Equities analysts expect Lumber Liquidators Holdings Inc (NYSE:LL) to report earnings per share (EPS) of $0.15 for the current fiscal quarter, Zacks reports. 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 would indicate a negative year-over-year growth rate of 11.8%. The business is scheduled to announce its next quarterly earnings report 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 fiscal year, analysts forecast that the company will post earnings of $0.45 per share, with EPS estimates ranging from $0.31 to $0.68. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Lumber Liquidators.
Lumber Liquidators (NYSE:LL) last posted its quarterly earnings data on Wednesday, November 6th. The specialty retailer reported $0.08 EPS for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.12). The company had revenue of $263.96 million for the quarter, compared to the consensus estimate of $276.01 million. Lumber Liquidators had a positive return on equity of 2.90% and a negative net margin of 5.85%. Lumber Liquidators’s revenue was down 2.4% on a year-over-year basis. During the same quarter last year, the business earned $0.27 EPS.
A number of research analysts recently commented on LL shares. ValuEngine raised Lumber Liquidators from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Zacks Investment Research raised shares of Lumber Liquidators from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 14th. Raymond James raised their target price 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. Finally, Evercore ISI reissued a “hold” rating on shares of Lumber Liquidators in a report on Wednesday, August 7th. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $11.14.
Shares of LL traded up $0.19 during trading hours on Friday, hitting $8.64. 31,964 shares of the company were exchanged, compared to its average volume of 1,029,864. The company has a quick ratio of 0.19, a current ratio of 1.48 and a debt-to-equity ratio of 1.24. Lumber Liquidators has a fifty-two week low of $6.59 and a fifty-two week high of $14.44. The company has a market cap of $255.80 million, a price-to-earnings ratio of 15.14, a P/E/G ratio of 1.08 and a beta of 1.91. The firm’s fifty day moving average is $9.16 and its 200 day moving average is $9.81.
Several hedge funds have recently modified their holdings of the business. D. E. Shaw & Co. Inc. purchased a new stake in Lumber Liquidators during the 2nd quarter worth about $1,954,000. Nuveen Asset Management LLC acquired a new position in shares of Lumber Liquidators in the 2nd quarter valued at $1,931,000. Marshall Wace LLP bought a new position in shares of Lumber Liquidators in the 2nd quarter worth $1,910,000. Rice Hall James & Associates LLC bought a new position in shares of Lumber Liquidators in the 2nd quarter worth $1,484,000. Finally, Landscape Capital Management L.L.C. grew its stake in shares of Lumber Liquidators by 87.6% during the second quarter. Landscape Capital Management L.L.C. now owns 242,016 shares of the specialty retailer’s stock worth $2,795,000 after purchasing an additional 113,005 shares during the period. 74.81% of the stock is currently owned by hedge funds and other 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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