Lords Group Trading (LON:LORD) Hits New 12-Month Low Following Analyst Downgrade

Lords Group Trading plc (LON:LORD) reached a new 52-week low on Friday after Berenberg Bank lowered their price target on the stock from GBX 65 to GBX 50. Berenberg Bank currently has a buy rating on the stock. Lords Group Trading traded as low as GBX 12.50 and last traded at GBX 13, with a volume of 5035660 shares traded. The stock had previously closed at GBX 12.75.

Separately, Stifel Nicolaus restated a “hold” rating and issued a GBX 19 price target on shares of Lords Group Trading in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 34.50.

Lords Group Trading Stock Performance

The company has a market capitalization of £21.61 million, a P/E ratio of -4.85 and a beta of 1.30. The business has a 50 day moving average of GBX 16.47 and a 200 day moving average of GBX 19.37. 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 issued its quarterly earnings data on Wednesday, May 20th. The company reported GBX (3.82) earnings per share (EPS) for the quarter. The firm had revenue of £472.80 million for the quarter. Lords Group Trading had a negative return on equity of 10.04% and a negative net margin of 0.93%. On average, sell-side analysts predict that Lords Group Trading plc will post 3.6 earnings per share for the current year.

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.