Victoria (LON:VCP) Releases Quarterly Earnings Results

Victoria (LON:VCP) announced its earnings results on Friday. The company reported GBX (51.98) EPS for the quarter, Digital Look Earnings reports. Victoria had a positive return on equity of 67.51% and a negative net margin of 21.45%.

Victoria Stock Down 7.6%

Shares of LON VCP opened at GBX 66.50 on Friday. The company has a debt-to-equity ratio of -317.63, a current ratio of 1.52 and a quick ratio of 0.79. The company has a market cap of £76.71 million, a P/E ratio of 0.02 and a beta of 0.43. Victoria has a 1 year low of GBX 19.48 and a 1 year high of GBX 111. The firm has a 50-day simple moving average of GBX 51.27 and a two-hundred day simple moving average of GBX 37.90.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised their price target on Victoria from GBX 60 to GBX 100 and gave the stock a “buy” rating in a research report on Friday. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 100.

About Victoria

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories.

Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.