Vistry Group (LON:VTY) Posts Quarterly Earnings Results

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

Vistry Group Trading Up 2.1 %

Shares of Vistry Group stock opened at GBX 588 ($7.61) on Friday. The stock has a fifty day moving average price of GBX 607.56 and a 200-day moving average price of GBX 769.59. 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 firm has a market cap of £1.92 billion, a PE ratio of 7.81, a P/E/G ratio of -0.20 and a beta of 2.14. Vistry Group has a 1 year low of GBX 511 ($6.62) and a 1 year high of GBX 1,436 ($18.59).

Analysts Set New Price Targets

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