Analysts expect Lumber Liquidators Holdings Inc (NYSE:LL) to post $274.89 million in sales for the current quarter, Zacks reports. Six analysts have issued estimates for Lumber Liquidators’ earnings. The highest sales estimate is $279.70 million and the lowest is $266.90 million. Lumber Liquidators reported sales of $259.86 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 5.8%. The firm is expected to issue its next earnings results on Tuesday, February 26th.

On average, analysts expect that Lumber Liquidators will report full year sales of $1.09 billion for the current financial year, with estimates ranging from $1.08 billion to $1.10 billion. For the next financial year, analysts forecast that the company will report sales of $1.16 billion, with estimates ranging from $1.15 billion to $1.17 billion. Zacks’ sales averages are a mean average based on a survey of analysts that that provide coverage for Lumber Liquidators.

Lumber Liquidators (NYSE:LL) last posted its quarterly earnings data on Tuesday, October 30th. The specialty retailer reported $0.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.09. The firm had revenue of $270.47 million during the quarter, compared to analysts’ expectations of $281.82 million. Lumber Liquidators had a return on equity of 6.14% and a net margin of 0.51%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.12 EPS.

A number of analysts have recently weighed in on LL shares. Loop Capital set a $24.00 price objective on Lumber Liquidators and gave the stock a “buy” rating in a research report on Tuesday, October 30th. Morgan Stanley lowered their price objective on Lumber Liquidators from $21.00 to $16.00 and set an “equal weight” rating for the company in a research report on Thursday, October 11th. SunTrust Banks lowered their price objective on Lumber Liquidators to $13.00 and set a “hold” rating for the company in a research report on Thursday, November 1st. Zacks Investment Research raised Lumber Liquidators from a “sell” rating to a “hold” rating in a research report on Thursday, November 1st. Finally, Credit Suisse Group lowered their price objective on Lumber Liquidators from $17.00 to $13.00 and set a “hold” rating for the company in a research report on Wednesday, October 31st. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $17.40.

Shares of Lumber Liquidators stock traded down $1.08 during trading on Friday, reaching $11.18. The company’s stock had a trading volume of 1,767,220 shares, compared to its average volume of 1,033,618. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.89 and a quick ratio of 0.18. The stock has a market capitalization of $361.47 million, a price-to-earnings ratio of -8.41, a PEG ratio of 0.98 and a beta of 1.57. Lumber Liquidators has a 1-year low of $9.95 and a 1-year high of $32.63.

Institutional investors and hedge funds have recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. acquired a new stake in Lumber Liquidators during the 2nd quarter worth about $206,000. Bank of New York Mellon Corp lifted its holdings in shares of Lumber Liquidators by 12.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 349,119 shares of the specialty retailer’s stock valued at $8,501,000 after buying an additional 37,437 shares during the period. Bank of America Corp DE lifted its holdings in shares of Lumber Liquidators by 239.5% in the 2nd quarter. Bank of America Corp DE now owns 59,958 shares of the specialty retailer’s stock valued at $1,460,000 after buying an additional 42,297 shares during the period. Pinebridge Investments L.P. acquired a new position in shares of Lumber Liquidators in the 2nd quarter valued at about $177,000. Finally, NumerixS Investment Technologies Inc lifted its holdings in shares of Lumber Liquidators by 530.0% in the 2nd quarter. NumerixS Investment Technologies Inc now owns 6,300 shares of the specialty retailer’s stock valued at $156,000 after buying an additional 5,300 shares during the period. 77.22% of the stock is owned by institutional investors.

Lumber Liquidators Company Profile

Lumber Liquidators Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The company offers hardwood species, engineered hardwood, laminates, resilient vinyl flooring, and wood-look ceramic; 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 and Morning Star Bamboo brands.

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Earnings History and Estimates for Lumber Liquidators (NYSE:LL)

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