Vertu Motors (LON:VTU) Issues Quarterly Earnings Results

Vertu Motors (LON:VTU) released its quarterly earnings results on Wednesday. The company reported GBX 4.62 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Vertu Motors had a net margin of 0.34% and a return on equity of 4.55%. The firm had revenue of GBX 483.38 billion during the quarter.

Vertu Motors Stock Down 3.3%

VTU traded down GBX 2.17 during mid-day trading on Wednesday, reaching GBX 63.34. 3,501,046 shares of the stock were exchanged, compared to its average volume of 586,349. The company has a debt-to-equity ratio of 66.13, a quick ratio of 0.26 and a current ratio of 1.02. The stock has a market capitalization of £195.40 million, a PE ratio of 13.28 and a beta of 0.76. The company has a 50 day moving average price of GBX 61.06 and a two-hundred day moving average price of GBX 62.28. Vertu Motors has a 1 year low of GBX 55 and a 1 year high of GBX 67.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Stifel Nicolaus reduced their price objective on shares of Vertu Motors from GBX 78 to GBX 76 and set a “buy” rating for the company in a research report on Thursday, March 5th. Shore Capital Group reaffirmed a “house stock” rating on shares of Vertu Motors in a research report on Wednesday. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 76.

Vertu Motors Company Profile

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, Jeep, Kia, Volvo, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, MG, Nissan, Peugeot, Renault, SEAT, SKODA, Vauxhall, Ford, Mazda, and Toyota.