Lumber Liquidators Holdings, Inc. LL was a big mover last session, as the company saw its shares rise almost 11% on the day. The upside came after the company won a lawsuit alleging its negligence in informing consumers about the presence of formaldehyde in some of the products. This led to more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $11.07 to $13.94 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Lumber Liquidators currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the same space is Fastenal Company FAST with a Zacks Rank #2 (Buy).
Is LL going up? Or down? Predict to see what others think: Up or Down
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