Somewhat Positive News Coverage Somewhat Unlikely to Impact Lumber Liquidators Holdings (LL) Share Price
News articles about Lumber Liquidators Holdings (NYSE:LL) have been trending somewhat positive on Sunday, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lumber Liquidators Holdings earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the specialty retailer an impact score of 45.4110206559592 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Lumber Liquidators Holdings (LL) traded up 0.24% during mid-day trading on Friday, reaching $37.49. The company’s stock had a trading volume of 1,004,462 shares. The company’s market capitalization is $1.07 billion. Lumber Liquidators Holdings has a 1-year low of $14.02 and a 1-year high of $41.33. The company’s 50 day moving average price is $36.18 and its 200-day moving average price is $26.75.
Lumber Liquidators Holdings (NYSE:LL) last issued its earnings results on Tuesday, August 1st. The specialty retailer reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.24. The business had revenue of $263.50 million during the quarter, compared to the consensus estimate of $256.89 million. Lumber Liquidators Holdings had a return on equity of 8.59% and a net margin of 1.70%. The company’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same period in the prior year, the business posted ($0.45) EPS. Analysts predict that Lumber Liquidators Holdings will post ($0.69) earnings per share for the current fiscal year.
LL has been the subject of several recent research reports. ValuEngine upgraded Lumber Liquidators Holdings from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research upgraded Lumber Liquidators Holdings from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research report on Wednesday, July 5th. BidaskClub cut Lumber Liquidators Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Oppenheimer Holdings, Inc. set a $34.00 price target on Lumber Liquidators Holdings and gave the company a “buy” rating in a research report on Wednesday, July 26th. Finally, Piper Jaffray Companies set a $32.00 price target on Lumber Liquidators Holdings and gave the company a “hold” rating in a research report on Wednesday, August 2nd. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $27.78.
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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.
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