Ned Davis Research upgraded shares of Lumber Liquidators Holdings (NYSE:LL) from a neutral rating to a buy rating in a research note issued to investors on Monday, StockRatingsNetwork.com reports.
A number of other analysts have also recently weighed in on LL. Analysts at Canaccord Genuity raised their price target on shares of Lumber Liquidators Holdings from $120.00 to $134.00 in a research note to investors on Monday, November 4th. They now have a buy rating on the stock. Separately, analysts at SunTrust raised their price target on shares of Lumber Liquidators Holdings from $105.00 to $115.00 in a research note to investors on Thursday, October 24th. They now have a neutral rating on the stock. Finally, analysts at Jefferies Group reiterated a positive rating on shares of Lumber Liquidators Holdings in a research note to investors on Thursday, October 24th. They now have a $131.00 price target on the stock, up previously from $119.00. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of $122.58.
In other Lumber Liquidators Holdings news, Director John Presley unloaded 26,385 shares of Lumber Liquidators Holdings stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $116.57, for a total transaction of $3,075,699.45. Following the completion of the sale, the director now directly owns 22,491 shares of the company’s stock, valued at approximately $2,621,776. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Lumber Liquidators Holdings (NYSE:LL) traded down 2.49% on Monday, hitting $113.5201. 389,503 shares of the company’s stock traded hands. Lumber Liquidators Holdings has a 52 week low of $48.60 and a 52 week high of $119.98. The stock’s 50-day moving average is $111.0 and its 200-day moving average is $96.77. The company has a market cap of $3.132 billion and a price-to-earnings ratio of 46.00.
Lumber Liquidators Holdings (NYSE:LL) last released its earnings data on Wednesday, October 23rd. The company reported $0.73 earnings per share for the quarter, beating the analysts’ 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. On average, analysts predict that Lumber Liquidators Holdings will post $2.75 earnings per share for the current fiscal year.
Lumber Liquidators Holdings, Inc (NYSE:LL) is retailer of hardwood flooring, and hardwood flooring enhancements and accessories.
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