Lumber Liquidators Holdings Inc (NYSE:LL) was the target of a large growth in short interest in July. As of July 31st, there was short interest totalling 9,652,200 shares, a growth of 18.4% from the June 30th total of 8,148,800 shares. Currently, 34.4% of the shares of the stock are short sold. Based on an average trading volume of 1,310,000 shares, the short-interest ratio is currently 7.4 days.

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

Lumber Liquidators stock traded down $0.28 during mid-day trading on Thursday, hitting $7.85. The company’s stock had a trading volume of 2,182,782 shares, compared to its average volume of 1,275,948. The company has a 50 day simple moving average of $10.21. The company has a market capitalization of $232.47 million, a PE ratio of 13.77, a PEG ratio of 0.66 and a beta of 2.00. The company has a current ratio of 1.47, a quick ratio of 0.22 and a debt-to-equity ratio of 1.27. Lumber Liquidators has a one year low of $6.59 and a one year high of $18.36.

Lumber Liquidators (NYSE:LL) last announced its quarterly earnings data on Wednesday, August 7th. The specialty retailer reported $0.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by ($0.01). The business had revenue of $288.57 million during the quarter, compared to the consensus estimate of $291.81 million. Lumber Liquidators had a negative net margin of 5.37% and a positive return on equity of 6.17%. The business’s revenue was up 1.8% compared to the same quarter last year. During the same period last year, the company earned $0.09 EPS. Analysts expect that Lumber Liquidators will post 0.45 earnings per share for the current fiscal year.

In related news, CEO Dennis R. Knowles purchased 14,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The shares were bought at an average price of $8.04 per share, for a total transaction of $112,560.00. Following the acquisition, the chief executive officer now owns 102,241 shares of the company’s stock, valued at approximately $822,017.64. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Charles E. Tyson purchased 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 30th. The shares were bought at an average price of $9.90 per share, for a total transaction of $39,600.00. Following the acquisition, the insider now directly owns 15,644 shares in the company, valued at approximately $154,875.60. The disclosure for this purchase can be found here. 2.10% of the stock is owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in the business. Comerica Bank grew its position in Lumber Liquidators by 2.9% in the 1st quarter. Comerica Bank now owns 28,523 shares of the specialty retailer’s stock valued at $307,000 after acquiring an additional 803 shares during the last quarter. Crossmark Global Holdings Inc. grew its position in shares of Lumber Liquidators by 5.1% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 20,860 shares of the specialty retailer’s stock worth $241,000 after buying an additional 1,010 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Lumber Liquidators by 0.7% during the 4th quarter. Principal Financial Group Inc. now owns 232,355 shares of the specialty retailer’s stock worth $2,212,000 after buying an additional 1,517 shares in the last quarter. Point72 Hong Kong Ltd bought a new position in shares of Lumber Liquidators during the 2nd quarter worth $29,000. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Lumber Liquidators by 2.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 164,102 shares of the specialty retailer’s stock worth $1,896,000 after buying an additional 4,320 shares in the last quarter. 79.76% of the stock is currently owned by institutional investors.

Lumber Liquidators Company Profile

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.

Further Reading: Equity Income

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.