Lumber Liquidators (LL) Rating Increased to Sell at ValuEngine

Lumber Liquidators (NYSE:LL) was upgraded by equities research analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a report issued on Monday, April 1st, ValuEngine reports.

LL has been the subject of a number of other research reports. Zacks Investment Research upgraded shares of Lumber Liquidators from a “hold” rating to a “strong-buy” rating and set a $13.00 price target for the company in a report on Wednesday, March 13th. SunTrust Banks reissued a “hold” rating and issued a $10.00 price objective on shares of Lumber Liquidators in a research note on Monday, January 7th. Morgan Stanley set a $10.00 price objective on shares of Lumber Liquidators and gave the company a “hold” rating in a research note on Tuesday, March 19th. Evercore ISI started coverage on shares of Lumber Liquidators in a research note on Wednesday, March 20th. They issued an “in-line” rating and a $10.00 price objective on the stock. Finally, Wedbush set a $11.00 price objective on shares of Lumber Liquidators and gave the company a “hold” rating in a research note on Tuesday, March 19th. One research analyst has rated the stock with a sell rating and fourteen have issued a hold rating to the company. Lumber Liquidators has an average rating of “Hold” and a consensus target price of $13.30.

Lumber Liquidators stock traded up $0.11 during trading hours on Monday, reaching $12.72. 1,226,500 shares of the stock were exchanged, compared to its average volume of 1,122,236. The company has a market cap of $361.63 million, a P/E ratio of 22.32, a PEG ratio of 0.89 and a beta of 1.70. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.20 and a current ratio of 1.51. Lumber Liquidators has a 52-week low of $8.81 and a 52-week high of $26.92.

Lumber Liquidators (NYSE:LL) last announced its quarterly earnings data on Monday, March 18th. The specialty retailer reported $0.17 EPS for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.01. The company had revenue of $268.90 million during the quarter, compared to the consensus estimate of $272.59 million. Lumber Liquidators had a negative net margin of 5.01% and a positive return on equity of 7.50%. Lumber Liquidators’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.10 EPS. As a group, equities analysts predict that Lumber Liquidators will post 0.5 earnings per share for the current year.

Several institutional investors have recently added to or reduced their stakes in LL. Thompson Investment Management Inc. boosted its position in shares of Lumber Liquidators by 18.7% in the first quarter. Thompson Investment Management Inc. now owns 427,964 shares of the specialty retailer’s stock worth $4,322,000 after acquiring an additional 67,368 shares during the last quarter. Deutsche Bank AG grew its position in Lumber Liquidators by 203.6% in the fourth quarter. Deutsche Bank AG now owns 597,289 shares of the specialty retailer’s stock valued at $5,684,000 after acquiring an additional 400,531 shares in the last quarter. Geode Capital Management LLC grew its position in Lumber Liquidators by 6.4% in the fourth quarter. Geode Capital Management LLC now owns 282,350 shares of the specialty retailer’s stock valued at $2,687,000 after acquiring an additional 16,927 shares in the last quarter. Norges Bank acquired a new stake in Lumber Liquidators in the fourth quarter valued at approximately $2,473,000. Finally, Dimensional Fund Advisors LP grew its position in Lumber Liquidators by 21.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 727,474 shares of the specialty retailer’s stock valued at $6,926,000 after acquiring an additional 126,595 shares in the last quarter. 79.84% 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 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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