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) 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 Price Performance

Shares of LON:LORD traded down GBX 0.65 during trading on Wednesday, reaching GBX 13.10. The company had a trading volume of 433,015 shares, compared to its average volume of 213,583. The firm’s fifty day moving average is GBX 13.30 and its 200 day moving average is GBX 16.08. The company has a debt-to-equity ratio of 245.10, a quick ratio of 0.77 and a current ratio of 1.18. The firm has a market capitalization of £21.78 million, a PE ratio of -4.89 and a beta of 1.28. Lords Group Trading has a twelve month low of GBX 11.30 and a twelve month high of GBX 35.

Wall Street Analyst Weigh In

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