Vertu Motors (LON:VTU) Issues Earnings Results

Vertu Motors (LON:VTU) released its quarterly earnings results on Wednesday. The company reported GBX 5.80 earnings per share 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

LON:VTU traded down GBX 0.03 during mid-day trading on Friday, hitting GBX 85.47. 857,574 shares of the stock were exchanged, compared to its average volume of 696,752. Vertu Motors has a fifty-two week low of GBX 55 and a fifty-two week high of GBX 92.90. 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 stock has a market capitalization of £260.20 million, a price-to-earnings ratio of 19.92 and a beta of 0.80. The firm’s 50-day simple moving average is GBX 84.71 and its 200 day simple moving average is GBX 74.85.

Wall Street Analyst Weigh In

Separately, Shore Capital Group restated a “house stock” rating on shares of Vertu Motors in a report on Wednesday, September 2nd. One analyst has rated the stock with a Buy rating. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target 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.