Wall Street analysts expect that Lumber Liquidators Holdings Inc (NYSE:LL) will report earnings per share (EPS) of $0.15 for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Lumber Liquidators’ earnings, with the lowest EPS estimate coming in at $0.11 and the highest estimate coming in at $0.19. Lumber Liquidators reported earnings per share of $0.17 in the same quarter last year, which suggests a negative year-over-year growth rate of 11.8%. The company is scheduled to announce its next earnings results on Monday, March 16th.
According to Zacks, analysts expect that Lumber Liquidators will report full year earnings of $0.28 per share for the current financial year, with EPS estimates ranging from $0.15 to $0.54. For the next financial year, analysts expect that the business will report earnings of $0.45 per share, with EPS estimates ranging from $0.31 to $0.68. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that cover Lumber Liquidators.
Lumber Liquidators (NYSE:LL) last posted its earnings results on Wednesday, November 6th. The specialty retailer reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.12). Lumber Liquidators had a negative net margin of 5.85% and a positive return on equity of 2.90%. The company had revenue of $263.96 million for the quarter, compared to analysts’ expectations of $276.01 million. During the same period in the previous year, the firm earned $0.27 EPS. The firm’s quarterly revenue was down 2.4% compared to the same quarter last year.
Several brokerages recently commented on LL. Zacks Investment Research raised shares of Lumber Liquidators from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 14th. Evercore ISI reiterated a “hold” rating on shares of Lumber Liquidators in a research note on Wednesday, August 7th. ValuEngine upgraded shares of Lumber Liquidators from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Raymond James raised their price target on shares of Lumber Liquidators from $10.00 to $14.00 and gave the company an “outperform” rating in a report on Friday, September 13th. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $11.14.
Shares of LL stock traded up $0.19 during trading hours on Friday, reaching $8.64. The stock had a trading volume of 31,964 shares, compared to its average volume of 1,029,864. The stock’s fifty day simple moving average is $9.16 and its 200 day simple moving average is $9.81. The company has a current ratio of 1.48, a quick ratio of 0.19 and a debt-to-equity ratio of 1.24. Lumber Liquidators has a 12 month low of $6.59 and a 12 month high of $14.44. The firm has a market capitalization of $255.80 million, a PE ratio of 15.14, a PEG ratio of 1.08 and a beta of 1.91.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Crossmark Global Holdings Inc. increased its position in shares of Lumber Liquidators by 5.1% in the second quarter. Crossmark Global Holdings Inc. now owns 20,860 shares of the specialty retailer’s stock worth $241,000 after purchasing an additional 1,010 shares during the last quarter. AE Wealth Management LLC bought a new stake in Lumber Liquidators during the second quarter valued at approximately $481,000. Creative Planning bought a new stake in Lumber Liquidators during the second quarter valued at approximately $133,000. KBC Group NV lifted its position in Lumber Liquidators by 9.8% during the second quarter. KBC Group NV now owns 50,613 shares of the specialty retailer’s stock valued at $585,000 after purchasing an additional 4,535 shares during the last quarter. Finally, Aperio Group LLC purchased a new position in Lumber Liquidators in the 2nd quarter worth approximately $123,000. 74.81% of the stock is owned by institutional investors.
About Lumber Liquidators
Lumber Liquidators Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard-surface flooring, and hard-surface flooring enhancements and accessories. The company offers hardwood species, engineered hardwood, laminates, resilient vinyl flooring, waterproof vinyl plank, and porcelain tile; 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 brand.
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