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

Lords Group Trading (LON:LORD – Get Free Report) announced 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 net margin of 0.93% and a negative return on equity of 10.04%.

Lords Group Trading Trading Down 7.9%

LON LORD traded down GBX 1.09 on Wednesday, reaching GBX 12.66. The company had a trading volume of 438,452 shares, compared to its average volume of 213,612. The firm has a market cap of £21.05 million, a price-to-earnings ratio of -4.72 and a beta of 1.28. Lords Group Trading has a fifty-two week low of GBX 11.30 and a fifty-two week high of GBX 35. The business has a 50 day moving average of GBX 13.21 and a two-hundred day moving average of GBX 16.01. 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 Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 40 price objective on shares of Lords Group Trading in a report on Wednesday. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 29.50.

Read Our Latest Stock Report on LORD

About Lords Group Trading

(Get Free Report)

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.

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