Lords Group Trading (LON:LORD) Releases 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 data on Thursday. The company reported GBX 1.35 earnings per share for the quarter, Digital Look Earnings reports. Lords Group Trading had a negative net margin of 0.40% and a negative return on equity of 3.69%.

Lords Group Trading Stock Up 2.1%

Shares of LORD traded up GBX 0.68 during midday trading on Tuesday, reaching GBX 33.68. The stock had a trading volume of 55,401 shares, compared to its average volume of 83,429. Lords Group Trading has a 1-year low of GBX 23.60 and a 1-year high of GBX 56. The company's fifty day simple moving average is GBX 43.40 and its two-hundred day simple moving average is GBX 36.28. The company has a market cap of £55.98 million, a price-to-earnings ratio of -2,830.25 and a beta of 1.18. The company has a debt-to-equity ratio of 196.86, a current ratio of 1.31 and a quick ratio of 0.77.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 80 price objective on shares of Lords Group Trading in a research report on Monday, September 8th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target 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.