Lords Group Trading (LON:LORD) Stock Price Up 6.6% – Time to Buy?

Lords Group Trading plc (LON:LORD)’s share price was up 6.6% during trading on Thursday . The company traded as high as GBX 17.88 and last traded at GBX 17.73. Approximately 325,550 shares traded hands during mid-day trading, an increase of 87% from the average daily volume of 173,837 shares. The stock had previously closed at GBX 16.62.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on LORD. Stifel Nicolaus restated a “hold” rating and issued a GBX 19 target price on shares of Lords Group Trading in a research note on Wednesday, May 20th. Berenberg Bank reissued a “buy” rating and set a GBX 65 price objective on shares of Lords Group Trading in a report on Wednesday, May 20th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 42.

Lords Group Trading Stock Performance

The firm has a fifty day moving average of GBX 16.64 and a 200-day moving average of GBX 19.79. The firm has a market cap of £29.02 million, a P/E ratio of -6.51 and a beta of 1.30. The company has a quick ratio of 0.77, a current ratio of 1.18 and a debt-to-equity ratio of 245.10.

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