LL Flooring (NYSE:LL) Earns Sell Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of LL Flooring (NYSE:LL) in a report published on Thursday. The firm issued a sell rating on the specialty retailer’s stock.

LL Flooring Stock Performance

Shares of LL Flooring stock opened at $1.66 on Thursday. LL Flooring has a 12 month low of $1.46 and a 12 month high of $5.52. The business has a 50-day moving average of $1.79 and a 200 day moving average of $2.64. The stock has a market capitalization of $50.91 million, a price-to-earnings ratio of -0.46 and a beta of 1.85. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.54 and a quick ratio of 0.12.

LL Flooring (NYSE:LL) last posted its quarterly earnings results on Friday, March 1st. The specialty retailer reported ($0.64) EPS for the quarter. LL Flooring had a negative return on equity of 44.10% and a negative net margin of 11.44%. The firm had revenue of $211.78 million for the quarter.

Hedge Funds Weigh In On LL Flooring

A number of large investors have recently bought and sold shares of the company. Values First Advisors Inc. grew its holdings in shares of LL Flooring by 27.2% in the 4th quarter. Values First Advisors Inc. now owns 154,754 shares of the specialty retailer’s stock worth $604,000 after acquiring an additional 33,117 shares during the period. Innovis Asset Management LLC acquired a new stake in shares of LL Flooring during the third quarter valued at $87,000. Gladius Capital Management LP purchased a new stake in LL Flooring during the 3rd quarter worth about $29,000. Sierra Summit Advisors LLC acquired a new position in shares of LL Flooring in the fourth quarter valued at approximately $266,000. Finally, Jump Financial LLC boosted its holdings in shares of LL Flooring by 36.0% during the fourth quarter. Jump Financial LLC now owns 27,315 shares of the specialty retailer’s stock worth $107,000 after purchasing an additional 7,228 shares during the last quarter. Hedge funds and other institutional investors own 54.33% of the company’s stock.

About LL Flooring

LL Flooring Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard and soft surface flooring, and hard and soft surface flooring enhancements and accessories. The company offers hard and soft surface flooring including, waterproof hybrid resilient, waterproof vinyl plank, solid and engineered hardwood, laminate, bamboo, tile, and cork products; and flooring enhancements and accessories, including moldings, underlayment, adhesives, and tools, as well as Duravana, a hybrid resilient flooring under the Bellawood, Coreluxe, ReNature by Coreluxe, and Duravana brand names.