LL Flooring (NYSE:LL) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of LL Flooring (NYSE:LL) in a report issued on Monday. The brokerage set a “sell” rating on the specialty retailer’s stock.

LL Flooring Price Performance

Shares of LL opened at $1.80 on Monday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.12 and a current ratio of 1.54. LL Flooring has a 52-week low of $1.61 and a 52-week high of $5.52. The business’s 50 day moving average price is $2.03 and its two-hundred day moving average price is $2.85. The firm has a market cap of $55.51 million, a PE ratio of -0.50 and a beta of 1.89.

LL Flooring (NYSE:LL) last issued its earnings results on Friday, March 1st. The specialty retailer reported ($0.64) earnings per share for the quarter. LL Flooring had a negative return on equity of 44.10% and a negative net margin of 11.44%. The firm had revenue of $211.78 million for the quarter.

Hedge Funds Weigh In On LL Flooring

Institutional investors have recently modified their holdings of the company. Sierra Summit Advisors LLC purchased a new stake in LL Flooring in the 4th quarter valued at $266,000. GTS Securities LLC purchased a new stake in LL Flooring in the 4th quarter valued at $114,000. Barclays PLC raised its position in LL Flooring by 135.9% in the 4th quarter. Barclays PLC now owns 56,940 shares of the specialty retailer’s stock valued at $222,000 after buying an additional 32,800 shares during the last quarter. Bridgeway Capital Management LLC raised its position in LL Flooring by 33.3% in the 4th quarter. Bridgeway Capital Management LLC now owns 100,000 shares of the specialty retailer’s stock valued at $390,000 after buying an additional 25,000 shares during the last quarter. Finally, Clear Street Markets LLC purchased a new stake in LL Flooring in the 4th quarter valued at $28,000. 54.33% of the stock is owned by institutional investors and hedge funds.

LL Flooring Company Profile

LL Flooring Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard and soft surface flooring, and hard and soft surface flooring enhancements and accessories. The company offers hard and soft surface flooring including, waterproof hybrid resilient, waterproof vinyl plank, solid and engineered hardwood, laminate, bamboo, tile, and cork products; and flooring enhancements and accessories, including moldings, underlayment, adhesives, and tools, as well as Duravana, a hybrid resilient flooring under the Bellawood, Coreluxe, ReNature by Coreluxe, and Duravana brand names.