Vistry Group (LON:VTY) Reaches New 1-Year Low – Should You Sell?

Vistry Group PLC (LON:VTY) hit a new 52-week low on Monday . The company traded as low as GBX 250.20 and last traded at GBX 250.94, with a volume of 10865938 shares changing hands. The stock had previously closed at GBX 263.82.

Analyst Ratings Changes

A number of equities analysts recently weighed in on VTY shares. JPMorgan Chase & Co. decreased their price objective on Vistry Group from GBX 530 to GBX 430 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. Stifel Nicolaus raised Vistry Group to a “buy” rating and decreased their price objective for the company from GBX 670 to GBX 610 in a report on Thursday, March 5th. Bank of America decreased their price objective on Vistry Group from GBX 490 to GBX 350 and set an “underperform” rating on the stock in a report on Monday, March 30th. Jefferies Financial Group reissued a “hold” rating and set a GBX 511 price objective on shares of Vistry Group in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada decreased their price objective on Vistry Group from GBX 475 to GBX 385 and set a “buy” rating on the stock in a report on Thursday, March 5th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of GBX 531.80.

Vistry Group Trading Down 5.1%

The firm has a 50-day moving average of GBX 314.74 and a 200-day moving average of GBX 507.96. The company has a debt-to-equity ratio of 17.93, a quick ratio of 0.56 and a current ratio of 2.52. The firm has a market capitalization of £794.93 million, a P/E ratio of 5.96, a price-to-earnings-growth ratio of -0.20 and a beta of 1.88.

Insider Buying and Selling

In related news, insider Tim Lawlor sold 5,292 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of GBX 357, for a total transaction of £18,892.44. Also, insider Rob Woodward purchased 18,319 shares of Vistry Group stock in a transaction that occurred on Monday, April 20th. The shares were bought at an average price of GBX 353 per share, for a total transaction of £64,666.07. Insiders have purchased a total of 18,456 shares of company stock worth $6,512,073 in the last ninety days. 1.21% of the stock is owned by insiders.

About Vistry Group

Vistry Group is a leading homebuilder developing in partnership to deliver sustainable homes, communities, and social value, leaving a lasting legacy of places where people love to live.

Operating across 25 regions, we build homes for those who need them right across the UK. Our partners include Registered Providers, Local Authorities, Homes England and Private Rented Sector providers.

Our timber manufacturing capability, Vistry Works, is at the core of our strategy to deliver more quality homes, faster.

We sell homes on the open market through three respected brands: Bovis Homes, Linden Homes, and Countryside Homes.