Zacks: Analysts Expect Lumber Liquidators Holdings Inc (NYSE:LL) to Post $0.08 EPS

Equities research analysts expect Lumber Liquidators Holdings Inc (NYSE:LL) to post earnings of $0.08 per share for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for Lumber Liquidators’ earnings, with estimates ranging from $0.02 to $0.11. Lumber Liquidators reported earnings per share of $0.12 in the same quarter last year, which would suggest a negative year-over-year growth rate of 33.3%. The firm is scheduled to issue its next earnings results before the market opens on Wednesday, August 7th.

According to Zacks, analysts expect that Lumber Liquidators will report full year earnings of $0.45 per share for the current financial year, with EPS estimates ranging from $0.15 to $0.54. For the next year, analysts expect that the business will report earnings of $0.64 per share, with EPS estimates ranging from $0.42 to $0.95. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow Lumber Liquidators.

Lumber Liquidators (NYSE:LL) last issued its earnings results on Tuesday, April 30th. The specialty retailer reported ($0.17) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.14) by ($0.03). The business had revenue of $266.20 million during the quarter, compared to the consensus estimate of $268.08 million. Lumber Liquidators had a positive return on equity of 6.36% and a negative net margin of 5.26%. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.07) earnings per share.

A number of equities research analysts have weighed in on the company. Raymond James reiterated an “average” rating and issued a $16.00 target price on shares of Aeroflex in a report on Wednesday, May 1st. ValuEngine upgraded Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a report on Monday, April 1st. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $13.55.

LL stock traded down $0.42 during mid-day trading on Monday, reaching $10.22. The company’s stock had a trading volume of 1,827,180 shares, compared to its average volume of 895,608. The company has a market capitalization of $293.11 million, a P/E ratio of 17.93, a price-to-earnings-growth ratio of 0.86 and a beta of 2.09. The business’s 50 day moving average price is $11.06. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.22 and a current ratio of 1.35. Lumber Liquidators has a 12 month low of $8.81 and a 12 month high of $26.26.

In other news, insider Charles E. Tyson acquired 4,000 shares of the firm’s stock in a transaction dated Thursday, May 30th. The stock was purchased at an average price of $9.90 per share, for a total transaction of $39,600.00. Following the completion of the acquisition, the insider now directly owns 15,644 shares in the company, valued at approximately $154,875.60. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 2.10% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LL. Deutsche Bank AG increased its holdings in shares of Lumber Liquidators by 203.6% during the fourth quarter. Deutsche Bank AG now owns 597,289 shares of the specialty retailer’s stock valued at $5,684,000 after acquiring an additional 400,531 shares in the last quarter. Norges Bank bought a new stake in shares of Lumber Liquidators during the fourth quarter valued at approximately $2,473,000. BlackRock Inc. increased its holdings in shares of Lumber Liquidators by 5.1% during the fourth quarter. BlackRock Inc. now owns 4,749,908 shares of the specialty retailer’s stock valued at $45,219,000 after acquiring an additional 230,871 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of Lumber Liquidators by 141.6% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 260,785 shares of the specialty retailer’s stock valued at $2,482,000 after acquiring an additional 152,850 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Lumber Liquidators by 21.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 727,474 shares of the specialty retailer’s stock valued at $6,926,000 after acquiring an additional 126,595 shares in the last quarter. Hedge funds and other institutional investors own 79.43% of the company’s stock.

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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