Vertu Motors (LON:VTU) Announces Quarterly Earnings Results

Vertu Motors (LON:VTU) posted its earnings results on Wednesday. The company reported GBX 5.80 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Vertu Motors had a net margin of 0.37% and a return on equity of 5.00%.

Vertu Motors Stock Performance

Vertu Motors stock traded down GBX 0.50 during mid-day trading on Friday, reaching GBX 85. The company’s stock had a trading volume of 541,368 shares, compared to its average volume of 695,179. Vertu Motors has a 12-month low of GBX 55 and a 12-month high of GBX 92.90. The company has a market capitalization of £258.76 million, a P/E ratio of 19.81 and a beta of 0.80. The company has a debt-to-equity ratio of 62.19, a quick ratio of 0.26 and a current ratio of 1.03. The firm’s fifty day moving average price is GBX 84.71 and its two-hundred day moving average price is GBX 74.85.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Vertu Motors in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 76.

Vertu Motors Company Profile

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, Jeep, Kia, Volvo, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, MG, Nissan, Peugeot, Renault, SEAT, SKODA, Vauxhall, Ford, Mazda, and Toyota.