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 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 Stock Performance

Vistry Group stock opened at GBX 589 ($7.63) on Friday. The business has a 50 day moving average of GBX 607.56 and a 200-day moving average 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. Vistry Group has a 1 year low of GBX 511 ($6.62) and a 1 year high of GBX 1,436 ($18.59). The company has a market capitalization of £1.93 billion, a P/E ratio of 7.83, a P/E/G ratio of -0.20 and a beta of 2.14.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VTY. Berenberg Bank lowered their price objective 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 note on Thursday, January 2nd. JPMorgan Chase & Co. decreased their target price 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 report on Thursday, December 5th. Finally, Royal Bank of Canada upped their target price on 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.

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.