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

Lords Group Trading (LON:LORD) posted its quarterly earnings results on Wednesday. The company reported GBX (0.70) earnings per share (EPS) 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 Trading Down 2.8%

Shares of LON:LORD traded down GBX 0.35 during midday trading on Friday, hitting GBX 12.05. 427,880 shares of the stock traded hands, compared to its average volume of 215,059. The company has a quick ratio of 0.77, a current ratio of 0.96 and a debt-to-equity ratio of 298.81. The business’s 50 day moving average is GBX 13.03 and its two-hundred day moving average is GBX 15.93. The stock has a market capitalization of £20.03 million, a PE ratio of -4.50 and a beta of 1.28. Lords Group Trading has a one year low of GBX 11.30 and a one year high of GBX 35.

Analyst Upgrades and Downgrades

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