Victorian Plumbing Group (LON:VIC) Insider Daniel Barton Sells 54,000 Shares

Victorian Plumbing Group plc (LON:VIC) insider Daniel Barton sold 54,000 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of GBX 84, for a total value of £45,360.

Victorian Plumbing Group Trading Down 1.2%

VIC traded down GBX 1 on Thursday, reaching GBX 81.40. 865,799 shares of the company traded hands, compared to its average volume of 224,102. The company has a quick ratio of 1.05, a current ratio of 1.07 and a debt-to-equity ratio of 88.15. The company has a market cap of £267.20 million, a P/E ratio of 20.87, a price-to-earnings-growth ratio of 0.51 and a beta of 1.03. The firm has a fifty day simple moving average of GBX 79.67 and a two-hundred day simple moving average of GBX 73.64. Victorian Plumbing Group plc has a one year low of GBX 56.80 and a one year high of GBX 109.

Victorian Plumbing Group (LON:VIC) last issued its earnings results on Wednesday, December 3rd. The company reported GBX 4.20 earnings per share for the quarter. Victorian Plumbing Group had a return on equity of 10.60% and a net margin of 1.86%. As a group, equities research analysts expect that Victorian Plumbing Group plc will post 5.980995 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have commented on VIC. Deutsche Bank Aktiengesellschaft raised their price objective on Victorian Plumbing Group from GBX 70 to GBX 80 and gave the company a “hold” rating in a report on Wednesday, December 3rd. Canaccord Genuity Group reissued a “buy” rating and set a GBX 132 target price on shares of Victorian Plumbing Group in a report on Wednesday, December 3rd. Shore Capital Group reissued a “buy” rating and issued a GBX 90 price target on shares of Victorian Plumbing Group in a research note on Wednesday, December 3rd. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 125 target price on shares of Victorian Plumbing Group in a report on Wednesday, December 3rd. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 107.40.

Victorian Plumbing Group Company Profile

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.