Vertu Motors (LON:VTU) Announces Earnings Results

Vertu Motors (LON:VTU) announced 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 return on equity of 5.00% and a net margin of 0.37%.

Vertu Motors Stock Performance

Vertu Motors stock opened at GBX 85.42 on Friday. Vertu Motors has a 1-year low of GBX 55 and a 1-year high of GBX 92.90. The firm has a 50 day simple moving average of GBX 84.71 and a 200-day simple moving average of GBX 74.85. The stock has a market cap of £260.05 million, a price-to-earnings ratio of 19.91 and a beta of 0.80. The company has a debt-to-equity ratio of 62.19, a current ratio of 1.03 and a quick ratio of 0.26.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group restated 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 currently 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.