Lumber Liquidators Holdings Inc (NYSE:LL)’s share price was down 5.7% during trading on Thursday . The stock traded as low as $15.68 and last traded at $15.74. Approximately 1,730,000 shares were traded during trading, an increase of 68% from the average daily volume of 1,032,543 shares. The stock had previously closed at $16.70.

Several equities analysts have recently commented on LL shares. Zacks Investment Research raised shares of Lumber Liquidators from a “strong sell” rating to a “hold” rating in a research note on Saturday, August 4th. TheStreet upgraded shares of Lumber Liquidators from a “d+” rating to a “c-” rating in a research report on Tuesday, July 3rd. Morgan Stanley reduced their price target on shares of Lumber Liquidators from $23.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 1st. Longbow Research initiated coverage on shares of Lumber Liquidators in a research report on Friday, August 24th. They set a “neutral” rating on the stock. Finally, Credit Suisse Group reduced their price target on shares of Lumber Liquidators from $20.00 to $17.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 1st. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $24.00.

The company has a current ratio of 1.73, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18. The stock has a market cap of $484.86 million, a PE ratio of -12.26, a PEG ratio of 1.28 and a beta of 1.39.

Lumber Liquidators (NYSE:LL) last announced its quarterly earnings results on Tuesday, July 31st. The specialty retailer reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.28). The company had revenue of $283.50 million for the quarter, compared to analysts’ expectations of $281.26 million. Lumber Liquidators had a negative net margin of 1.82% and a positive return on equity of 3.24%. Lumber Liquidators’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.16 EPS. analysts expect that Lumber Liquidators Holdings Inc will post 0.48 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Macquarie Group Ltd. purchased a new stake in Lumber Liquidators in the second quarter worth about $127,000. First Mercantile Trust Co. purchased a new stake in shares of Lumber Liquidators during the second quarter valued at approximately $127,000. NumerixS Investment Technologies Inc grew its holdings in shares of Lumber Liquidators by 530.0% during the second quarter. NumerixS Investment Technologies Inc now owns 6,300 shares of the specialty retailer’s stock valued at $156,000 after buying an additional 5,300 shares during the last quarter. Piedmont Investment Advisors LLC purchased a new stake in shares of Lumber Liquidators during the second quarter valued at approximately $162,000. Finally, Pinebridge Investments L.P. purchased a new stake in shares of Lumber Liquidators during the second quarter valued at approximately $177,000. Institutional investors and hedge funds own 79.63% of the company’s stock.

About Lumber Liquidators (NYSE:LL)

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.

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