Vistry Group (LON:VTY) Hits New 1-Year Low – Should You Sell?

Vistry Group PLC (LON:VTY)’s share price reached a new 52-week low during trading on Thursday. The stock traded as low as GBX 220 and last traded at GBX 220.93, with a volume of 1,255,157 shares. The stock had previously closed at GBX 224.60.

Analyst Ratings Changes

Several equities analysts have issued reports on VTY shares. JPMorgan Chase & Co. dropped their price objective on shares of Vistry Group from GBX 430 to GBX 210 and set an “underweight” rating on the stock in a research note on Monday, June 15th. Royal Bank Of Canada reaffirmed an “underperform” rating and issued a GBX 180 target price on shares of Vistry Group in a report on Friday, September 18th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 274 target price on shares of Vistry Group in a report on Friday, September 25th. Finally, Berenberg Bank dropped their price target on shares of Vistry Group from GBX 263 to GBX 252 and set a “hold” rating on the stock in a research note on Monday, September 28th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of GBX 400.88.

Vistry Group Trading Up 0.7%

The company has a debt-to-equity ratio of 30.07, a current ratio of 2.36 and a quick ratio of 0.56. The firm has a market cap of £695.50 million, a price-to-earnings ratio of -1.38, a price-to-earnings-growth ratio of -0.20 and a beta of 1.86. The business’s 50-day moving average price is GBX 269.60 and its two-hundred day moving average price is GBX 283.98.

Vistry Group (LON:VTY) last released its earnings results on Thursday, September 24th. The company reported GBX (18.80) earnings per share (EPS) for the quarter. Vistry Group had a negative net margin of 14.73% and a negative return on equity of 16.57%. Equities analysts expect that Vistry Group PLC will post 108.46 earnings per share for the current year.

Insider Transactions at Vistry Group

In other Vistry Group news, insider Alice Woodwark bought 8,305 shares of the company’s stock in a transaction on Monday, October 5th. The shares were bought at an average cost of GBX 241 per share, with a total value of £20,015.05. Also, insider Paul Whetsell purchased 15,000 shares of Vistry Group stock in a transaction dated Tuesday, July 14th. The stock was acquired at an average price of GBX 253 per share, for a total transaction of £37,950. In the last quarter, insiders bought 69,975 shares of company stock worth $17,811,415. 1.23% of the stock is currently owned by corporate insiders.

Vistry Group Company Profile

Vistry Group is a leading homebuilder developing in partnership to deliver sustainable homes, communities, and social value, leaving a lasting legacy of places where people love to live.

Operating across 25 regions, we build homes for those who need them right across the UK. Our partners include Registered Providers, Local Authorities, Homes England and Private Rented Sector providers.

Our timber manufacturing capability, Vistry Works, is at the core of our strategy to deliver more quality homes, faster.

We sell homes on the open market through three respected brands: Bovis Homes, Linden Homes, and Countryside Homes.