Equities research analysts predict that Lumber Liquidators Holdings Inc (NYSE:LL) will report sales of $270.05 million for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Lumber Liquidators’ earnings, with the lowest sales estimate coming in at $264.23 million and the highest estimate coming in at $279.10 million. Lumber Liquidators reported sales of $261.77 million in the same quarter last year, which would suggest a positive year over year growth rate of 3.2%. The company is expected to issue its next quarterly earnings results before the market opens on Tuesday, April 30th.

According to Zacks, analysts expect that Lumber Liquidators will report full year sales of $1.13 billion for the current year, with estimates ranging from $1.12 billion to $1.14 billion. For the next financial year, analysts forecast that the firm will report sales of $1.19 billion, with estimates ranging from $1.14 billion to $1.23 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that cover Lumber Liquidators.

Lumber Liquidators (NYSE:LL) last issued its quarterly earnings data on Monday, March 18th. The specialty retailer reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. Lumber Liquidators had a negative net margin of 5.01% and a positive return on equity of 7.50%. The firm had revenue of $268.90 million for the quarter, compared to analyst estimates of $272.59 million. During the same quarter in the previous year, the business posted $0.10 EPS. The firm’s revenue was up 3.5% compared to the same quarter last year.

Several equities research analysts have recently weighed in on LL shares. ValuEngine downgraded shares of Lumber Liquidators from a “hold” rating to a “sell” rating in a research report on Monday, December 31st. SunTrust Banks reissued a “hold” rating and issued a $10.00 target price on shares of Lumber Liquidators in a research report on Monday, January 7th. Loop Capital downgraded shares of Lumber Liquidators from a “buy” rating to a “hold” rating and dropped their target price for the stock from $24.00 to $10.00 in a research report on Thursday, January 3rd. Zacks Investment Research raised shares of Lumber Liquidators from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research report on Thursday, January 10th. Finally, Wedbush set a $11.00 price objective on shares of Lumber Liquidators and gave the company a “hold” rating in a research report on Tuesday, March 19th. One equities research analyst has rated the stock with a sell rating and fourteen have assigned a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $13.30.

Several large investors have recently modified their holdings of the company. Deutsche Bank AG lifted its stake in shares of Lumber Liquidators by 203.6% in the 4th quarter. Deutsche Bank AG now owns 597,289 shares of the specialty retailer’s stock worth $5,684,000 after acquiring an additional 400,531 shares during the period. Geode Capital Management LLC lifted its stake in Lumber Liquidators by 6.4% during the fourth quarter. Geode Capital Management LLC now owns 282,350 shares of the specialty retailer’s stock valued at $2,687,000 after purchasing an additional 16,927 shares during the last quarter. Norges Bank acquired a new stake in Lumber Liquidators during the fourth quarter valued at approximately $2,473,000. Dimensional Fund Advisors LP lifted its stake in Lumber Liquidators by 21.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 727,474 shares of the specialty retailer’s stock valued at $6,926,000 after purchasing an additional 126,595 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC lifted its stake in Lumber Liquidators by 141.6% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 260,785 shares of the specialty retailer’s stock valued at $2,482,000 after purchasing an additional 152,850 shares during the last quarter. 79.84% of the stock is owned by institutional investors.

Shares of LL traded up $0.75 during midday trading on Wednesday, hitting $12.23. The company had a trading volume of 4,635,032 shares, compared to its average volume of 1,087,594. The company has a market capitalization of $350.78 million, a P/E ratio of 21.46, a PEG ratio of 0.82 and a beta of 1.70. Lumber Liquidators has a 52 week low of $8.81 and a 52 week high of $26.92. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.20 and a current ratio of 1.51.

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.

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