Equities research analysts expect that Lumber Liquidators Holdings Inc (NYSE:LL) will report sales of $276.62 million for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Lumber Liquidators’ earnings. The highest sales estimate is $279.20 million and the lowest is $274.90 million. Lumber Liquidators reported sales of $270.47 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 2.3%. The firm is scheduled to issue its next earnings report on Tuesday, October 29th.

On average, analysts expect that Lumber Liquidators will report full year sales of $1.11 billion for the current fiscal year, with estimates ranging from $1.11 billion to $1.12 billion. For the next fiscal year, analysts anticipate that the business will report sales of $1.16 billion, with estimates ranging from $1.15 billion to $1.17 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that that provide coverage for Lumber Liquidators.

Lumber Liquidators (NYSE:LL) last released its quarterly earnings data on Wednesday, August 7th. The specialty retailer reported $0.07 EPS for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.01). Lumber Liquidators had a negative net margin of 5.37% and a positive return on equity of 6.17%. The firm had revenue of $288.57 million during the quarter, compared to the consensus estimate of $291.81 million. During the same quarter in the prior year, the company earned $0.09 EPS. Lumber Liquidators’s quarterly revenue was up 1.8% on a year-over-year basis.

A number of research firms recently commented on LL. ValuEngine cut shares of Lumber Liquidators from a “sell” rating to a “strong sell” rating in a research report on Monday, July 29th. Zacks Investment Research cut shares of Lumber Liquidators from a “hold” rating to a “sell” rating in a research report on Tuesday, August 6th. Raymond James upgraded shares of Lumber Liquidators from a “market perform” rating to an “outperform” rating and set a $16.00 price objective for the company in a research report on Wednesday, May 1st. Finally, Evercore ISI restated a “hold” rating on shares of Lumber Liquidators in a research report on Wednesday, August 7th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $12.00.

Shares of LL traded down $0.21 during trading hours on Friday, reaching $8.13. The stock had a trading volume of 1,664,200 shares, compared to its average volume of 1,270,124. The company has a current ratio of 1.47, a quick ratio of 0.22 and a debt-to-equity ratio of 1.27. Lumber Liquidators has a 52 week low of $6.59 and a 52 week high of $18.36. The company’s 50-day moving average is $10.21. The company has a market cap of $237.65 million, a P/E ratio of 14.26, a P/E/G ratio of 0.66 and a beta of 2.00.

In other news, insider Charles E. Tyson bought 4,000 shares of the stock in a transaction on Thursday, May 30th. The stock was purchased at an average price of $9.90 per share, for a total transaction of $39,600.00. Following the acquisition, the insider now owns 15,644 shares in the company, valued at $154,875.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Dennis R. Knowles bought 14,000 shares of the stock in a transaction on Thursday, August 8th. The shares were purchased at an average price of $8.04 per share, with a total value of $112,560.00. Following the acquisition, the chief executive officer now owns 102,241 shares in the company, valued at approximately $822,017.64. The disclosure for this purchase can be found here. 2.10% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the company. BNP Paribas Arbitrage SA grew its holdings in shares of Lumber Liquidators by 467.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 6,594 shares of the specialty retailer’s stock valued at $67,000 after acquiring an additional 5,431 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of Lumber Liquidators in the 2nd quarter valued at about $82,000. Municipal Employees Retirement System of Michigan bought a new position in shares of Lumber Liquidators in the 4th quarter valued at about $77,000. Metropolitan Life Insurance Co. NY grew its holdings in shares of Lumber Liquidators by 385.3% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 9,420 shares of the specialty retailer’s stock valued at $90,000 after acquiring an additional 7,479 shares in the last quarter. Finally, Aperio Group LLC bought a new position in shares of Lumber Liquidators in the 2nd quarter valued at about $123,000. Institutional investors own 79.76% of the company’s stock.

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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