LL Flooring Holdings Inc (NYSE: LL)’s stock price has plunge by 2.90relation to previous closing price of 1.55. Nevertheless, the company has seen a 5.63% surge in its stock price over the last five trading sessions. Business Wire reported 2024-04-25 that RICHMOND, Va.–(BUSINESS WIRE)–LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard-surface flooring in North America, today announced that it intends to host a conference call and audio webcast on May 8, 2024, at 8:00 a.m. Eastern Time. The conference may be accessed by dialing (833) 470-1428 or (404) 975-4839 and entering pin number 387152. You may also use this link in lieu of speaking to an operator. A replay will be available approximate.
Is It Worth Investing in LL Flooring Holdings Inc (NYSE: LL) Right Now?
Company’s 36-month beta value is 1.86.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 2 as “overweight,” 8 as “hold,” and 2 as “sell.”
The public float for LL is 26.44M, and currently, short sellers hold a 3.34% ratio of that floaft. The average trading volume of LL on April 30, 2024 was 274.72K shares.
LL’s Market Performance
LL stock saw a decrease of 5.63% in the past week, with a monthly decline of -14.71% and a quarterly a decrease of -42.21%. The volatility ratio for the week is 3.13%, and the volatility levels for the last 30 days are 4.82% for LL Flooring Holdings Inc (LL). The simple moving average for the past 20 days is -3.71% for LL’s stock, with a -45.76% simple moving average for the past 200 days.
Analysts’ Opinion of LL
Many brokerage firms have already submitted their reports for LL stocks, with Loop Capital repeating the rating for LL by listing it as a “Sell.” The predicted price for LL in the upcoming period, according to Loop Capital is $3.25 based on the research report published on July 13, 2023 of the previous year 2023.
Loop Capital gave a rating of “Buy” to LL, setting the target price at $18 in the report published on July 14th of the previous year.
LL Trading at -12.97% from the 50-Day Moving Average
After a stumble in the market that brought LL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -71.11% of loss for the given period.
Volatility was left at 4.82%, however, over the last 30 days, the volatility rate increased by 3.13%, as shares sank -10.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.08% lower at present.
During the last 5 trading sessions, LL rose by +6.17%, which changed the moving average for the period of 200-days by -58.14% in comparison to the 20-day moving average, which settled at $1.6467. In addition, LL Flooring Holdings Inc saw -59.10% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LL
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- 0.36 for the gross margin
The net margin for LL Flooring Holdings Inc stands at -0.11. The total capital return value is set at -0.23. Equity return is now at value -50.07, with -17.31 for asset returns.
Based on LL Flooring Holdings Inc (LL), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22.
Currently, EBITDA for the company is -73.83 million with net debt to EBITDA at -3.31. When we switch over and look at the enterprise to sales, we see a ratio of 0.28. The receivables turnover for the company is 389.47for trailing twelve months and the total asset turnover is 1.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.54.
Conclusion
In a nutshell, LL Flooring Holdings Inc (LL) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
