Lords Group Trading (LON:LORD) Issues Earnings Results

Lords Group Trading (LON:LORD) announced its quarterly earnings data on Wednesday. The company reported GBX (3.82) EPS for the quarter, Digital Look Earnings reports. The firm had revenue of £472.80 million during the quarter. 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

Lords Group Trading stock opened at GBX 17.09 on Friday. The firm has a market capitalization of £28.41 million, a P/E ratio of -11.87 and a beta of 1.29. Lords Group Trading has a 1 year low of GBX 16 and a 1 year high of GBX 56. The business has a 50-day moving average of GBX 18.60 and a 200-day moving average of GBX 22.20. The company has a current ratio of 1.18, a quick ratio of 0.77 and a debt-to-equity ratio of 245.10.

Wall Street Analyst Weigh In

LORD has been the subject of several analyst reports. Berenberg Bank restated a “buy” rating and set a GBX 65 target price on shares of Lords Group Trading in a research report on Wednesday. Stifel Nicolaus restated a “hold” rating and set a GBX 19 target price on shares of Lords Group Trading in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lords Group Trading currently has an average rating of “Moderate Buy” and an average price target of GBX 42.

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.