional 2,488 shares in the last quarter. BNP Paribas Arbitrage SA grew its position in Lumber Liquidators Holdings by 27.8% in the 1st quarter. BNP Paribas Arbitrage SA now owns 7,697 shares of the specialty retailer’s stock worth $162,000 after purchasing an additional 1,676 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan grew its position in Lumber Liquidators Holdings by 6.7% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,670 shares of the specialty retailer’s stock worth $167,000 after purchasing an additional 420 shares in the last quarter. 78.91% of the stock is owned by institutional investors and hedge funds.

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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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