Vistry Group PLC (LON:VTY) Receives Average Rating of “Hold” from Analysts

Vistry Group PLC (LON:VTY) has earned a consensus recommendation of “Hold” from the ten research firms that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 541.80.

VTY has been the subject of a number of research analyst reports. Royal Bank Of Canada reduced their price objective on shares of Vistry Group from GBX 475 to GBX 385 and set a “buy” rating for the company in a research report on Thursday, March 5th. Stifel Nicolaus raised shares of Vistry Group to a “buy” rating and reduced their price objective for the stock from GBX 670 to GBX 610 in a research report on Thursday, March 5th. JPMorgan Chase & Co. reduced their price objective on shares of Vistry Group from GBX 640 to GBX 530 and set a “neutral” rating for the company in a research report on Tuesday, March 10th. Bank of America reduced their price objective on shares of Vistry Group from GBX 490 to GBX 350 and set an “underperform” rating for the company in a research report on Monday, March 30th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Vistry Group to a “hold” rating and reduced their price objective for the stock from GBX 803 to GBX 600 in a research report on Thursday, March 5th.

Vistry Group Trading Down 5.6%

VTY stock opened at GBX 264.60 on Tuesday. The company has a debt-to-equity ratio of 17.93, a current ratio of 2.52 and a quick ratio of 0.56. The company has a fifty day moving average price of GBX 347.97 and a two-hundred day moving average price of GBX 544.72. Vistry Group has a one year low of GBX 260.60 and a one year high of GBX 746.40. The stock has a market cap of £840.90 million, a price-to-earnings ratio of 6.30, a price-to-earnings-growth ratio of -0.20 and a beta of 1.88.

Vistry Group (LON:VTY) last released its quarterly earnings data on Wednesday, March 4th. The company reported GBX 59.30 EPS for the quarter. Vistry Group had a net margin of 3.82% and a return on equity of 4.20%. Equities analysts anticipate that Vistry Group will post 108.4606345 EPS for the current year.

Vistry Group declared that its board has approved a share buyback program on Monday, February 2nd that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity at Vistry Group

In other news, insider Tim Lawlor sold 5,292 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of GBX 357, for a total value of £18,892.44. Also, insider Rob Woodward bought 18,319 shares of Vistry Group stock in a transaction dated Monday, April 20th. The stock was acquired at an average cost of GBX 353 per share, with a total value of £64,666.07. In the last three months, insiders bought 24,399 shares of company stock valued at $9,340,911. 9.99% of the stock is owned by company insiders.

Vistry Group Company Profile

Vistry Group is a leading homebuilder developing in partnership to deliver sustainable homes, communities, and social value, leaving a lasting legacy of places where people love to live.

Operating across 25 regions, we build homes for those who need them right across the UK. Our partners include Registered Providers, Local Authorities, Homes England and Private Rented Sector providers.

Our timber manufacturing capability, Vistry Works, is at the core of our strategy to deliver more quality homes, faster.

We sell homes on the open market through three respected brands: Bovis Homes, Linden Homes, and Countryside Homes.