Lumber Liquidators Holdings Inc (LL) : Zacks Investment Research ranks Lumber Liquidators Holdings Inc (LL) as 3, which is a Hold recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 3.22, which indicates as a Hold.
Lumber Liquidators Holdings Inc (LL) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $15 and the lowest price target forecast is $9. The average forecast of all the analysts is $11.77 and the expected standard deviation is $2.25.
Company shares have received an average consensus rating of Hold for the current week Lumber Liquidators Holdings Inc (NYSE:LL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.00 and $15.93 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.23, notching a gain of 2.20% for the day. The total traded volume was 589,453 . The stock had closed at $15.88 on the previous day.
In a related news, Brock Macon F Jr, Director of Lumber Liquidators Holdings, Inc., had purchased 1,000 shares on May 4, 2012. The total value of the transaction was $28,170. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Lumber Liquidators Holdings, Inc. (Lumber Liquidators) is a retailer of hardwood flooring, and hardwood flooring enhancements and accessories in North America. The Companys product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork and Vinyl Plank, and Moldings and Accessories. The Company sells its products primarily to homeowners or to contractors on behalf of homeowners. The Company offers wood flooring under18 brand names, led by Bellawood, a collection of solid and engineered hardwood flooring, bamboo flooring, moldings and accessories. The Company also offers a range of flooring enhancements and installation accessories, including moldings, noise-reducing underlay and tools. It offers around 400 different flooring product stock-keeping units. As of February 23, 2015, Lumber Liquidators operated around 354 stores located in 46 states of the United States and nine store locations in Canada.