Lumber Liquidators Holdings, In (NYSE:LL):
Lumber Liquidators’ Flooring Helps Keep The Armory Foundation ‘Running’.
The company is trading up by 2.21% since yesterday’s close of $18.08.
Company shares last traded at $18.48 a tad above $18.08, the 50 day moving average and which is marginally over the 200 day moving average of $15.75. The 50 day moving average went up $0.40 or +2.23% and the 200 day average went up by +17.33%.
In the last earnings report the EPS was $-2.69 and is projected to be $-1.92 for the current year with 27,142,000 shares now outstanding. Analysts expect next quarter’s EPS to be $-0.13 and the next full year EPS is anticipated to be $-0.02.
Brokerage analysts have released opinions on the company. On July 28 Jefferies kept the stock rating at “Neutral” and moved down the price target from $26.00 to $5.00. Topeka Capital issued its first research report on the stock giving it an initial rating of “”.
On December 17 the stock rating was downgraded from “Neutral” to “Sell” with a current price target of $13.00 in a report from Goldman Sachs. December 17 investment analysts at Goldman Sachs made no change to the price objective of $13.00 but cut the company from Neutral to Sell.
On August 20 the company was upgraded to “Buy” from “Hold” and a price target of $18.00 was set by Cantor Fitzgerald. Equity analyst Cantor Fitzgerald raised the price target and upgraded the stock on August 20 boosting the price target from $15.00 to $18.00 and setting the rating at “Buy” which had previously been “Hold”.