Vistry Group (LON:VTY) Issues Quarterly Earnings Results

Vistry Group (LON:VTY) posted its quarterly 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 Price Performance

VTY stock opened at GBX 588 ($7.61) on Friday. The company has a market cap of £1.92 billion, a PE ratio of 7.81, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14. The company has a current ratio of 2.64, a quick ratio of 0.56 and a debt-to-equity ratio of 22.15. Vistry Group has a 12-month low of GBX 511 ($6.62) and a 12-month high of GBX 1,436 ($18.59). The stock has a 50-day moving average price of GBX 607.56 and a two-hundred day moving average price of GBX 769.59.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on VTY shares. Berenberg Bank lowered their price target on 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. JPMorgan Chase & Co. cut their price target on shares of Vistry Group from GBX 830 ($10.75) to GBX 690 ($8.93) and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Finally, Royal Bank of Canada boosted their price target on shares of Vistry Group from GBX 475 ($6.15) to GBX 500 ($6.47) and gave the stock an “underperform” rating in a report on Friday.

About Vistry Group

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.