Lords Group Trading (LON:LORD) Sets New 1-Year Low – Here’s What Happened

Shares of Lords Group Trading plc (LON:LORDGet Free Report) hit a new 52-week low on Thursday . The company traded as low as GBX 12.25 and last traded at GBX 12.47, with a volume of 266833 shares. The stock had previously closed at GBX 12.62.

Analyst Ratings Changes

Several research firms recently issued reports on LORD. Berenberg Bank reduced their price target on shares of Lords Group Trading from GBX 65 to GBX 50 and set a “buy” rating for the company in a research report on Thursday, July 30th. Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 19 target price on shares of Lords Group Trading in a report on Wednesday, May 20th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Lords Group Trading has a consensus rating of “Moderate Buy” and an average price target of GBX 34.50.

Check Out Our Latest Analysis on LORD

Lords Group Trading Price Performance

The firm’s 50 day moving average price is GBX 16.17 and its two-hundred day moving average price is GBX 19.07. The company has a debt-to-equity ratio of 245.10, a current ratio of 1.18 and a quick ratio of 0.77. The stock has a market cap of £20.73 million, a PE ratio of -4.65 and a beta of 1.30.

Lords Group Trading (LON:LORDGet Free Report) last posted its earnings results on Wednesday, May 20th. The company reported GBX (3.82) earnings per share (EPS) for the quarter. Lords Group Trading had a negative return on equity of 10.04% and a negative net margin of 0.93%.The company had revenue of £472.80 million for the quarter. On average, research analysts expect that Lords Group Trading plc will post 3.6 earnings per share for the current year.

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.

Further Reading

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