Lords Group Trading (LON:LORD) Stock Price Up 3.1% – Here’s What Happened

Shares of Lords Group Trading plc (LON:LORD) rose 3.1% during trading on Wednesday . The company traded as high as GBX 17.50 and last traded at GBX 17.05. Approximately 169,409 shares were traded during trading, a decline of 14% from the average daily volume of 196,593 shares. The stock had previously closed at GBX 16.53.

Wall Street Analyst Weigh In

LORD has been the topic of a number of research reports. Stifel Nicolaus restated a “hold” rating and set a GBX 19 target price on shares of Lords Group Trading in a report on Wednesday, May 20th. Berenberg Bank restated a “buy” rating and set a GBX 65 target price on shares of Lords Group Trading in a report on Wednesday, May 20th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Lords Group Trading has an average rating of “Moderate Buy” and a consensus price target of GBX 42.

Lords Group Trading Trading Down 0.6%

The firm has a 50-day moving average price of GBX 17.65 and a 200-day moving average price of GBX 21.10. The company has a debt-to-equity ratio of 245.10, a quick ratio of 0.77 and a current ratio of 1.18. The stock has a market cap of £27.68 million, a PE ratio of -6.21 and a beta of 1.29.

Lords Group Trading (LON:LORD) last posted its quarterly earnings results on Wednesday, May 20th. The company reported GBX (3.82) earnings per share (EPS) for the quarter. The company 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%. As a group, equities analysts anticipate that Lords Group Trading plc will post 3.6 EPS for the current fiscal year.

Lords Group Trading Company Profile

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.