Vistry Group (LON:VTY) Issues Earnings Results

Vistry Group (LON:VTY) released its earnings results on Wednesday. The company reported GBX 55.90 ($0.72) earnings per share for the quarter, Digital Look Earnings reports. Vistry Group had a net margin of 6.90% and a return on equity of 7.69%.

Vistry Group Stock Down 6.7 %

Vistry Group stock opened at GBX 605 ($7.83) on Wednesday. The firm has a 50 day simple moving average of GBX 607.28 and a 200 day simple moving average of GBX 780.86. The company has a current ratio of 2.64, a quick ratio of 0.56 and a debt-to-equity ratio of 22.15. Vistry Group has a 1-year low of GBX 511 ($6.62) and a 1-year high of GBX 1,436 ($18.59). The firm has a market capitalization of £1.98 billion, a price-to-earnings ratio of 8.04, a P/E/G ratio of -0.20 and a beta of 2.14.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Berenberg Bank dropped their price objective on Vistry Group from GBX 750 ($9.71) to GBX 650 ($8.42) and set a “hold” rating on the stock in a research note on Thursday, January 2nd. JPMorgan Chase & Co. dropped their price target on Vistry Group from GBX 830 ($10.75) to GBX 690 ($8.93) and set a “neutral” rating on the stock in a research report on Thursday, December 5th.

Vistry Group Company Profile

Vistry Group is one of the UK’s leading homebuilders with a top tier housebuilder and leading Partnerships business. Our purpose is to develop sustainable new homes and communities across all sectors of the housing market through our leading brands, Bovis Homes, Linden Homes, Vistry Partnerships and Drew Smith.

Our housebuilding division operates across 13 business units, each with a regional office, which are developing hundreds of sites across England.