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.
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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