Vertu Motors (LON:VTU) Announces Earnings Results

Vertu Motors (LON:VTU) posted 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 return on equity of 4.05% and a net margin of 0.30%.

Vertu Motors Trading Up 0.8%

VTU opened at GBX 85.50 on Thursday. The company has a quick ratio of 0.26, a current ratio of 1.02 and a debt-to-equity ratio of 64.98. Vertu Motors has a 52 week low of GBX 55 and a 52 week high of GBX 92.90. The business’s 50 day moving average is GBX 84.70 and its two-hundred day moving average is GBX 74.69. The firm has a market cap of £260.28 million, a price-to-earnings ratio of 19.93 and a beta of 0.80.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “house stock” rating on shares of Vertu Motors in a research report on Wednesday, September 2nd. One investment analyst has rated the stock with a Buy rating. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 76.

About Vertu Motors

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.