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

Lords Group Trading (LON:LORD) released its quarterly earnings results on Wednesday. The company reported GBX (0.70) earnings per share for the quarter, Digital Look Earnings reports. Lords Group Trading had a negative net margin of 0.93% and a negative return on equity of 10.04%.

Lords Group Trading Stock Up 0.8%

Shares of LORD opened at GBX 13.10 on Thursday. The company has a quick ratio of 0.77, a current ratio of 1.18 and a debt-to-equity ratio of 245.10. The business has a fifty day moving average of GBX 13.21 and a 200 day moving average of GBX 16.01. The company has a market cap of £21.78 million, a PE ratio of -4.89 and a beta of 1.28. Lords Group Trading has a 52-week low of GBX 11.30 and a 52-week high of GBX 35.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 40 target price 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. According to MarketBeat.com, the company presently has a consensus 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.