BidaskClub downgraded shares of Lumber Liquidators Holdings, Inc (NYSE:LL) from a hold rating to a sell rating in a research report report published on Wednesday.

A number of other equities research analysts also recently weighed in on the stock. CIBC upgraded shares of Lumber Liquidators Holdings from a market perform rating to an outperform rating in a research note on Friday, May 19th. Jefferies Group LLC lifted their price target on shares of Lumber Liquidators Holdings from $17.00 to $19.00 and gave the stock a hold rating in a research note on Wednesday, May 3rd. ValuEngine upgraded shares of Lumber Liquidators Holdings from a sell rating to a hold rating in a research note on Friday, June 2nd. Wedbush reiterated a neutral rating and set a $18.00 price target on shares of Lumber Liquidators Holdings in a research note on Tuesday, April 25th. Finally, Stifel Nicolaus reiterated a hold rating on shares of Lumber Liquidators Holdings in a research note on Tuesday, May 2nd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of $19.38.

Shares of Lumber Liquidators Holdings (NYSE LL) traded up 0.61% during mid-day trading on Wednesday, hitting $24.78. 452,916 shares of the company’s stock were exchanged. The company’s market capitalization is $703.36 million. Lumber Liquidators Holdings has a 52 week low of $14.02 and a 52 week high of $30.65. The firm has a 50 day moving average price of $26.98 and a 200-day moving average price of $20.60.

Lumber Liquidators Holdings (NYSE:LL) last posted its quarterly earnings results on Tuesday, May 2nd. The specialty retailer reported ($0.21) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.19) by $0.02. Lumber Liquidators Holdings had a negative return on equity of 18.93% and a negative net margin of 6.41%. The business had revenue of $248.40 million for the quarter, compared to analyst estimates of $247.22 million. During the same quarter in the prior year, the firm earned ($1.20) EPS. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. On average, equities analysts anticipate that Lumber Liquidators Holdings will post ($1.08) EPS for the current year.

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Several large investors have recently modified their holdings of the stock. Ladenburg Thalmann Financial Services Inc. boosted its position in Lumber Liquidators Holdings by 48.5% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,269 shares of the specialty retailer’s stock worth $130,000 after buying an additional 2,700 shares in the last quarter. Mason Street Advisors LLC boosted its position in Lumber Liquidators Holdings by 11.0% in the first quarter. Mason Street Advisors LLC now owns 6,606 shares of the specialty retailer’s stock worth $139,000 after buying an additional 652 shares in the last quarter. State of Alaska Department of Revenue boosted its position in Lumber Liquidators Holdings by 79.7% in the second quarter. State of Alaska Department of Revenue now owns 5,608 shares of the specialty retailer’s stock worth $140,000 after buying an additional 2,488 shares in the last quarter. First Republic Investment Management Inc. acquired a new position in Lumber Liquidators Holdings during the fourth quarter worth about $160,000. Finally, BNP Paribas Arbitrage SA boosted its position in Lumber Liquidators Holdings by 27.8% in the first quarter. BNP Paribas Arbitrage SA now owns 7,697 shares of the specialty retailer’s stock worth $162,000 after buying an additional 1,676 shares in the last quarter. Institutional investors own 74.94% of the company’s stock.

About Lumber Liquidators Holdings

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.

Analyst Recommendations for Lumber Liquidators Holdings (NYSE:LL)

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