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

Lords Group Trading (LON:LORD) released its earnings results on Wednesday. The company reported GBX (0.70) EPS for the quarter, Digital Look Earnings reports. Lords Group Trading had a negative net margin of 0.93% and a negative return on equity of 10.04%.

Lords Group Trading Price Performance

LORD stock opened at GBX 13.14 on Wednesday. The stock has a market cap of £21.85 million, a price-to-earnings ratio of -4.90 and a beta of 1.28. The company has a debt-to-equity ratio of 245.10, a current ratio of 1.18 and a quick ratio of 0.77. The company has a 50 day simple moving average of GBX 13.30 and a 200 day simple moving average of GBX 16.08. Lords Group Trading has a 1 year low of GBX 11.30 and a 1 year high of GBX 35.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 40 price objective on shares of Lords Group Trading in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 29.50.

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.