Lumber Liquidators Holdings, Inc (LL) Expected to Post Earnings of $0.09 Per Share

Equities research analysts expect Lumber Liquidators Holdings, Inc (NYSE:LL) to report $0.09 earnings per share for the current quarter, according to Zacks. Six analysts have made estimates for Lumber Liquidators Holdings’ earnings, with the highest EPS estimate coming in at $0.16 and the lowest estimate coming in at $0.03. Lumber Liquidators Holdings reported earnings per share of ($0.20) during the same quarter last year, which suggests a positive year over year growth rate of 145%. The business is scheduled to issue its next quarterly earnings results on Tuesday, February 20th.

According to Zacks, analysts expect that Lumber Liquidators Holdings will report full year earnings of ($1.19) per share for the current financial year, with EPS estimates ranging from ($1.39) to ($0.65). For the next year, analysts expect that the company will post earnings of $0.77 per share, with EPS estimates ranging from $0.47 to $1.31. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for Lumber Liquidators Holdings.

LL has been the topic of several recent research reports. Piper Jaffray Companies set a $32.00 price target on shares of Lumber Liquidators Holdings and gave the company a “hold” rating in a report on Wednesday, October 25th. Wedbush upped their price target on shares of Lumber Liquidators Holdings from $35.00 to $39.00 and gave the company an “outperform” rating in a report on Wednesday, October 11th. Morgan Stanley upped their price target on shares of Lumber Liquidators Holdings from $32.00 to $35.00 and gave the company an “equal weight” rating in a report on Monday, October 2nd. TheStreet downgraded shares of Lumber Liquidators Holdings from a “c” rating to a “d+” rating in a report on Thursday, November 2nd. Finally, Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and issued a $43.00 price target on shares of Lumber Liquidators Holdings in a report on Wednesday, October 4th. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $30.78.

Several institutional investors and hedge funds have recently made changes to their positions in LL. FMR LLC purchased a new position in shares of Lumber Liquidators Holdings during the second quarter valued at approximately $10,906,000. PDT Partners LLC lifted its stake in shares of Lumber Liquidators Holdings by 431.1% during the second quarter. PDT Partners LLC now owns 412,000 shares of the specialty retailer’s stock valued at $10,325,000 after buying an additional 334,420 shares during the period. Renaissance Technologies LLC purchased a new position in shares of Lumber Liquidators Holdings during the first quarter valued at approximately $6,339,000. Columbus Circle Investors lifted its stake in shares of Lumber Liquidators Holdings by 184.8% during the third quarter. Columbus Circle Investors now owns 404,804 shares of the specialty retailer’s stock valued at $15,779,000 after buying an additional 262,673 shares during the period. Finally, Quantitative Investment Management LLC raised its stake in Lumber Liquidators Holdings by 342.3% during the second quarter. Quantitative Investment Management LLC now owns 311,400 shares of the specialty retailer’s stock worth $7,803,000 after purchasing an additional 241,000 shares during the period. 73.85% of the stock is currently owned by institutional investors and hedge funds.

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Shares of Lumber Liquidators Holdings (NYSE:LL) opened at $29.06 on Friday. Lumber Liquidators Holdings has a fifty-two week low of $14.99 and a fifty-two week high of $41.33. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.21 and a current ratio of 1.84.

Lumber Liquidators Holdings Company Profile

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.

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

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