Oppenheimer Holdings, Inc. set a $43.00 price target on Lumber Liquidators Holdings, Inc (NYSE:LL) in a research note released on Tuesday. The brokerage currently has a buy rating on the specialty retailer’s stock. Oppenheimer Holdings also issued estimates for Lumber Liquidators Holdings’ Q4 2017 earnings at $0.07 EPS.

A number of other research firms also recently commented on LL. Piper Jaffray Companies reiterated a hold rating and issued a $32.00 price objective on shares of Lumber Liquidators Holdings in a report on Friday, September 8th. Morgan Stanley increased their price objective on Lumber Liquidators Holdings from $32.00 to $35.00 and gave the company an equal weight rating in a report on Monday, October 2nd. Wedbush reiterated an outperform rating and issued a $35.00 price objective (up previously from $27.00) on shares of Lumber Liquidators Holdings in a report on Tuesday, August 8th. TheStreet upgraded Lumber Liquidators Holdings from a d+ rating to a c rating in a report on Tuesday, August 1st. Finally, BidaskClub upgraded Lumber Liquidators Holdings from a sell rating to a hold rating in a report on Wednesday, August 23rd. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Lumber Liquidators Holdings currently has a consensus rating of Hold and an average target price of $30.78.

Lumber Liquidators Holdings (NYSE:LL) traded down $0.67 during mid-day trading on Tuesday, reaching $30.71. The company’s stock had a trading volume of 1,429,628 shares, compared to its average volume of 1,286,325.

Lumber Liquidators Holdings (NYSE:LL) last posted its quarterly earnings results on Tuesday, August 1st. The specialty retailer reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.24. Lumber Liquidators Holdings had a negative return on equity of 2.39% and a negative net margin of 4.57%. The company had revenue of $263.50 million for the quarter, compared to analyst estimates of $256.89 million. During the same quarter last year, the company earned ($0.45) EPS. Lumber Liquidators Holdings’s revenue for the quarter was up 10.7% compared to the same quarter last year. research analysts predict that Lumber Liquidators Holdings will post -1.19 earnings per share for the current year.

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A number of large investors have recently added to or reduced their stakes in LL. Captrust Financial Advisors purchased a new position in Lumber Liquidators Holdings during the 2nd quarter worth approximately $118,000. State of Alaska Department of Revenue grew its stake in Lumber Liquidators Holdings by 79.7% during the 2nd 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. Municipal Employees Retirement System of Michigan grew its stake in 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 during the last quarter. First Mercantile Trust Co. purchased a new position in Lumber Liquidators Holdings during the 2nd quarter worth approximately $183,000. Finally, Aperio Group LLC purchased a new position in Lumber Liquidators Holdings during the 2nd quarter worth approximately $204,000. Hedge funds and other institutional investors own 76.67% of the company’s stock.

Lumber Liquidators Holdings Company Profile

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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