Lords Group Trading (LON:LORD) Posts Quarterly Earnings Results

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

Lords Group Trading Trading Down 2.8%

LORD stock opened at GBX 12.05 on Friday. The business has a fifty day moving average price of GBX 13.12 and a 200 day moving average price of GBX 15.95. The company has a debt-to-equity ratio of 298.81, a current ratio of 0.96 and a quick ratio of 0.77. Lords Group Trading has a fifty-two week low of GBX 11.30 and a fifty-two week high of GBX 35. The stock has a market capitalization of £20.03 million, a price-to-earnings ratio of -4.50 and a beta of 1.28.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 40 price target on shares of Lords Group Trading in a report on Wednesday. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Lords Group Trading currently has an average rating of “Moderate Buy” and an average 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.