Vertu Motors (LON:VTU) Announces Quarterly Earnings Results

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

Vertu Motors Stock Up 0.9%

LON:VTU opened at GBX 81.89 on Wednesday. The company has a quick ratio of 0.26, a current ratio of 1.02 and a debt-to-equity ratio of 64.98. The stock’s fifty day moving average is GBX 84.70 and its two-hundred day moving average is GBX 74.53. Vertu Motors has a 52 week low of GBX 55 and a 52 week high of GBX 92.90. The stock has a market capitalization of £249.31 million, a price-to-earnings ratio of 19.09 and a beta of 0.80.

Wall Street Analysts Forecast Growth

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 a consensus target price of GBX 76.

Vertu Motors Company Profile

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.