Insider Buying: Lords Group Trading (LON:LORD) Insider Acquires 1,400,000 Shares of Stock

Key Points

  • Insider purchase: Insider Shanker Bhupendrabhai Patel bought 1,400,000 shares at GBX 21 on November 17, spending about £294,000.
  • Financial backdrop: Lords Group is small (market cap ~£38M) with very high leverage (debt/equity 196.86) and negative profitability (net margin −0.40%, ROE −3.69%), and the stock trades near its 1‑year low (GBX 21) below its 50‑ and 200‑day averages (GBX 31.51 and 37.94).
  • Analyst view: Berenberg trimmed its target from GBX 80 to GBX 65 but kept a Buy rating, and the consensus rating is Buy with an average target of GBX 65.

Lords Group Trading plc (LON:LORD - Get Free Report) insider Shanker Bhupendrabhai Patel bought 1,400,000 shares of the stock in a transaction on Monday, November 17th. The stock was purchased at an average price of GBX 21 per share, with a total value of £294,000.

Lords Group Trading Stock Performance

LORD stock opened at GBX 22.85 on Wednesday. The company has a debt-to-equity ratio of 196.86, a current ratio of 1.31 and a quick ratio of 0.77. The business has a 50-day moving average price of GBX 31.51 and a 200 day moving average price of GBX 37.94. The company has a market capitalization of £37.99 million, a P/E ratio of -15.87 and a beta of 1.18. Lords Group Trading plc has a 1-year low of GBX 21 and a 1-year high of GBX 56.

Lords Group Trading (LON:LORD - Get Free Report) last issued its earnings results on Thursday, September 11th. The company reported GBX 1.35 earnings per share (EPS) for the quarter. Lords Group Trading had a negative net margin of 0.40% and a negative return on equity of 3.69%. As a group, equities research analysts forecast that Lords Group Trading plc will post 3.6 EPS for the current fiscal year.

Analyst Ratings Changes




Separately, Berenberg Bank dropped their target price on Lords Group Trading from GBX 80 to GBX 65 and set a "buy" rating on the stock in a research report on Thursday, November 13th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Lords Group Trading currently has an average rating of "Buy" and an average target price of GBX 65.

Check Out Our Latest Analysis on LORD

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.

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