VP (LON:VP – Get Free Report) released its quarterly earnings results on Wednesday. The company reported GBX 54.50 EPS for the quarter, Digital Look Earnings reports. VP had a net margin of 2.12% and a return on equity of 5.34%. The company had revenue of £358.27 million for the quarter.
VP Stock Up 1.8%
VP opened at GBX 461 on Wednesday. VP has a fifty-two week low of GBX 460 and a fifty-two week high of GBX 745. The company has a debt-to-equity ratio of 166.22, a current ratio of 1.14 and a quick ratio of 1.08. The firm’s fifty day moving average price is GBX 468.72 and its two-hundred day moving average price is GBX 498.05. The company has a market capitalization of £181.92 million, a P/E ratio of -33.82 and a beta of 0.36.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on VP. Shore Capital Group reissued an “under review” rating on shares of VP in a research report on Friday, April 17th. Berenberg Bank reissued a “buy” rating and issued a GBX 600 price target on shares of VP in a report on Wednesday. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 686.67.
Insiders Place Their Bets
In other VP news, insider Keith Winstanley purchased 3,231 shares of the firm’s stock in a transaction on Wednesday, March 18th. The shares were purchased at an average price of GBX 464 per share, for a total transaction of £14,991.84. 57.50% of the stock is owned by corporate insiders.
About VP
Vp plc provides equipment rental and associated services in the United Kingdom and internationally. The company engages in the rental of telescopic handlers and tracked access platforms for construction and housebuilding sites; rental of tools and specialist products to the industry and construction markets, as well as homeowners; and rental of safety, survey, communication, and test and measurement equipment. It also rents excavation support systems and specialist products to the water, civil engineering, and construction industries; provides portable roadways and temporary access solutions to customers in the transmission, construction, rail, and outdoor events markets; offers mechanical and electrical press fittings, and low level access platforms to the construction, fit out, mechanical, and electrical markets; and supplies rail infrastructure portable plants and related trackside services to Network Rail and London Underground, as well as their appointed track renewal, maintenance, and project contractors.
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