Victorian Plumbing Group (LON:VIC) Shares Down 1.3% – Time to Sell?

Shares of Victorian Plumbing Group plc (LON:VICGet Free Report) dropped 1.3% during trading on Friday . The stock traded as low as GBX 75 and last traded at GBX 76. Approximately 218,254 shares were traded during mid-day trading, a decline of 21% from the average session volume of 276,841 shares. The stock had previously closed at GBX 77.

Analyst Upgrades and Downgrades

VIC has been the topic of several analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 115 price target on shares of Victorian Plumbing Group in a report on Tuesday, May 19th. Shore Capital Group reaffirmed a “buy” rating and set a GBX 100 price objective on shares of Victorian Plumbing Group in a report on Thursday, June 4th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 80 target price on shares of Victorian Plumbing Group in a research report on Wednesday, May 20th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 107.40.

Check Out Our Latest Stock Analysis on VIC

Victorian Plumbing Group Stock Performance

The company has a current ratio of 1.22, a quick ratio of 1.05 and a debt-to-equity ratio of 82.83. The firm has a market capitalization of £249.60 million, a price-to-earnings ratio of 18.54, a PEG ratio of 0.51 and a beta of 1.13. The stock has a fifty day moving average price of GBX 78.83 and a 200-day moving average price of GBX 78.33.

Victorian Plumbing Group (LON:VICGet Free Report) last announced its quarterly earnings results on Tuesday, May 19th. The company reported GBX 2.10 EPS for the quarter. Victorian Plumbing Group had a return on equity of 24.66% and a net margin of 4.75%.The business had revenue of £168.80 million for the quarter. As a group, analysts anticipate that Victorian Plumbing Group plc will post 5.980995 earnings per share for the current fiscal year.

Insider Activity at Victorian Plumbing Group

In other news, insider Daniel Barton sold 13,329 shares of the business’s stock in a transaction on Wednesday, July 15th. The shares were sold at an average price of GBX 77, for a total value of £10,263.33. Corporate insiders own 48.16% of the company’s stock.

About Victorian Plumbing Group

(Get Free Report)

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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