Lords Group Trading plc (LON:LORD – Get Free Report) shares shot up 4.1% during trading on Wednesday. The stock traded as high as GBX 12.50 and last traded at GBX 12.49. 255,426 shares traded hands during mid-day trading, an increase of 21% from the average session volume of 210,492 shares. The stock had previously closed at GBX 12.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 40 target price on shares of Lords Group Trading in a research note on Wednesday, September 30th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Lords Group Trading presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 29.50.
Lords Group Trading Price Performance
The company has a quick ratio of 0.77, a current ratio of 0.96 and a debt-to-equity ratio of 298.81. The stock has a market cap of £19.95 million, a P/E ratio of -1.96 and a beta of 1.32. The firm’s fifty day moving average price is GBX 12.51 and its 200-day moving average price is GBX 15.16.
Lords Group Trading (LON:LORD – Get Free Report) last posted its quarterly earnings results on Wednesday, September 30th. The company reported GBX (0.70) EPS for the quarter. Lords Group Trading had a negative net margin of 2.14% and a negative return on equity of 26.48%. Analysts forecast that Lords Group Trading plc will post 3.60 earnings per share for the current year.
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.
Further Reading
- Five stocks we like better than Lords Group Trading
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
- Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
- Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
Receive News & Ratings for Lords Group Trading Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lords Group Trading and related companies with MarketBeat.com's FREE daily email newsletter.
