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

Lords Group Trading (LON:LORD) issued 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 Price Performance

Shares of LON LORD traded down GBX 0.33 during midday trading on Thursday, reaching GBX 12.67. The stock had a trading volume of 188,691 shares, compared to its average volume of 213,797. The company has a market capitalization of £21.06 million, a price-to-earnings ratio of -4.73 and a beta of 1.28. Lords Group Trading has a 12-month low of GBX 11.30 and a 12-month high of GBX 35. The stock has a 50-day moving average of GBX 13.21 and a 200-day moving average of 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.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 40 price objective on shares of Lords Group Trading in a research note on Wednesday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock 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.