Investment analysts at Moffett Nathanson started coverage on shares of Lumber Liquidators (NYSE:LL) in a report released on Monday. The firm set a “buy” rating on the specialty retailer’s stock.

A number of other equities analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of Lumber Liquidators from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Oppenheimer set a $43.00 target price on shares of Lumber Liquidators and gave the stock a “buy” rating in a research report on Tuesday, October 31st. TheStreet cut shares of Lumber Liquidators from a “c” rating to a “d+” rating in a research report on Thursday, November 2nd. Wedbush set a $39.00 target price on shares of Lumber Liquidators and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Finally, Piper Jaffray Companies restated a “hold” rating and set a $32.00 target price on shares of Lumber Liquidators in a research report on Friday, September 8th. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the company. Lumber Liquidators presently has an average rating of “Hold” and a consensus target price of $30.78.

Shares of Lumber Liquidators (NYSE LL) traded down $0.38 on Monday, reaching $27.97. 953,700 shares of the company’s stock were exchanged, compared to its average volume of 1,136,585. The company has a quick ratio of 0.21, a current ratio of 1.84 and a debt-to-equity ratio of 0.17. Lumber Liquidators has a one year low of $14.99 and a one year high of $41.33.

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Lumber Liquidators by 7.0% in the second quarter. Vanguard Group Inc. now owns 2,504,255 shares of the specialty retailer’s stock valued at $62,756,000 after buying an additional 162,866 shares during the last quarter. State Street Corp raised its position in shares of Lumber Liquidators by 5.1% in the second quarter. State Street Corp now owns 631,095 shares of the specialty retailer’s stock valued at $15,820,000 after buying an additional 30,639 shares during the last quarter. FMR LLC acquired a new position in shares of Lumber Liquidators in the second quarter valued at approximately $10,906,000. PDT Partners LLC raised its position in shares of Lumber Liquidators by 431.1% in the second quarter. PDT Partners LLC now owns 412,000 shares of the specialty retailer’s stock valued at $10,325,000 after buying an additional 334,420 shares during the last quarter. Finally, Columbus Circle Investors raised its position in shares of Lumber Liquidators by 184.8% in the third quarter. Columbus Circle Investors now owns 404,804 shares of the specialty retailer’s stock valued at $15,779,000 after buying an additional 262,673 shares during the last quarter. 79.29% of the stock is owned by institutional investors and hedge funds.

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Lumber Liquidators Company Profile

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 (NYSE:LL)

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