Zacks lowered shares of Lumber Liquidators Holdings (NYSE:LL) from an outperform rating to a neutral rating in a research report released on Monday morning, AnalystRatingsNetwork.com reports. Zacks currently has $115.50 price objective on the stock.
Zacks has also modified their ratings on a number of other consumer discretionary stocks in the few days. The firm downgraded shares of Select Comfort Corp. from a neutral rating to an underperform rating. Their analysts now have a $17.70 price target on that stock. Also, Zacks reiterated its neutral rating on shares of O’Reilly Automotive Inc.. They have a $141.00 price target on that stock. Finally, Zacks downgraded shares of Zumiez Inc. from a neutral rating to an underperform rating. Their analysts now have a $26.00 price target on that stock.
Lumber Liquidators Holdings (NYSE:LL) traded up 5.15% on Monday, hitting $114.42. The stock had a trading volume of 1,483,194 shares. Lumber Liquidators Holdings has a one year low of $46.26 and a one year high of $110.45. The stock has a 50-day moving average of $98.55 and a 200-day moving average of $82.6. The company has a market cap of $3.147 billion and a price-to-earnings ratio of 48.09.
Lumber Liquidators Holdings (NYSE:LL) last announced its earnings results on Wednesday, October 23rd. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.06. The company had revenue of $254.30 million for the quarter, compared to the consensus estimate of $241.81 million. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s revenue for the quarter was up 24.5% on a year-over-year basis. Analysts expect that Lumber Liquidators Holdings will post $2.69 EPS for the current fiscal year.
LL has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a sell rating on shares of Lumber Liquidators Holdings in a research note to investors on Monday, September 30th. Separately, analysts at Piper Jaffray Cos. set a $135.00 price target on shares of Lumber Liquidators Holdings in a research note to investors on Thursday, September 26th. They now have an overweight rating on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. Lumber Liquidators Holdings currently has an average rating of Hold and an average price target of $105.70.
Lumber Liquidators Holdings, Inc (NYSE:LL) is retailer of hardwood flooring, and hardwood flooring enhancements and accessories.
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