Vistry Group (LON:VTY) Announces Earnings Results

Vistry Group (LON:VTY) posted its quarterly earnings results on Wednesday. The company reported GBX 55.90 ($0.72) earnings per share for the quarter, Digital Look Earnings reports. Vistry Group had a return on equity of 7.69% and a net margin of 6.90%.

Vistry Group Stock Performance

Shares of VTY stock opened at GBX 589 ($7.63) on Friday. Vistry Group has a 12 month low of GBX 511 ($6.62) and a 12 month high of GBX 1,436 ($18.59). The company’s fifty day simple moving average is GBX 607.56 and its 200-day simple moving average is GBX 769.59. The firm has a market cap of £1.93 billion, a PE ratio of 7.83, a P/E/G ratio of -0.20 and a beta of 2.14. The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Berenberg Bank lowered their price target on Vistry Group from GBX 750 ($9.71) to GBX 650 ($8.42) and set a “hold” rating for the company in a research note on Thursday, January 2nd. Royal Bank of Canada lifted their price target on shares of Vistry Group from GBX 475 ($6.15) to GBX 500 ($6.47) and gave the stock an “underperform” rating in a research report on Friday. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Vistry Group from GBX 830 ($10.75) to GBX 690 ($8.93) and set a “neutral” rating for the company in a research report on Thursday, December 5th.

Vistry Group Company Profile

Vistry Group is one of the UK’s leading homebuilders with a top tier housebuilder and leading Partnerships business. Our purpose is to develop sustainable new homes and communities across all sectors of the housing market through our leading brands, Bovis Homes, Linden Homes, Vistry Partnerships and Drew Smith.

Our housebuilding division operates across 13 business units, each with a regional office, which are developing hundreds of sites across England.