Equities research analysts expect that Lumber Liquidators Holdings Inc (NYSE:LL) will announce earnings of $0.09 per share for the current quarter, according to Zacks Investment Research. Six analysts have issued estimates for Lumber Liquidators’ earnings, with the highest EPS estimate coming in at $0.16 and the lowest estimate coming in at $0.03. Lumber Liquidators posted earnings per share of ($0.20) during the same quarter last year, which suggests a positive year-over-year growth rate of 145%. The business is expected to announce its next quarterly earnings results before the market opens on Tuesday, February 27th.

According to Zacks, analysts expect that Lumber Liquidators will report full-year earnings of ($1.33) per share for the current year, with EPS estimates ranging from ($1.38) to ($1.27). For the next year, analysts forecast that the company will report earnings of $0.83 per share, with EPS estimates ranging from $0.47 to $1.12. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that cover Lumber Liquidators.

Several research firms recently commented on LL. Wedbush downgraded shares of Lumber Liquidators from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $39.00 to $28.00 in a report on Monday. Piper Jaffray Companies set a $32.00 price objective on shares of Lumber Liquidators and gave the stock a “hold” rating in a report on Wednesday, October 25th. Zacks Investment Research raised shares of Lumber Liquidators from a “hold” rating to a “buy” rating and set a $34.00 price objective for the company in a report on Wednesday, November 1st. Stifel Nicolaus reaffirmed a “hold” rating and issued a $33.00 price objective on shares of Lumber Liquidators in a report on Wednesday, November 1st. Finally, Oppenheimer reaffirmed a “buy” rating on shares of Lumber Liquidators in a report on Wednesday, October 25th. Eight research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Lumber Liquidators currently has a consensus rating of “Hold” and a consensus target price of $29.67.

Large investors have recently made changes to their positions in the business. Fox Run Management L.L.C. bought a new position in Lumber Liquidators in the 4th quarter valued at $499,000. State Board of Administration of Florida Retirement System boosted its holdings in Lumber Liquidators by 18.4% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 25,220 shares of the specialty retailer’s stock valued at $983,000 after purchasing an additional 3,926 shares during the period. Bank of New York Mellon Corp boosted its holdings in Lumber Liquidators by 1.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 338,853 shares of the specialty retailer’s stock valued at $13,208,000 after purchasing an additional 5,624 shares during the period. Ameriprise Financial Inc. boosted its holdings in Lumber Liquidators by 6.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 204,938 shares of the specialty retailer’s stock valued at $7,987,000 after purchasing an additional 12,552 shares during the period. Finally, Creative Planning boosted its holdings in Lumber Liquidators by 53.8% in the 4th quarter. Creative Planning now owns 18,505 shares of the specialty retailer’s stock valued at $581,000 after purchasing an additional 6,474 shares during the period. 78.37% of the stock is owned by hedge funds and other institutional investors.

Lumber Liquidators (NYSE LL) opened at $24.49 on Tuesday. The company has a market cap of $765.11, a P/E ratio of -15.02, a P/E/G ratio of 1.18 and a beta of 1.82. Lumber Liquidators has a fifty-two week low of $15.25 and a fifty-two week high of $41.33. The company has a quick ratio of 0.21, a current ratio of 1.84 and a debt-to-equity ratio of 0.17.

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About Lumber Liquidators

Lumber Liquidators Holdings, Inc is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. Its product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork, Vinyl Plank and Other, Moldings and Accessories, and Non-Merchandise Services.

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

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