LL Flooring (NYSE:LL) Now Covered by Analysts at StockNews.com

Research analysts at StockNews.com began coverage on shares of LL Flooring (NYSE:LL) in a note issued to investors on Tuesday. The brokerage set a “sell” rating on the specialty retailer’s stock.

LL Flooring Trading Down 2.9 %

LL stock opened at $1.68 on Tuesday. The company has a market cap of $51.81 million, a price-to-earnings ratio of -0.47 and a beta of 1.89. The company has a quick ratio of 0.12, a current ratio of 1.54 and a debt-to-equity ratio of 0.42. The business has a fifty day simple moving average of $1.96 and a 200-day simple moving average of $2.80. LL Flooring has a 52 week low of $1.61 and a 52 week high of $5.52.

LL Flooring (NYSE:LL) last announced its quarterly earnings results on Friday, March 1st. The specialty retailer reported ($0.64) earnings per share for the quarter. LL Flooring had a negative return on equity of 44.10% and a negative net margin of 11.44%. The business had revenue of $211.78 million for the quarter.

Institutional Trading of LL Flooring

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. boosted its position in LL Flooring by 1.9% in the 1st quarter. BlackRock Inc. now owns 2,062,485 shares of the specialty retailer’s stock valued at $7,837,000 after buying an additional 39,270 shares during the last quarter. Vanguard Group Inc. boosted its position in LL Flooring by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 1,835,575 shares of the specialty retailer’s stock valued at $12,721,000 after buying an additional 21,156 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its position in LL Flooring by 35.9% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 1,287,350 shares of the specialty retailer’s stock valued at $4,892,000 after buying an additional 339,830 shares during the last quarter. Wellington Management Group LLP boosted its position in LL Flooring by 21.8% in the 1st quarter. Wellington Management Group LLP now owns 1,176,450 shares of the specialty retailer’s stock valued at $16,494,000 after buying an additional 210,283 shares during the last quarter. Finally, State Street Corp boosted its position in LL Flooring by 0.4% in the 3rd quarter. State Street Corp now owns 1,054,636 shares of the specialty retailer’s stock valued at $7,309,000 after buying an additional 3,770 shares during the last quarter. 54.33% of the stock is owned by hedge funds and other institutional investors.

LL Flooring Company Profile

LL Flooring Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard and soft surface flooring, and hard and soft surface flooring enhancements and accessories. The company offers hard and soft surface flooring including, waterproof hybrid resilient, waterproof vinyl plank, solid and engineered hardwood, laminate, bamboo, tile, and cork products; and flooring enhancements and accessories, including moldings, underlayment, adhesives, and tools, as well as Duravana, a hybrid resilient flooring under the Bellawood, Coreluxe, ReNature by Coreluxe, and Duravana brand names.