Victorian Plumbing Group (LON:VIC) Posts Quarterly Earnings Results

Victorian Plumbing Group (LON:VICGet Free Report) announced its quarterly earnings data on Tuesday. The company reported GBX 2.10 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of £168.80 million for the quarter. Victorian Plumbing Group had a net margin of 4.21% and a return on equity of 22.57%.

Victorian Plumbing Group Stock Performance

Victorian Plumbing Group stock opened at GBX 75 on Tuesday. The firm’s 50 day simple moving average is GBX 74.63 and its 200-day simple moving average is GBX 76.26. The company has a market cap of £246.24 million, a P/E ratio of 19.23, a price-to-earnings-growth ratio of 0.51 and a beta of 1.14. The company has a debt-to-equity ratio of 84.32, a current ratio of 1.25 and a quick ratio of 1.05. Victorian Plumbing Group has a fifty-two week low of GBX 56.80 and a fifty-two week high of GBX 90.

Insider Buying and Selling at Victorian Plumbing Group

In other news, insider Daniel Barton sold 54,000 shares of Victorian Plumbing Group stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of GBX 84, for a total value of £45,360. 48.16% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 125 price objective on shares of Victorian Plumbing Group in a research note on Thursday, April 2nd. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 107.40.

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About Victorian Plumbing Group

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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.

Further Reading

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