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

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

Lords Group Trading Trading Down 2.5%

LORD stock opened at GBX 12.67 on Thursday. Lords Group Trading has a 12 month low of GBX 11.30 and a 12 month high of GBX 35. The firm’s 50-day moving average is GBX 13.21 and its 200 day moving average is GBX 16.01. The company has a market capitalization of £21.06 million, a PE ratio of -4.73 and a beta of 1.28. The company has a debt-to-equity ratio of 245.10, a current ratio of 1.18 and a quick ratio of 0.77.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 40 price objective 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 issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price 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.