Victorian Plumbing Group (LON:VIC) Stock Price Up 1.3% – Time to Buy?
by Doug Wharley · The Cerbat GemVictorian Plumbing Group plc (LON:VIC – Get Free Report) shares rose 1.3% during trading on Thursday . The stock traded as high as GBX 81 and last traded at GBX 81. 122,658 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 279,633 shares. The stock had previously closed at GBX 80.
Analysts Set New Price Targets
A number of research analysts recently weighed in on VIC shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 80 price objective on shares of Victorian Plumbing Group in a report on Wednesday, May 20th. Berenberg Bank reissued a “buy” rating and issued a GBX 115 target price on shares of Victorian Plumbing Group in a report on Tuesday, May 19th. Finally, Shore Capital Group restated a “buy” rating and set a GBX 100 target price on shares of Victorian Plumbing Group in a research report on Thursday, June 4th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 107.40.
Get Our Latest Report on Victorian Plumbing Group
Victorian Plumbing Group Stock Up 1.3%
The company has a debt-to-equity ratio of 82.83, a current ratio of 1.22 and a quick ratio of 1.05. The company has a market capitalization of £266.02 million, a price-to-earnings ratio of 19.76, a price-to-earnings-growth ratio of 0.51 and a beta of 1.13. The firm’s 50-day simple moving average is GBX 79.26 and its two-hundred day simple moving average is GBX 77.66.
Victorian Plumbing Group (LON:VIC – Get Free Report) last posted its quarterly earnings results on Tuesday, May 19th. The company reported GBX 2.10 earnings per share (EPS) for the quarter. The company had revenue of £168.80 million during the quarter. Victorian Plumbing Group had a net margin of 4.75% and a return on equity of 24.66%. Sell-side analysts predict that Victorian Plumbing Group plc will post 5.980995 EPS for the current fiscal year.
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.