Lumber Liquidators Holdings, Inc (NYSE:LL) – Stock analysts at SunTrust Banks cut their Q3 2017 earnings per share (EPS) estimates for shares of Lumber Liquidators Holdings in a research report issued to clients and investors on Monday. SunTrust Banks analyst K. Hughes now forecasts that the specialty retailer will earn $0.02 per share for the quarter, down from their previous forecast of $0.07.

A number of other research analysts have also recently commented on the company. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and set a $43.00 price target on shares of Lumber Liquidators Holdings in a research report on Wednesday. Morgan Stanley upped their price target on Lumber Liquidators Holdings from $32.00 to $35.00 and gave the company an “equal weight” rating in a research report on Monday. Piper Jaffray Companies reaffirmed a “hold” rating and set a $32.00 price target on shares of Lumber Liquidators Holdings in a research report on Friday, September 8th. BidaskClub raised Lumber Liquidators Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Finally, Wedbush reaffirmed an “outperform” rating and set a $35.00 price target (up previously from $27.00) on shares of Lumber Liquidators Holdings in a research report on Tuesday, August 8th. Eight equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $29.44.

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Lumber Liquidators Holdings (NYSE LL) opened at 36.80 on Wednesday. The firm’s 50-day moving average price is $37.55 and its 200 day moving average price is $28.69. The company’s market cap is $1.05 billion. Lumber Liquidators Holdings has a 52-week low of $14.02 and a 52-week high of $41.33.

Lumber Liquidators Holdings (NYSE:LL) last posted its quarterly earnings data on Tuesday, August 1st. The specialty retailer reported $0.16 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.24. The firm had revenue of $263.50 million for the quarter, compared to analysts’ expectations of $256.89 million. Lumber Liquidators Holdings had a negative return on equity of 11.75% and a negative net margin of 4.58%. The company’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same quarter last year, the business earned ($0.45) EPS.

Large investors have recently added to or reduced their stakes in the stock. Captrust Financial Advisors bought a new stake in shares of Lumber Liquidators Holdings during the 2nd quarter valued at $118,000. Mason Street Advisors LLC raised its stake in shares of Lumber Liquidators Holdings by 11.0% during the 1st quarter. Mason Street Advisors LLC now owns 6,606 shares of the specialty retailer’s stock valued at $139,000 after purchasing an additional 652 shares during the period. State of Alaska Department of Revenue raised its stake in shares of Lumber Liquidators Holdings by 79.7% during the 2nd quarter. State of Alaska Department of Revenue now owns 5,608 shares of the specialty retailer’s stock valued at $140,000 after purchasing an additional 2,488 shares during the period. BNP Paribas Arbitrage SA raised its stake in shares of Lumber Liquidators Holdings by 27.8% during the 1st quarter. BNP Paribas Arbitrage SA now owns 7,697 shares of the specialty retailer’s stock valued at $162,000 after purchasing an additional 1,676 shares during the period. Finally, Municipal Employees Retirement System of Michigan raised its stake in shares of Lumber Liquidators Holdings by 6.7% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,670 shares of the specialty retailer’s stock valued at $167,000 after purchasing an additional 420 shares during the period. Institutional investors own 77.32% 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.

Earnings History and Estimates for Lumber Liquidators Holdings (NYSE:LL)

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