Lords Group Trading (LON:LORD) Hits New 12-Month Low – Here’s What Happened

Shares of Lords Group Trading plc (LON:LORD) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 12.25 and last traded at GBX 12.47, with a volume of 266833 shares trading hands. The stock had previously closed at GBX 12.62.

Analyst Upgrades and Downgrades

LORD has been the subject of a number of research analyst reports. Berenberg Bank dropped their target price on shares of Lords Group Trading from GBX 65 to GBX 50 and set a “buy” rating for the company in a research note on Thursday, July 30th. Stifel Nicolaus reissued a “hold” rating and set a GBX 19 price target on shares of Lords Group Trading in a research report on Wednesday, May 20th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Lords Group Trading presently has an average rating of “Moderate Buy” and a consensus target price of GBX 34.50.

Lords Group Trading Stock Down 1.2%

The company has a market cap of £20.73 million, a price-to-earnings ratio of -4.65 and a beta of 1.30. The firm has a 50-day moving average price of GBX 16.17 and a 200 day moving average price of GBX 19.07. The company has a debt-to-equity ratio of 245.10, a current ratio of 1.18 and a quick ratio of 0.77.

Lords Group Trading (LON:LORD) last posted its quarterly earnings data on Wednesday, May 20th. The company reported GBX (3.82) earnings per share (EPS) for the quarter. The business had revenue of £472.80 million during the quarter. Lords Group Trading had a negative net margin of 0.93% and a negative return on equity of 10.04%. Sell-side analysts predict that Lords Group Trading plc will post 3.6 EPS for the current year.

About Lords Group Trading

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.