Lords Group Trading (LON:LORD) Issues Earnings Results

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

Lords Group Trading Trading Down 6.9%

LON LORD traded down GBX 0.95 during trading hours on Wednesday, hitting GBX 12.80. 438,015 shares of the company were exchanged, compared to its average volume of 213,609. Lords Group Trading has a 52 week low of GBX 11.30 and a 52 week high of GBX 35. The company has a quick ratio of 0.77, a current ratio of 1.18 and a debt-to-equity ratio of 245.10. The stock has a 50-day moving average price of GBX 13.30 and a 200 day moving average price of GBX 16.08. The stock has a market cap of £21.28 million, a PE ratio of -4.78 and a beta of 1.28.

Analyst Ratings Changes

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

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.