Lumber Liquidators Holdings Inc (LL) Expected to Post Earnings of $0.09 Per Share
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.
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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