Lumber Liquidators (LL) Getting Somewhat Positive Press Coverage, Report Shows
Media stories about Lumber Liquidators (NYSE:LL) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lumber Liquidators earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the specialty retailer an impact score of 44.7843970013873 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
- Lumber Liquidators (LL) Given a $34.00 Price Target at Oppenheimer (americanbankingnews.com)
- Lumber Liquidators (LL) Given a $32.00 Price Target by Piper Jaffray Analysts (americanbankingnews.com)
- Lumber Liquidators (LL) PT Raised to $33.00 (americanbankingnews.com)
- Lumber Liquidators (LL) Stock Rating Reaffirmed by Jefferies Group (americanbankingnews.com)
- Lumber Liquidators (LL) Upgraded at TheStreet (americanbankingnews.com)
Shares of LL stock traded up $0.37 during midday trading on Tuesday, reaching $23.18. 151,656 shares of the stock were exchanged, compared to its average volume of 961,147. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.20 and a current ratio of 1.67. The company has a market capitalization of $642.17, a price-to-earnings ratio of -17.47, a price-to-earnings-growth ratio of 1.21 and a beta of 1.74. Lumber Liquidators has a 1 year low of $19.46 and a 1 year high of $41.33.
LL has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Lumber Liquidators from a “hold” rating to a “buy” rating and set a $35.00 price target on the stock in a report on Wednesday, January 3rd. Wedbush downgraded Lumber Liquidators from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $39.00 to $28.00 in a report on Monday, February 12th. Stifel Nicolaus reiterated a “hold” rating and set a $25.00 target price (down previously from $33.00) on shares of Lumber Liquidators in a report on Wednesday, February 28th. Credit Suisse Group reduced their target price on Lumber Liquidators from $26.00 to $20.00 and set a “neutral” rating on the stock in a report on Wednesday, February 28th. Finally, Morgan Stanley reduced their target price on Lumber Liquidators from $35.00 to $24.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 28th. Ten research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Lumber Liquidators has a consensus rating of “Hold” and a consensus price target of $26.00.
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About Lumber Liquidators
Lumber Liquidators Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The company offers hardwood species, engineered hardwood, laminates, resilient vinyl flooring, and wood-look ceramic; renewable flooring, and bamboo and cork products; and a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools under the Bellawood and Morning Star Bamboo brands.
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