Victorian Plumbing Group (LON:VIC – Get Free Report) released its earnings results on Tuesday. The company reported GBX 2.10 earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of £168.80 million for the quarter. Victorian Plumbing Group had a net margin of 4.21% and a return on equity of 22.57%.
Victorian Plumbing Group Stock Performance
Shares of VIC opened at GBX 75 on Tuesday. The company’s 50 day moving average price is GBX 74.63 and its 200 day moving average price is GBX 76.26. Victorian Plumbing Group has a 52 week low of GBX 56.80 and a 52 week high of GBX 90. The company has a market capitalization of £246.24 million, a PE ratio of 19.23, a PEG ratio of 0.51 and a beta of 1.14. The company has a debt-to-equity ratio of 84.32, a quick ratio of 1.05 and a current ratio of 1.25.
Analysts Set New Price Targets
Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 125 target price on shares of Victorian Plumbing Group in a research report on Thursday, April 2nd. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 107.40.
Insider Buying and Selling
In related news, insider Daniel Barton sold 54,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of GBX 84, for a total transaction of £45,360. Insiders own 48.16% of the company’s stock.
Victorian Plumbing Group Company Profile
Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.
The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.
Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.
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