LL Flooring Holdings Inc. (NYSE:LL) finished Friday with an addition of $0.29 to close at $3.86, an upside of 8.12 percent. An average of 576,260 shares of common stock have been traded in the last five days. There was a gain of $0.24 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 397,360 shares traded, while the 50-day average volume stands at 607,408.
LL stock has decreased by -1.03% in the last month. The company shares reached their 1-month lowest point of $3.10 on 08/09/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $2.75 and a high of $11.00 in 52 weeks. It has reached a new high 6 times so far this year and lost -31.32% or -$1.76 in price. In spite of this, the price is down -64.91% from the 52-week high.
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Valuation Metrics
LL Flooring Holdings Inc. (LL) stock’s beta is 2.12. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.12, the price-to-book (PB) ratio at 0.45.
Financial Health
The quick ratio of LL Flooring Holdings Inc. for the three months ended June 29 was 0.20, and the current ratio was 1.80, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.19 and a total debt to equity ratio of 0.19 for the quarter ending June 29. LL Flooring Holdings Inc.’s EBITDA margin for the year ending June 29 is 1.47%, while its operating margin for the same period stands at -2.80%. Its gross profit as reported stood at $401.16 million compared to revenue of $1.11 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, LL Flooring Holdings Inc.’s return on assets was -4.30%.
Earnings Surprise
For the three-month period that ended June 29, LL Flooring Holdings Inc. had $40.0 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$39.0 million in the quarter, while revenues were grew 107.03%. The analyst consensus anticipated LL Flooring Holdings Inc.’s latest quarter earnings to come in at -$0.41 per share, but it turned out to be -$1.28, a -212.20% surprise. For the quarter, EBITDA amounted to -$15.68 million. Shareholders own equity worth $30.73 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at LL Flooring Holdings Inc. (LL) price momentum. RSI 9-day as of the close on 11 August was 56.63%, suggesting the stock is Neutral, with historical volatility in this time frame at 67.72%.
As of today, LL’s price is $3.52 +6.63% or $0.24 from its 5-day moving average. LL is currently trading +0.78% higher than its 20-day SMA and +11.56% higher than its 100-day SMA. However, the stock’s current price level is -14.22% below the SMA50 and -47.41% below the SMA200.
The stochastic %K and %D were 53.99% and 31.30%, respectively, and the average true range (ATR) was 0.20. With the 14-day stochastic at 83.52% and the average true range at 0.20, the RSI (14) stands at 51.79%. The stock has reached -0.05 on the 9-day MACD Oscillator while the 14-day reading was at -0.14.
Analyst Ratings
Loop Capital downgraded LL Flooring Holdings Inc. (NYSE: LL) to a a Sell rating in its most recent analyst report. Previously, the stock was rated as a Hold.
