Vertu Motors (LON:VTU) Releases Earnings Results

Vertu Motors (LON:VTU) announced its earnings results on Wednesday. The company reported GBX 5.80 earnings per share (EPS) 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 Trading Up 3.6%

LON:VTU traded up GBX 2.90 during mid-day trading on Wednesday, hitting GBX 84.10. The company had a trading volume of 1,178,135 shares, compared to its average volume of 691,672. Vertu Motors has a fifty-two week low of GBX 55 and a fifty-two week high of GBX 92.90. The business’s fifty day moving average is GBX 84.70 and its two-hundred day moving average is GBX 74.53. The company has a debt-to-equity ratio of 64.98, a quick ratio of 0.26 and a current ratio of 1.02. The firm has a market cap of £256.02 million, a P/E ratio of 19.60 and a beta of 0.80.

Wall Street Analysts Forecast Growth

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