Brokerages forecast that Lumber Liquidators Holdings Inc (NYSE:LL) will announce earnings per share (EPS) of $0.22 for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for Lumber Liquidators’ earnings, with the lowest EPS estimate coming in at $0.15 and the highest estimate coming in at $0.29. Lumber Liquidators posted earnings of $0.27 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 18.5%. The business is scheduled to announce its next quarterly earnings report on Tuesday, October 29th.

According to Zacks, analysts expect that Lumber Liquidators will report full year earnings of $0.45 per share for the current year, with EPS estimates ranging from $0.35 to $0.54. For the next fiscal year, analysts anticipate that the firm will report earnings of $0.62 per share, with EPS estimates ranging from $0.37 to $0.95. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Lumber Liquidators.

Lumber Liquidators (NYSE:LL) last posted its quarterly earnings data on Wednesday, August 7th. The specialty retailer reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.01). Lumber Liquidators had a positive return on equity of 6.17% and a negative net margin of 5.37%. The business had revenue of $288.57 million for the quarter, compared to analyst estimates of $291.81 million. During the same period in the prior year, the firm posted $0.09 EPS. Lumber Liquidators’s revenue for the quarter was up 1.8% on a year-over-year basis.

Several research firms recently weighed in on LL. Raymond James raised Lumber Liquidators from a “market perform” rating to an “outperform” rating and set a $16.00 price objective for the company in a research report on Wednesday, May 1st. Zacks Investment Research cut Lumber Liquidators from a “hold” rating to a “sell” rating in a research report on Tuesday, August 6th. ValuEngine cut Lumber Liquidators from a “sell” rating to a “strong sell” rating in a research report on Monday, July 29th. Finally, Evercore ISI reissued a “hold” rating on shares of Lumber Liquidators in a research report on Wednesday, August 7th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company’s stock. Lumber Liquidators has an average rating of “Hold” and a consensus price target of $12.00.

In other news, CEO Dennis R. Knowles purchased 14,000 shares of the business’s stock in a transaction on Thursday, August 8th. The stock was purchased at an average price of $8.04 per share, with a total value of $112,560.00. Following the acquisition, the chief executive officer now directly owns 102,241 shares in the company, valued at approximately $822,017.64. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Charles E. Tyson purchased 4,000 shares of the business’s stock in a transaction on Thursday, May 30th. The stock was purchased at an average cost of $9.90 per share, with a total value of $39,600.00. Following the acquisition, the insider now owns 15,644 shares in the company, valued at $154,875.60. The disclosure for this purchase can be found here. Corporate insiders own 2.10% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA grew its stake in shares of Lumber Liquidators by 467.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 6,594 shares of the specialty retailer’s stock valued at $67,000 after purchasing an additional 5,431 shares during the period. Advisory Services Network LLC bought a new stake in shares of Lumber Liquidators in the 2nd quarter valued at approximately $82,000. Municipal Employees Retirement System of Michigan bought a new stake in shares of Lumber Liquidators in the 4th quarter valued at approximately $77,000. Metropolitan Life Insurance Co. NY grew its stake in shares of Lumber Liquidators by 385.3% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 9,420 shares of the specialty retailer’s stock valued at $90,000 after purchasing an additional 7,479 shares during the period. Finally, Aperio Group LLC bought a new stake in shares of Lumber Liquidators in the 2nd quarter valued at approximately $123,000. Institutional investors own 79.76% of the company’s stock.

Shares of NYSE LL traded down $0.21 during trading hours on Wednesday, hitting $8.13. 1,664,200 shares of the company’s stock were exchanged, compared to its average volume of 1,270,124. Lumber Liquidators has a 1-year low of $6.59 and a 1-year high of $18.36. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.47 and a quick ratio of 0.22. The stock has a market cap of $237.65 million, a PE ratio of 14.26, a price-to-earnings-growth ratio of 0.66 and a beta of 2.00. The firm has a 50-day moving average of $10.21.

About Lumber Liquidators

Lumber Liquidators Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard-surface flooring, and hard-surface flooring enhancements and accessories. The company offers hardwood species, engineered hardwood, laminates, resilient vinyl flooring, waterproof vinyl plank, and porcelain tile; 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 brand.

Featured Story: Penny Stocks, Risk and Reward Factors

Get a free copy of the Zacks research report on Lumber Liquidators (LL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Lumber Liquidators (NYSE:LL)

Receive News & Ratings for Lumber Liquidators Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lumber Liquidators and related companies with MarketBeat.com's FREE daily email newsletter.