Vertu Motors (LON:VTU) Posts Earnings Results

Vertu Motors (LON:VTU) posted its quarterly 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 Stock Up 2.3%

Shares of VTU stock traded up GBX 1.87 during trading hours on Wednesday, hitting GBX 83.07. 807,011 shares of the company were exchanged, compared to its average volume of 689,807. The company has a market capitalization of £252.87 million, a PE ratio of 19.36 and a beta of 0.80. The company has a current ratio of 1.02, a quick ratio of 0.26 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 has a 50 day moving average of GBX 84.70 and a two-hundred day moving average of GBX 74.53.

Wall Street Analysts Forecast Growth

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