Victoria’s (VCP) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Victoria (LON:VCP) in a report released on Friday, MarketBeat reports. The brokerage currently has a GBX 100 price objective on the stock.

Victoria Stock Performance

Shares of VCP opened at GBX 56 on Friday. The company has a current ratio of 1.45, a quick ratio of 0.79 and a debt-to-equity ratio of -174.85. The company has a market cap of £64.81 million, a price-to-earnings ratio of -0.20 and a beta of 0.43. The business’s fifty day simple moving average is GBX 61.51 and its two-hundred day simple moving average is GBX 44.04. Victoria has a 12 month low of GBX 19.48 and a 12 month high of GBX 76.50.

Victoria (LON:VCP) last announced its quarterly earnings results on Friday, July 24th. The company reported GBX (51.98) earnings per share (EPS) for the quarter. Victoria had a negative net margin of 31.11% and a positive return on equity of 61.64%. Research analysts anticipate that Victoria will post 15.8739255 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Geoff Wilding purchased 150,000 shares of the firm’s stock in a transaction on Friday, July 24th. The stock was acquired at an average cost of GBX 67 per share, with a total value of £100,500. Corporate insiders own 40.95% of the company’s stock.

Victoria Company Profile

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.