Lumber Liquidators Holdings Inc (NYSE:LL) insider Michael L. Reeves purchased 14,900 shares of Lumber Liquidators stock in a transaction that occurred on Monday, August 19th. The shares were acquired at an average price of $8.32 per share, for a total transaction of $123,968.00. Following the acquisition, the insider now owns 44,631 shares in the company, valued at $371,329.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
LL stock opened at $8.95 on Thursday. The stock has a market capitalization of $231.33 million, a PE ratio of 15.70, a price-to-earnings-growth ratio of 0.66 and a beta of 2.00. Lumber Liquidators Holdings Inc has a 12-month low of $6.59 and a 12-month high of $18.36. 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’s 50 day simple moving average is $9.77 and its 200 day simple moving average is $10.84.
Lumber Liquidators (NYSE:LL) last released its quarterly earnings data on Wednesday, August 7th. The specialty retailer reported $0.07 earnings per share (EPS) for the quarter, missing the 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 posted $0.09 earnings per share. On average, research analysts predict that Lumber Liquidators Holdings Inc will post 0.45 earnings per share for the current year.
Hedge funds have recently added to or reduced their stakes in the stock. Royce & Associates LP lifted its holdings in shares of Lumber Liquidators by 13.6% during the 1st quarter. Royce & Associates LP now owns 703,079 shares of the specialty retailer’s stock valued at $7,101,000 after buying an additional 84,000 shares during the period. Metropolitan Life Insurance Co. NY lifted its holdings in shares of Lumber Liquidators by 385.3% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 9,420 shares of the specialty retailer’s stock valued at $90,000 after buying an additional 7,479 shares during the period. Two Sigma Advisers LP bought a new position in shares of Lumber Liquidators during the 4th quarter valued at $132,000. Geode Capital Management LLC lifted its holdings in shares of Lumber Liquidators by 6.4% during the 4th quarter. Geode Capital Management LLC now owns 282,350 shares of the specialty retailer’s stock valued at $2,687,000 after buying an additional 16,927 shares during the period. Finally, Marshall Wace North America L.P. bought a new position in shares of Lumber Liquidators during the 1st quarter valued at $216,000. 78.82% of the stock is currently owned by institutional investors and hedge funds.
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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