LL Flooring Holdings Inc (LL) Has Strong Growth Prospects Through 2024

LL Flooring Holdings Inc (NYSE:LL) has a beta value of 1.86 and has seen 1.31 million shares traded in the last trading session. The company, currently valued at $48.46M, closed the last trade at $1.58 per share which meant it gained $0.03 on the day or 1.94% during that session. The LL stock price is -249.37% off its 52-week high price of $5.52 and 7.59% above the 52-week low of $1.46. The 3-month trading volume is 274.72K shares.

LL Flooring Holdings Inc (NYSE:LL) trade information

Sporting 1.94% in the green in last session, the stock has traded in the green over the last five days, when the LL stock price touched $1.58 or saw a rise of 11.73%. Year-to-date, LL Flooring Holdings Inc shares have moved -59.49%, while the 5-day performance has seen it change 4.64%. Over the past 30 days, the shares of LL Flooring Holdings Inc (NYSE:LL) have changed -15.51%.

LL Flooring Holdings Inc (LL) estimates and forecasts

The company’s shares have lost -49.20% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -51.50%.

1 analysts offering their estimates for the company have set an average revenue estimate of $218.6 million for the current quarter. 1 have an estimated revenue figure of $228 million for the next quarter concluding in Jun 2024. Year-ago sales stood $240.7 million and $236.42 million respectively for this quarter and the next, and analysts expect sales will shrink by -9.20% for the current quarter and -3.60% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -13.55% over the past 5 years. Earnings growth for 2024 is a modest 108.64% while over the next 5 years, the company’s earnings are expected to increase by 30.00%.

LL Dividends

LL Flooring Holdings Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.