Major Move Is Coming For Lumber Liquidators Holdings Inc After Bullish Options Activity

 Major Move Is Coming For Lumber Liquidators Holdings Inc After Bullish Options Activity

In today’s session Lumber Liquidators Holdings Inc (LL) registered an unusually high (183) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious LL increase. With 183 contracts traded and 124 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: LL161021C00019500 closed last at: $0.25 or 16.7% down. About 444,862 shares traded hands. Lumber Liquidators Holdings Inc (NYSE:LL) has risen 66.73% since March 15, 2016 and is uptrending. It has outperformed by 61.24% the S&P500.

Analysts await Lumber Liquidators Holdings Inc (NYSE:LL) to report earnings on November, 2. They expect $-0.21 earnings per share, up 32.26% or $0.10 from last year’s $-0.31 per share. After $-0.45 actual earnings per share reported by Lumber Liquidators Holdings Inc for the previous quarter, Wall Street now forecasts -53.33% EPS growth.

Lumber Liquidators Holdings Inc (NYSE:LL) Ratings Coverage

Out of 5 analysts covering Lumber Liquidators Holdings (NYSE:LL), 1 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 20% are positive. Lumber Liquidators Holdings has been the topic of 7 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock of Lumber Liquidators Holdings Inc (NYSE:LL) earned “Sell” rating by Goldman Sachs on Thursday, December 17. The stock of Lumber Liquidators Holdings Inc (NYSE:LL) has “Equal Weight” rating given on Tuesday, August 4 by KeyBanc Capital Markets. On Thursday, August 6 the stock rating was downgraded by Stephens to “Equal Weight”. The company was initiated on Tuesday, May 24 by Topeka Capital Markets.

According to Zacks Investment Research, “Lumber Liquidators, Inc. is a specialty retailer of hardwood flooring. The Company offers a selection of hardwood flooring products under multiple brands. Lumber Liquidators sells its products through more than 110 Lumber Liquidators stores across the U.S., a call center, its Website and catalog. The Company offers hardwood flooring products from more than twenty five domestic and exotic wood species in both prefinished and unfinished brands of various widths and lengths. Lumber Liquidators also offers an assortment of flooring enhancements and installation accessories including moldings, noise-reducing underlays and adhesives. The Company’s product offering is substantially comprised of its own brands, including its Bellawood brand, as well as its Builder’s Pride, Virginia Mill Works, Schon, Morning Star Bamboo and Dream Home brands.”

Insitutional Activity: The institutional sentiment decreased to 0.86 in 2016 Q2. Its down 0.26, from 1.12 in 2016Q1. The ratio worsened, as 16 funds sold all Lumber Liquidators Holdings Inc shares owned while 47 reduced positions. 13 funds bought stakes while 41 increased positions. They now own 19.01 million shares or 2.92% less from 19.58 million shares in 2016Q1.
The Georgia-based Voya Invest Mngmt Limited Co has invested 0% in Lumber Liquidators Holdings Inc (NYSE:LL). Blackrock Inv Management Limited Company owns 123,198 shares or 0% of their US portfolio. Gilder Gagnon Howe Lc accumulated 0.01% or 40,891 shares. Nelson Van Denburg & Campbell Wealth Mgmt Group Limited Liability holds 0% of its portfolio in Lumber Liquidators Holdings Inc (NYSE:LL) for 700 shares. The New York-based Goldman Sachs Group Inc has invested 0% in Lumber Liquidators Holdings Inc (NYSE:LL). Comerica Commercial Bank holds 26,987 shares or 0% of its portfolio. Rbf Ltd Liability Corp last reported 0.29% of its portfolio in the stock. Ariel Llc last reported 0.1% of its portfolio in the stock. Netols Asset Mngmt holds 1.82% or 521,411 shares in its portfolio. Gagnon Ltd Limited Liability Company last reported 331,589 shares in the company. Blackrock has invested 0% of its portfolio in Lumber Liquidators Holdings Inc (NYSE:LL). Waterfront Cap Prtn Ltd Liability Corporation holds 0.45% of its portfolio in Lumber Liquidators Holdings Inc (NYSE:LL) for 185,000 shares. Diam has 0% invested in the company for 20,200 shares. Wells Fargo & Mn last reported 0% of its portfolio in the stock. Ameriprise Finance has 132,313 shares for 0% of their US portfolio.

Lumber Liquidators Holdings, Inc. is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The company has a market cap of $519.56 million. The Firm offers an assortment of exotic and domestic hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. It currently has negative earnings. It also features the renewable flooring products, bamboo and cork, and provides a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives and flooring tools.

LL Company Profile

Lumber Liquidators Holdings, Inc. (Lumber Liquidators), incorporated in November 12, 2009, is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Firm offers an assortment of exotic and domestic hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. The Firm also features the renewable flooring products, bamboo and cork, and provides a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives and flooring tools. The Firm also provides in-home delivery and installation services to certain of its customers. The Company’s product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork and Vinyl Plank, and Moldings and Accessories. The Firm sells its products primarily to homeowners or to contractors on behalf of homeowners. Lumber Liquidators operates over 375 stores located in over 50 states and Canada. In addition to its stores in Ontario, Canada, the Company has over 370 the United States stores in operation.

More notable recent Lumber Liquidators Holdings Inc (NYSE:LL) news were published by: Fool.com which released: “Why Lumber Liquidators Holdings, Inc. Stock Rose 24.8% in September” on October 11, 2016, also Bloomberg.com with their article: “Lumber Liquidators Owes $10 Million for Timber Source Crimes” published on February 01, 2016, Wsj.com published: “Lumber Liquidators Won’t Resume Sales of Chinese-Made Laminate” on June 17, 2016. More interesting news about Lumber Liquidators Holdings Inc (NYSE:LL) were released by: Fool.com and their article: “Why Lumber Liquidators Holdings, Inc. Stock Popped 17.7% in June” published on July 12, 2016 as well as Fool.com‘s news article titled: “Is the Worst Over for Lumber Liquidators Holdings Inc.?” with publication date: February 05, 2016.

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