Shore Capital Reaffirms Buy Rating for Victorian Plumbing Group (LON:VIC)

Victorian Plumbing Group (LON:VIC)‘s stock had its “buy” rating reiterated by investment analysts at Shore Capital in a report released on Tuesday,London Stock Exchange reports.

Victorian Plumbing Group Trading Down 1.3 %

VIC stock traded down GBX 1.20 ($0.02) during midday trading on Tuesday, reaching GBX 90.80 ($1.15). 1,060,024 shares of the company traded hands, compared to its average volume of 688,898. The business has a 50 day moving average of GBX 99.26 and a 200-day moving average of GBX 104.15. The firm has a market capitalization of £305.86 million, a price-to-earnings ratio of 55.63, a P/E/G ratio of 0.51 and a beta of 1.03. Victorian Plumbing Group has a 52-week low of GBX 74.80 ($0.94) and a 52-week high of GBX 124 ($1.56). The company has a debt-to-equity ratio of 88.15, a quick ratio of 1.05 and a current ratio of 1.07.

Victorian Plumbing Group (LON:VIC) last posted its quarterly earnings results on Wednesday, January 15th. The company reported GBX 1.80 ($0.02) EPS for the quarter. Victorian Plumbing Group had a net margin of 1.86% and a return on equity of 10.60%. As a group, sell-side analysts expect that Victorian Plumbing Group will post 5.980995 earnings per share 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.