Victorian Plumbing Group (LON:VIC) Posts Quarterly Earnings Results

Victorian Plumbing Group (LON:VICGet Free Report) posted its quarterly earnings results on Tuesday. The company reported GBX 2.10 earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of £168.80 million for the quarter. Victorian Plumbing Group had a return on equity of 22.57% and a net margin of 4.21%.

Victorian Plumbing Group Stock Down 3.1%

VIC stock opened at GBX 76.10 on Tuesday. The company has a current ratio of 1.25, a quick ratio of 1.05 and a debt-to-equity ratio of 84.32. The firm has a market capitalization of £249.85 million, a PE ratio of 19.51, a PEG ratio of 0.51 and a beta of 1.14. Victorian Plumbing Group has a 1-year low of GBX 56.80 and a 1-year high of GBX 90. The business’s 50 day simple moving average is GBX 74.63 and its 200 day simple moving average is GBX 76.26.

Insider Buying and Selling at Victorian Plumbing Group

In related news, insider Daniel Barton sold 54,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of GBX 84, for a total transaction of £45,360. Insiders own 48.16% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 125 price target on shares of Victorian Plumbing Group in a research report on Thursday, April 2nd. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 107.40.

Get Our Latest Stock Report on VIC

Victorian Plumbing Group Company Profile

(Get Free Report)

Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.

The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.

Further Reading

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