Victoria (LON:VCP) Releases Earnings Results

Victoria (LON:VCP) issued its quarterly earnings results on Friday. The company reported GBX (51.98) earnings per share for the quarter, Digital Look Earnings reports. Victoria had a positive return on equity of 67.51% and a negative net margin of 21.45%.

Victoria Stock Performance

VCP stock traded down GBX 6.30 during midday trading on Friday, reaching GBX 65.70. The stock had a trading volume of 650,247 shares, compared to its average volume of 450,331. The stock has a market cap of £75.79 million, a PE ratio of 0.02 and a beta of 0.43. The company has a debt-to-equity ratio of -317.63, a quick ratio of 0.79 and a current ratio of 1.52. The firm has a fifty day simple moving average of GBX 50.71 and a two-hundred day simple moving average of GBX 37.70. Victoria has a 52-week low of GBX 19.48 and a 52-week high of GBX 111.

Analysts Set New Price Targets

Separately, Berenberg Bank increased their price objective on shares of Victoria from GBX 60 to GBX 100 and gave the company a “buy” rating in a research report on Friday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 100.

About Victoria

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories.

Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.