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

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 changed hands during mid-day 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 Analysts Forecast Growth

LORD has been the subject of a number of recent analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 65 target price on shares of Lords Group Trading in a research note on Wednesday, May 20th. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 19 target price on shares of Lords Group Trading in a research note on Wednesday, May 20th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Lords Group Trading presently has an average rating of “Moderate Buy” and a consensus target price of GBX 42.

Lords Group Trading Stock Up 3.1%

The company has a current ratio of 1.18, a quick ratio of 0.77 and a debt-to-equity ratio of 245.10. The company has a market capitalization of £28.34 million, a PE ratio of -6.36 and a beta of 1.29. The business’s 50-day simple moving average is GBX 17.66 and its 200-day simple moving average is GBX 21.15.

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. Lords Group Trading had a negative return on equity of 10.04% and a negative net margin of 0.93%.The business had revenue of £472.80 million for the quarter. As a group, equities research 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.