Lords Group Trading (LON:LORD) Announces Earnings Results

Lords Group Trading (LON:LORD) posted its quarterly earnings data on Wednesday. The company reported GBX (0.70) earnings per share for the quarter, Digital Look Earnings reports. Lords Group Trading had a negative return on equity of 26.48% and a negative net margin of 2.14%.

Lords Group Trading Stock Down 2.8%

Shares of LORD traded down GBX 0.35 on Friday, reaching GBX 12.05. The company’s stock had a trading volume of 305,540 shares, compared to its average volume of 214,416. Lords Group Trading has a twelve month low of GBX 11.30 and a twelve month high of GBX 35. The stock has a market capitalization of £20.03 million, a PE ratio of -4.50 and a beta of 1.28. The company has a current ratio of 0.96, a quick ratio of 0.77 and a debt-to-equity ratio of 298.81. The firm has a fifty day moving average of GBX 13.12 and a 200-day moving average of GBX 15.95.

Wall Street Analyst Weigh In

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