SunTrust Banks reiterated their hold rating on shares of Lumber Liquidators (NYSE:LL) in a report released on Monday. The firm currently has a $10.00 price objective on the specialty retailer’s stock. SunTrust Banks also issued estimates for Lumber Liquidators’ FY2018 earnings at $0.56 EPS, Q1 2019 earnings at ($0.13) EPS, Q2 2019 earnings at ($0.09) EPS, Q3 2019 earnings at $0.12 EPS, Q4 2019 earnings at $0.23 EPS, FY2019 earnings at $0.13 EPS and FY2020 earnings at $0.39 EPS.

A number of other equities analysts have also recently issued reports on the company. ValuEngine cut Lumber Liquidators from a hold rating to a sell rating in a report on Monday, December 31st. Morgan Stanley lowered their target price on Lumber Liquidators from $21.00 to $16.00 and set an equal weight rating for the company in a report on Thursday, October 11th. CIBC reiterated a market perform rating on shares of Lumber Liquidators in a report on Tuesday, October 30th. Citigroup started coverage on Lumber Liquidators in a report on Wednesday, October 10th. They set a neutral rating and a $15.00 target price for the company. Finally, UBS Group cut Lumber Liquidators from an outperform rating to a market perform rating in a report on Tuesday, October 30th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of $14.70.

LL stock traded up $0.08 during trading hours on Monday, reaching $10.83. 15,061 shares of the stock were exchanged, compared to its average volume of 1,018,500. The stock has a market cap of $312.25 million, a PE ratio of -8.14, a price-to-earnings-growth ratio of 0.89 and a beta of 1.68. The company has a current ratio of 1.89, a quick ratio of 0.18 and a debt-to-equity ratio of 0.21. Lumber Liquidators has a 12 month low of $9.13 and a 12 month high of $31.95.

Lumber Liquidators (NYSE:LL) last released its earnings results on Tuesday, October 30th. The specialty retailer reported $0.27 earnings per share (EPS) 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 company’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.12 EPS. On average, analysts forecast that Lumber Liquidators will post 0.55 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Marshall Wace LLP acquired a new stake in Lumber Liquidators in the 3rd quarter valued at about $12,361,000. Morgan Stanley lifted its stake in Lumber Liquidators by 75.7% in the 3rd quarter. Morgan Stanley now owns 256,357 shares of the specialty retailer’s stock valued at $3,972,000 after purchasing an additional 110,434 shares during the last quarter. Legal & General Group Plc lifted its stake in Lumber Liquidators by 8.7% in the 3rd quarter. Legal & General Group Plc now owns 65,521 shares of the specialty retailer’s stock valued at $1,020,000 after purchasing an additional 5,236 shares during the last quarter. Teachers Advisors LLC lifted its stake in Lumber Liquidators by 9.9% in the 3rd quarter. Teachers Advisors LLC now owns 445,590 shares of the specialty retailer’s stock valued at $6,902,000 after purchasing an additional 40,121 shares during the last quarter. Finally, Summit Global Investments lifted its stake in Lumber Liquidators by 21.6% in the 3rd quarter. Summit Global Investments now owns 33,800 shares of the specialty retailer’s stock valued at $524,000 after purchasing an additional 6,000 shares during the last quarter. Institutional investors own 77.19% of the company’s stock.

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.

Read More: Diversification in Investing

Analyst Recommendations for Lumber Liquidators (NYSE:LL)

Receive News & Ratings for Lumber Liquidators Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lumber Liquidators and related companies with MarketBeat.com's FREE daily email newsletter.