Victoria (LON:VCP) Announces Quarterly Earnings Results

Victoria (LON:VCP) released its quarterly earnings data on Friday. The company reported GBX (51.98) EPS for the quarter, Digital Look Earnings reports. Victoria had a positive return on equity of 67.51% and a negative net margin of 21.45%.

Victoria Trading Down 7.1%

VCP stock traded down GBX 5.10 on Friday, hitting GBX 66.90. 651,791 shares of the company were exchanged, compared to its average volume of 450,342. Victoria has a twelve month low of GBX 19.48 and a twelve month high of GBX 111. The company has a debt-to-equity ratio of -317.63, a current ratio of 1.52 and a quick ratio of 0.79. The business’s fifty day moving average is GBX 50.71 and its two-hundred day moving average is GBX 37.70. The stock has a market capitalization of £77.17 million, a price-to-earnings ratio of 0.02 and a beta of 0.43.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upped their target price on Victoria from GBX 60 to GBX 100 and gave the company a “buy” rating in a research note on Friday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 100.

Victoria Company Profile

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories.

Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.