28-Mar-2024
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LL Flooring Reports Fourth Quarter and Full Year 2023 Financial Results
Business Wire (Fri, 1-Mar 4:05 PM ET)
LL Flooring to Host Fourth Quarter and Full Year 2023 Results Call on March 4, 2024
Business Wire (Mon, 26-Feb 6:45 AM ET)
LL Flooring Holdings Inc is a specialty retailer of hardwood flooring in North America. The firm operates across the U.S. and Ontario, Canada, through its retail store operations segment. Its products include foreign and domestic hardwood species, engineered hardwood, laminate, resilient-vinyl, bamboo, and cork flooring. The company derives the majority of its revenue from laminate, vinyl, engineered vinyl plank, and porcelain tile, followed by Solid and Engineered Hardwood. The firm also offers a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools. It targets do-it-yourself (DIY), do-it-for-me (DIFM), and commercial customers. Bellawood is a core brand of the company.
LL Flooring Holdings trades on the NYSE stock market under the symbol LL.
As of March 28, 2024, LL stock price climbed to $1.83 with 237,168 million shares trading.
LL has a beta of 1.75, meaning it tends to be more sensitive to market movements. LL has a correlation of 0.09 to the broad based SPY ETF.
LL has a market cap of $56.48 million. This is considered a Micro Cap stock.
Last quarter LL Flooring Holdings reported $212 million in Revenue and -$.64 earnings per share. This fell short of revenue expectation by $-720,000 and exceeded earnings estimates by $.04.
In the last 3 years, LL stock traded as high as $27.54 and as low as $1.61.
The top ETF exchange traded funds that LL belongs to (by Net Assets): VTI, VXF, PRFZ, AVUV, IWC.
LL has underperformed the market in the last year with a price return of -47.0% while the SPY ETF gained +33.6%. LL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -54.1% and -4.7%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
LL support price is $1.72 and resistance is $1.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LL stock will trade within this expected range on the day.