Shares of Lumber Liquidators Holdings Inc (NYSE:LL) have received a consensus rating of “Hold” from the seventeen analysts that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, thirteen have given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $16.89.

LL has been the subject of several recent research reports. Zacks Investment Research upgraded Lumber Liquidators from a “strong sell” rating to a “hold” rating in a report on Saturday, August 4th. Piper Jaffray Companies restated a “hold” rating and set a $21.00 price objective on shares of Lumber Liquidators in a report on Wednesday, August 1st. Oppenheimer downgraded Lumber Liquidators from an “outperform” rating to a “market perform” rating in a report on Tuesday, October 30th. CIBC restated a “market perform” rating on shares of Lumber Liquidators in a report on Tuesday, October 30th. Finally, Morgan Stanley decreased their price objective on Lumber Liquidators from $21.00 to $16.00 and set an “equal weight” rating for the company in a report on Thursday, October 11th.

Shares of LL stock opened at $11.68 on Friday. The company has a market capitalization of $348.02 million, a price-to-earnings ratio of -8.78, a price-to-earnings-growth ratio of 0.88 and a beta of 1.50. The company has a quick ratio of 0.18, a current ratio of 1.89 and a debt-to-equity ratio of 0.21. Lumber Liquidators has a fifty-two week low of $9.95 and a fifty-two week high of $32.63.

Lumber Liquidators (NYSE:LL) last issued its earnings results on Tuesday, October 30th. The specialty retailer reported $0.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.09. The business had revenue of $270.47 million during the quarter, compared to the consensus estimate of $281.82 million. Lumber Liquidators had a return on equity of 6.14% and a net margin of 0.51%. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.12 earnings per share. On average, research analysts anticipate that Lumber Liquidators will post 0.5 earnings per share for the current year.

Several large investors have recently made changes to their positions in LL. SG Capital Management LLC purchased a new position in shares of Lumber Liquidators during the second quarter valued at approximately $22,862,000. Frontier Capital Management Co. LLC purchased a new position in shares of Lumber Liquidators during the second quarter valued at approximately $11,136,000. JPMorgan Chase & Co. boosted its position in shares of Lumber Liquidators by 299.4% during the third quarter. JPMorgan Chase & Co. now owns 410,079 shares of the specialty retailer’s stock valued at $6,352,000 after buying an additional 307,397 shares during the last quarter. BlackRock Inc. boosted its position in shares of Lumber Liquidators by 7.5% during the second quarter. BlackRock Inc. now owns 4,324,346 shares of the specialty retailer’s stock valued at $105,298,000 after buying an additional 302,251 shares during the last quarter. Finally, Gagnon Securities LLC boosted its position in shares of Lumber Liquidators by 47.5% during the second quarter. Gagnon Securities LLC now owns 582,477 shares of the specialty retailer’s stock valued at $14,183,000 after buying an additional 187,635 shares during the last quarter. 76.09% of the stock is currently owned by institutional investors.

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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Analyst Recommendations for Lumber Liquidators (NYSE:LL)

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