Victorian Plumbing Group (LON:VIC) Shares Down 1.1% – Should You Sell?

Victorian Plumbing Group plc (LON:VIC) was down 1.1% on Wednesday . The company traded as low as GBX 87.40 ($1.14) and last traded at GBX 88 ($1.15). Approximately 155,097 shares changed hands during trading, a decline of 73% from the average daily volume of 574,267 shares. The stock had previously closed at GBX 89 ($1.16).

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Shore Capital reissued a “buy” rating on shares of Victorian Plumbing Group in a research note on Tuesday, February 25th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 132 ($1.73) price objective on shares of Victorian Plumbing Group in a research report on Tuesday, February 25th.

Victorian Plumbing Group Trading Up 0.4 %

The firm has a market capitalization of £311.25 million, a price-to-earnings ratio of 56.61, a price-to-earnings-growth ratio of 0.51 and a beta of 1.03. The business’s fifty day moving average is GBX 94.07 and its 200 day moving average is GBX 102.11. The company has a quick ratio of 1.05, a current ratio of 1.07 and a debt-to-equity ratio of 88.15.

Victorian Plumbing Group (LON:VIC) last released its quarterly earnings results on Wednesday, January 15th. The company reported GBX 1.80 ($0.02) earnings per share (EPS) for the quarter. Victorian Plumbing Group had a return on equity of 10.60% and a net margin of 1.86%. Equities analysts predict that Victorian Plumbing Group plc will post 5.980995 earnings per share for the current year.

Victorian Plumbing Group Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 7th. Investors of record on Thursday, February 6th were given a GBX 1.09 ($0.01) dividend. This represents a yield of 1.14%. The ex-dividend date was Thursday, February 6th. This is a positive change from Victorian Plumbing Group’s previous dividend of $0.52. Victorian Plumbing Group’s dividend payout ratio (DPR) is currently 61.27%.

About Victorian Plumbing Group

Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.

The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.