Lumber Liquidators (NYSE:LL) had its price objective raised by Raymond James from $10.00 to $14.00 in a research report report published on Friday morning, BenzingaRatingsTable reports. The firm currently has an outperform rating on the specialty retailer’s stock.

Other analysts have also recently issued research reports about the stock. ValuEngine cut shares of Lumber Liquidators from a sell rating to a strong sell rating in a research note on Monday, July 29th. Evercore ISI reiterated a hold rating on shares of Lumber Liquidators in a research note on Wednesday, August 7th. Finally, Zacks Investment Research cut shares of Lumber Liquidators from a hold rating to a sell rating in a research note on Tuesday, August 6th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company. Lumber Liquidators has an average rating of Hold and a consensus price target of $11.78.

Shares of Lumber Liquidators stock opened at $9.27 on Friday. The company has a fifty day simple moving average of $9.21 and a 200-day simple moving average of $10.65. Lumber Liquidators has a 12-month low of $6.59 and a 12-month high of $18.16. The company has a current ratio of 1.47, a quick ratio of 0.22 and a debt-to-equity ratio of 1.27. The stock has a market cap of $322.89 million, a price-to-earnings ratio of 16.26, a PEG ratio of 1.01 and a beta of 1.95.

Lumber Liquidators (NYSE:LL) last issued its quarterly earnings results on Wednesday, August 7th. The specialty retailer reported $0.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.01). The business had revenue of $288.57 million for the quarter, compared to analyst estimates of $291.81 million. Lumber Liquidators had a positive return on equity of 6.17% and a negative net margin of 5.37%. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.09 EPS. On average, analysts forecast that Lumber Liquidators will post 0.41 earnings per share for the current fiscal year.

In other news, insider Michael L. Reeves bought 14,900 shares of Lumber Liquidators stock in a transaction dated Monday, August 19th. The stock was bought at an average price of $8.32 per share, for a total transaction of $123,968.00. Following the purchase, the insider now owns 44,631 shares of the company’s stock, valued at $371,329.92. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Dennis R. Knowles bought 14,000 shares of Lumber Liquidators stock in a transaction dated 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 purchase, the chief executive officer now directly owns 102,241 shares in the company, valued at approximately $822,017.64. The disclosure for this purchase can be found here. 2.10% of the stock is owned by corporate insiders.

Several hedge funds have recently added to or reduced their stakes in LL. Bank of America Corp DE lifted its stake in shares of Lumber Liquidators by 53.6% in the 4th quarter. Bank of America Corp DE now owns 28,516 shares of the specialty retailer’s stock worth $271,000 after acquiring an additional 9,946 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Lumber Liquidators by 21.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 727,474 shares of the specialty retailer’s stock worth $6,926,000 after acquiring an additional 126,595 shares during the period. BNP Paribas Arbitrage SA lifted 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 worth $67,000 after acquiring an additional 5,431 shares during the period. Comerica Bank lifted its stake in shares of Lumber Liquidators by 2.9% in the 1st quarter. Comerica Bank now owns 28,523 shares of the specialty retailer’s stock worth $307,000 after acquiring an additional 803 shares during the period. Finally, Everence Capital Management Inc. acquired a new stake in shares of Lumber Liquidators in the 1st quarter worth $116,000. Institutional investors own 83.36% of the company’s stock.

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.

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Analyst Recommendations for Lumber Liquidators (NYSE:LL)

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