Lords Group Trading (LON:LORD) Stock Price Up 4.1% – Should You Buy?

Lords Group Trading plc (LON:LORD) was up 4.1% during trading on Wednesday. The company traded as high as GBX 12.50 and last traded at GBX 12.49. 255,426 shares changed hands during mid-day trading, an increase of 21% from the average daily volume of 210,492 shares. The stock had previously closed at GBX 12.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 40 price target on shares of Lords Group Trading in a report on Wednesday, September 30th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Lords Group Trading has a consensus rating of “Moderate Buy” and an average price target of GBX 29.50.

Lords Group Trading Stock Performance

The company has a debt-to-equity ratio of 298.81, a current ratio of 0.96 and a quick ratio of 0.77. The company has a market cap of £20.76 million, a P/E ratio of -2.04 and a beta of 1.32. The stock’s 50-day moving average price is GBX 12.54 and its 200-day moving average price is GBX 15.20.

Lords Group Trading (LON:LORD) last posted its quarterly earnings results on Wednesday, September 30th. The company reported GBX (0.70) earnings per share (EPS) for the quarter. Lords Group Trading had a negative return on equity of 26.48% and a negative net margin of 2.14%. Equities analysts anticipate that Lords Group Trading plc will post 3.60 EPS for the current year.

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.