Brokerages Set Lumber Liquidators Holdings Inc (LL) Price Target at $13.33

Shares of Lumber Liquidators Holdings Inc (NYSE:LL) have received an average recommendation of “Hold” from the sixteen research firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating and fourteen have given a hold rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $13.33.

A number of equities research analysts have weighed in on LL shares. Zacks Investment Research upgraded shares of Lumber Liquidators from a “hold” rating to a “strong-buy” rating and set a $13.00 target price for the company in a research note on Wednesday, March 13th. SunTrust Banks reiterated a “hold” rating and set a $10.00 target price on shares of Lumber Liquidators in a research note on Monday, January 7th. Morgan Stanley set a $10.00 target price on shares of Lumber Liquidators and gave the company a “hold” rating in a research note on Tuesday, March 19th. ValuEngine lowered shares of Lumber Liquidators from a “sell” rating to a “strong sell” rating in a research note on Monday, February 4th. Finally, Evercore ISI started coverage on shares of Lumber Liquidators in a research note on Wednesday, March 20th. They set an “in-line” rating and a $10.00 target price for the company.

Several large investors have recently bought and sold shares of the company. BlackRock Inc. increased its stake in shares of Lumber Liquidators by 5.1% in the 4th quarter. BlackRock Inc. now owns 4,749,908 shares of the specialty retailer’s stock worth $45,219,000 after purchasing an additional 230,871 shares in the last quarter. Gagnon Securities LLC increased its stake in Lumber Liquidators by 16.0% in the 4th quarter. Gagnon Securities LLC now owns 1,124,911 shares of the specialty retailer’s stock worth $10,709,000 after buying an additional 155,279 shares in the last quarter. Marshall Wace LLP purchased a new stake in Lumber Liquidators in the 3rd quarter worth $12,361,000. Dimensional Fund Advisors LP increased its stake in 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 buying an additional 126,595 shares in the last quarter. Finally, Royce & Associates LP increased its stake in Lumber Liquidators by 258.5% in the 4th quarter. Royce & Associates LP now owns 619,079 shares of the specialty retailer’s stock worth $5,894,000 after buying an additional 446,400 shares in the last quarter. Hedge funds and other institutional investors own 79.84% of the company’s stock.

LL stock traded up $0.44 during midday trading on Wednesday, hitting $11.48. The company’s stock had a trading volume of 1,433,600 shares, compared to its average volume of 1,039,609. The stock has a market capitalization of $316.63 million, a PE ratio of 20.14, a price-to-earnings-growth ratio of 0.82 and a beta of 1.70. Lumber Liquidators has a 12 month low of $8.81 and a 12 month high of $26.92. The company has a current ratio of 1.51, a quick ratio of 0.20 and a debt-to-equity ratio of 0.44.

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

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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