Lumber Liquidators Holdings (LL) closed the most recent trading day at $10.42, moving -1.79% from the previous trading session. This change was narrower than the S&P 500's 1.9% loss on the day. At the same time, the Dow lost 1.77%, and the tech-heavy Nasdaq lost 2.5%.
Prior to today's trading, shares of the hardwood floors retailer had lost 8.06% over the past month. This has lagged the Retail-Wholesale sector's gain of 4.47% and the S&P 500's gain of 3.04% in that time.
LL will be looking to display strength as it nears its next earnings release. On that day, LL is projected to report earnings of -$0.14 per share, which would represent a year-over-year decline of 100%. Meanwhile, our latest consensus estimate is calling for revenue of $270.05 million, up 3.16% from the prior-year quarter.
LL's full-year Zacks Consensus Estimates are calling for earnings of $0.50 per share and revenue of $1.13 billion. These results would represent year-over-year changes of -12.28% and +3.93%, respectively.
Any recent changes to analyst estimates for LL should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 8.98% higher. LL currently has a Zacks Rank of #3 (Hold).
Digging into valuation, LL currently has a Forward P/E ratio of 21.28. For comparison, its industry has an average Forward P/E of 12.04, which means LL is trading at a premium to the group.
Also, we should mention that LL has a PEG ratio of 0.77. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Building Products - Retail industry currently had an average PEG ratio of 1.15 as of yesterday's close.
The Building Products - Retail industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 186, which puts it in the bottom 28% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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