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

Lords Group Trading (LON:LORD) released its earnings results on Wednesday. The company reported GBX (3.82) EPS for the quarter, Digital Look Earnings reports. Lords Group Trading had a negative return on equity of 5.14% and a negative net margin of 0.52%.The firm had revenue of £472.80 million during the quarter.

Lords Group Trading Stock Performance

LON:LORD opened at GBX 16.87 on Wednesday. The company has a current ratio of 1.25, a quick ratio of 0.77 and a debt-to-equity ratio of 222.25. The firm has a 50-day moving average price of GBX 18.77 and a two-hundred day moving average price of GBX 22.41. Lords Group Trading has a twelve month low of GBX 16 and a twelve month high of GBX 56. The company has a market capitalization of £28.04 million, a P/E ratio of -11.72 and a beta of 1.29.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 65 target price on shares of Lords Group Trading in a research note on Wednesday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 65.

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.