Vistry Group (LON:VTY) Issues Quarterly Earnings Results

Vistry Group (LON:VTY) released its quarterly earnings data on Wednesday. The company reported GBX 55.90 ($0.72) EPS for the quarter, Digital Look Earnings reports. Vistry Group had a return on equity of 7.69% and a net margin of 6.90%.

Vistry Group Trading Up 2.2 %

VTY opened at GBX 588.50 ($7.62) on Friday. Vistry Group has a 12-month low of GBX 511 ($6.62) and a 12-month high of GBX 1,436 ($18.59). The company has a debt-to-equity ratio of 22.15, a current ratio of 2.64 and a quick ratio of 0.56. The stock has a market capitalization of £1.92 billion, a PE ratio of 7.82, a P/E/G ratio of -0.20 and a beta of 2.14. The firm’s fifty day moving average price is GBX 607.56 and its 200 day moving average price is GBX 769.59.

Analysts Set New Price Targets

VTY has been the topic of several analyst reports. Royal Bank of Canada raised their target price on Vistry Group from GBX 475 ($6.15) to GBX 500 ($6.47) and gave the company an “underperform” rating in a report on Friday. Berenberg Bank reduced their target price on shares of Vistry Group from GBX 750 ($9.71) to GBX 650 ($8.42) and set a “hold” rating on the stock in a research report on Thursday, January 2nd. Finally, JPMorgan Chase & Co. lowered their price target on shares of Vistry Group from GBX 830 ($10.75) to GBX 690 ($8.93) and set a “neutral” rating for the company in a report on Thursday, December 5th.

Vistry Group Company Profile

Vistry Group is one of the UK’s leading homebuilders with a top tier housebuilder and leading Partnerships business. Our purpose is to develop sustainable new homes and communities across all sectors of the housing market through our leading brands, Bovis Homes, Linden Homes, Vistry Partnerships and Drew Smith.

Our housebuilding division operates across 13 business units, each with a regional office, which are developing hundreds of sites across England.