Lords Group Trading (LON:LORD) Releases Earnings Results

Lords Group Trading (LON:LORD) announced 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 net margin of 0.93% and a negative return on equity of 10.04%.

Lords Group Trading Trading Down 1.9%

LON LORD traded down GBX 0.25 on Thursday, hitting GBX 12.75. The company’s stock had a trading volume of 363,703 shares, compared to its average volume of 214,723. Lords Group Trading has a 52-week low of GBX 11.30 and a 52-week high of GBX 35. The company has a current ratio of 1.18, a quick ratio of 0.77 and a debt-to-equity ratio of 245.10. The company’s 50-day simple moving average is GBX 13.21 and its 200 day simple moving average is GBX 16.01. The firm has a market cap of £21.20 million, a P/E ratio of -4.76 and a beta of 1.28.

Analyst Ratings Changes

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