LL Flooring (NYSE:LL) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of LL Flooring (NYSE:LL) in a research report issued on Wednesday. The brokerage set a “sell” rating on the specialty retailer’s stock.

LL Flooring Stock Up 0.7 %

NYSE LL opened at $1.51 on Wednesday. The stock has a market cap of $46.57 million, a PE ratio of -0.42 and a beta of 1.89. LL Flooring has a fifty-two week low of $1.46 and a fifty-two week high of $5.52. The business has a 50 day moving average price of $1.87 and a two-hundred day moving average price of $2.74. The company has a quick ratio of 0.12, a current ratio of 1.54 and a debt-to-equity ratio of 0.42.

LL Flooring (NYSE:LL) last released its quarterly earnings results on Friday, March 1st. The specialty retailer reported ($0.64) earnings per share (EPS) 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 during the quarter.

Hedge Funds Weigh In On LL Flooring

Hedge funds have recently added to or reduced their stakes in the company. Values First Advisors Inc. boosted its position in LL Flooring by 18.7% during the third quarter. Values First Advisors Inc. now owns 121,637 shares of the specialty retailer’s stock worth $386,000 after purchasing an additional 19,165 shares during the period. Innovis Asset Management LLC acquired a new position in LL Flooring during the third quarter worth $87,000. Gladius Capital Management LP acquired a new position in LL Flooring during the third quarter worth $29,000. Jump Financial LLC increased its stake in shares of LL Flooring by 36.0% in the fourth quarter. Jump Financial LLC now owns 27,315 shares of the specialty retailer’s stock valued at $107,000 after buying an additional 7,228 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of LL Flooring in the fourth quarter valued at $441,000. Institutional investors and hedge funds own 54.33% of the company’s stock.

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.