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Home Improvement Stores Stocks Under Scanner -- Lowe's, Home Depot, Lumber Liquidators, and Tile Shop

LLFLQ, TTSH, HD, LOW

PR Newswire

NEW YORK, November 9, 2016 /PRNewswire/ --

Revenue in the Home Improvement Stores space is expected to continue increasing this year due to improved economic conditions, increased housing activities, higher wages, and rising consumer confidence. According to the Home Improvement Research Institute, total industry product sales are projected to increase 4.7% this year, with consumer market sales up 4.8% and the professional market advancing 4.6%. Given this data, Stock-Callers.com assesses the most recent performances of four equities to see where they stand in the market today: Lowe's Cos. Inc. (NYSE: LOW), The Home Depot Inc. (NYSE: HD), Lumber Liquidators Holdings Inc. (NYSE: LL), and Tile Shop Holdings Inc. (NASDAQ: TTS). You can access of our complimentary research reports on these stocks now at:

http://stock-callers.com/registration

Lowe's

At the close on Tuesday, shares in Mooresville, North Carolina-based Lowe's Cos. Inc. declined 0.62%, ending the day at $66.81. The stock recorded a trading volume of 6.78 million shares, which was above its three months average volume of 5.63 million shares. The Company's shares are trading below their 50-day moving average by 5.87%. Moreover, shares of Lowe's, which operates as a home improvement retailer, have a Relative Strength Index (RSI) of 37.70.

On October 31st, 2016, research firm Piper Jaffray downgraded the Company's stock rating from 'Overweight' to 'Neutral'.

On November 03rd, 2016, Lowe's announced the launch of Lowe's Vision, one of the first applications using Tango, a Google technology that enables computer vision software on your phone for augmented reality experiences. Using the app and the Lenovo Phab 2 Pro, the first Tango-enabled smartphone, customers can visualize virtual home furnishings, fixtures and accents in their real living rooms, kitchens and bathrooms. Visit us today and download your complete report on LOW for free at:

http://stock-callers.com/registration/?symbol=LOW


Home Depot

Shares in Atlanta, Georgia-based The Home Depot Inc. ended the day 0.40% higher at $124.25. A total volume of 6.09 million shares was traded, which was above their three months average volume of 4.71 million shares. The stock is trading below its 50-day moving average by 2.29%. Furthermore, shares of Home Depot, which operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers, have an RSI of 49.36.

On October 31st, 2016, research firm Piper Jaffray downgraded the Company's stock rating from 'Overweight' to 'Neutral'.

On November 01st, 2016, Home Depot announced that it will hold its Q3 2016 Earnings Conference Call on November 15th, 2016 at 9 a.m. ET. The complimentary research report on HD can be accessed at:

http://stock-callers.com/registration/?symbol=HD


Lumber Liquidators

On Tuesday, shares in Toano, Virginia headquartered Lumber Liquidators Holdings Inc. finished 2.89% lower at $14.78. A total volume of 1.20 million shares was traded, which was higher than their three months average volume of 885,710 shares. The stock is trading below its 200-day moving average by 0.68%. Additionally, shares of Lumber Liquidators, which together with its subsidiaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories, have an RSI of 28.69.

On November 07th, 2016, Lumber Liquidators announced that John M. Presley is resigning as Chief Executive Officer effective November 9th, 2016, and the board of directors has appointed Dennis R. Knowles, the Company's Chief Operating Officer, to succeed Mr. Presley as CEO. Mr. Presley is resigning from the board of directors effective December 15th, 2016 and Mr. Knowles has been elected to the board, effective the same date, as a director in the class of directors whose current terms expire in 2017. Register for free on Stock-Callers.com and download the PDF research report on LL at:

http://stock-callers.com/registration/?symbol=LL


Tile Shop

Plymouth, Minnesota headquartered Tile Shop Holdings Inc.'s shares recorded a trading volume of 676,835 shares at the end of yesterday's session, which was above their three months average volume of 534,370 shares. The stock closed the day flat at $17.00. The Company's shares have advanced 1.80% in the last one month, 0.06% in the previous three months, and 3.66% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.41% and 2.87%, respectively. Additionally, shares of Tile Shop, which operates as a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the US, have an RSI at 52.87.

On October 18th, 2016, Tile Shop reported that net sales grew 8.5% to $78.6 million for Q3 2016 compared to $72.4 million for Q3 2015. On a non-GAAP basis, net income for Q3 2016 was $5.0 million compared to $3.9 million for Q3 2015. Gross margin for Q3 2016 was 70.2% compared to 70.0% for Q3 2015. Get free access to your research report on TTS at:

http://stock-callers.com/registration/?symbol=TTS

--

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