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

Lords Group Trading (LON:LORD) released its quarterly earnings results on Wednesday. The company reported GBX (0.70) EPS 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 Stock Performance

Shares of LON:LORD traded down GBX 0.60 on Thursday, hitting GBX 12.40. The company’s stock had a trading volume of 214,422 shares, compared to its average volume of 213,933. Lords Group Trading has a 12 month low of GBX 11.30 and a 12 month high of GBX 35. The stock’s 50-day moving average is GBX 13.21 and its two-hundred day moving average is GBX 16.01. The company has a debt-to-equity ratio of 245.10, a quick ratio of 0.77 and a current ratio of 1.18. The company has a market capitalization of £20.62 million, a price-to-earnings ratio of -4.63 and a beta of 1.28.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 40 target price on shares of Lords Group Trading in a research note on Wednesday. One research 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 has a consensus rating of “Moderate Buy” and an average 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.