Lords Group Trading (LON:LORD) Posts Quarterly Earnings Results

Lords Group Trading (LON:LORD) released its quarterly earnings data on Wednesday. The company reported GBX (3.82) EPS for the quarter, Digital Look Earnings reports. The business had revenue of £472.80 million during the quarter. Lords Group Trading had a negative net margin of 0.52% and a negative return on equity of 5.14%.

Lords Group Trading Stock Performance

Shares of LON LORD opened at GBX 16.85 on Thursday. The company’s fifty day moving average price is GBX 18.68 and its 200 day moving average price is GBX 22.31. Lords Group Trading has a 1 year low of GBX 16 and a 1 year high of GBX 56. The company has a market capitalization of £28.01 million, a PE ratio of -11.70 and a beta of 1.29. The company has a debt-to-equity ratio of 222.25, a quick ratio of 0.77 and a current ratio of 1.25.

Analysts Set New Price Targets

Several research firms have recently commented on LORD. Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 19 price objective on shares of Lords Group Trading in a report on Wednesday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 65 price objective on shares of Lords Group Trading in a report on Wednesday. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 42.

Lords Group Trading Company Profile

Lords Group Trading is a leading distributor of building, plumbing, heating and DIY goods in the UK. The Group is principally focused on the growing Repairs, Maintenance and Improvement (RMI) market, with approximately 80 per cent. of the Group’s demand focused on this segment of the construction market.
The Group principally sells to local tradesmen, hardware stores, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public.

The Group seeks to grow through a variety of organic and inorganic strategies, including geographic reach, product expansion, the active expansion of e-commerce platforms and the continued investment in its logistical capability.