Lords Group Trading (LON:LORD) Issues Earnings Results

Key Points

• Lords Group Trading reported quarterly earnings of GBX 1.35 per share, with negative metrics including a 3.69% return on equity and a 0.40% net margin.
• The company's stock price dropped 1.4% to GBX 35, with a significant debt-to-equity ratio of 196.86 and a market capitalization of £58.17 million.
• Analysts at Berenberg Bank have restated a "buy" rating with a price target of GBX 80, reflecting a consensus rating of "Buy" from multiple analysts.

Lords Group Trading (LON:LORD - Get Free Report) posted its quarterly earnings results on Thursday. The company reported GBX 1.35 earnings per share for the quarter, Digital Look Earnings reports. Lords Group Trading had a negative return on equity of 3.69% and a negative net margin of 0.40%.

Lords Group Trading Stock Down 1.4%

LORD stock opened at GBX 35 on Thursday. The company has a debt-to-equity ratio of 196.86, a current ratio of 1.31 and a quick ratio of 0.77. The stock has a market capitalization of £58.17 million, a price-to-earnings ratio of -2,941.18 and a beta of 1.18. The business's fifty day moving average price is GBX 44.37 and its two-hundred day moving average price is GBX 36.11. Lords Group Trading has a fifty-two week low of GBX 23.60 and a fifty-two week high of GBX 56.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 80 price target on shares of Lords Group Trading in a research note on Monday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Lords Group Trading has a consensus rating of "Buy" and a consensus target price of GBX 80.

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.

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