Lumber Liquidators Holdings (LL) Getting Somewhat Favorable News Coverage, Study Shows
Headlines about Lumber Liquidators Holdings (NYSE:LL) have been trending somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lumber Liquidators Holdings earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned press coverage about the specialty retailer an impact score of 46.2858794558785 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s rankings:
- Does the recent activity on Lumber Liquidators Holdings Inc. (NYSE: LL) predict bullish pattern ? – Argus Journal (argusjournal.com)
- SunTrust Banks Brokers Lower Earnings Estimates for Lumber Liquidators Holdings, Inc (LL) (americanbankingnews.com)
- Lumber Liquidators Holdings, Inc (LL) Price Target Raised to $35.00 (americanbankingnews.com)
- 2 Building Stocks Poised For a Comeback – Schaeffers Research (blog) (schaeffersresearch.com)
Lumber Liquidators Holdings (LL) remained flat at $36.80 on Thursday. 821,297 shares of the company were exchanged. The firm’s market cap is $1.05 billion. The firm has a 50-day moving average of $37.49 and a 200 day moving average of $28.63. Lumber Liquidators Holdings has a one year low of $14.02 and a one year high of $41.33.
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, beating the Thomson Reuters’ consensus estimate 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 company had revenue of $263.50 million for the quarter, compared to analysts’ expectations of $256.89 million. During the same quarter in the previous year, the business posted ($0.45) EPS. The business’s revenue for the quarter was up 10.7% on a year-over-year basis. On average, analysts forecast that Lumber Liquidators Holdings will post ($0.69) EPS for the current fiscal year.
LL has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Lumber Liquidators Holdings from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a report on Wednesday, July 5th. BidaskClub lowered shares of Lumber Liquidators Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Oppenheimer Holdings, Inc. set a $34.00 price objective on shares of Lumber Liquidators Holdings and gave the stock a “buy” rating in a report on Wednesday, July 26th. Piper Jaffray Companies set a $32.00 price objective on shares of Lumber Liquidators Holdings and gave the stock a “hold” rating in a report on Wednesday, August 2nd. Finally, Stifel Nicolaus increased their price objective on shares of Lumber Liquidators Holdings from $20.00 to $33.00 and gave the stock a “hold” rating in a report on Wednesday, August 2nd. Eight equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Lumber Liquidators Holdings has a consensus rating of “Hold” and an average target price of $29.44.
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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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