Vertu Motors (LON:VTU) Releases Quarterly Earnings Results

Vertu Motors (LON:VTU) issued its quarterly earnings results on Wednesday. The company reported GBX 5.80 earnings per share for the quarter, Digital Look Earnings reports. Vertu Motors had a return on equity of 4.05% and a net margin of 0.30%.

Vertu Motors Stock Up 2.3%

LON VTU traded up GBX 1.87 during mid-day trading on Wednesday, hitting GBX 83.07. The company’s stock had a trading volume of 807,011 shares, compared to its average volume of 689,807. The firm has a market capitalization of £252.87 million, a price-to-earnings ratio of 19.36 and a beta of 0.80. The company’s 50 day simple moving average is GBX 84.70 and its 200 day simple moving average is GBX 74.53. Vertu Motors has a twelve month low of GBX 55 and a twelve month high of GBX 92.90. The company has a current ratio of 1.02, a quick ratio of 0.26 and a debt-to-equity ratio of 64.98.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reissued a “house stock” rating on shares of Vertu Motors in a research note on Wednesday, September 2nd. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 76.

About Vertu Motors

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.