Vistry Group (LON:VTY) Reaches New 12-Month Low – What’s Next?

Vistry Group PLC (LON:VTY)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 234.20 and last traded at GBX 237.66, with a volume of 30308150 shares traded. The stock had previously closed at GBX 241.60.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. JPMorgan Chase & Co. dropped their price objective on Vistry Group from GBX 530 to GBX 430 and set a “neutral” rating for the company in a research note on Tuesday, May 19th. Stifel Nicolaus upgraded Vistry Group to a “buy” rating and decreased their target price for the stock from GBX 670 to GBX 610 in a research report on Thursday, March 5th. Deutsche Bank Aktiengesellschaft lowered Vistry Group to a “hold” rating and lowered their target price for the company from GBX 803 to GBX 600 in a report on Thursday, March 5th. Bank of America cut their price target on Vistry Group from GBX 490 to GBX 350 and set an “underperform” rating for the company in a research note on Monday, March 30th. Finally, Royal Bank Of Canada reaffirmed an “underperform” rating and set a GBX 180 price target on shares of Vistry Group in a research note on Wednesday, June 10th. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of GBX 511.30.

Vistry Group Price Performance

The company has a debt-to-equity ratio of 17.93, a quick ratio of 0.56 and a current ratio of 2.52. The company has a 50-day moving average of GBX 305.25 and a 200-day moving average of GBX 495.34. The stock has a market capitalization of £754.80 million, a price-to-earnings ratio of 5.66, a P/E/G ratio of -0.20 and a beta of 1.85.

Insider Transactions at Vistry Group

In related news, insider Tim Lawlor sold 5,292 shares of the stock in a transaction on Friday, March 20th. The stock was sold at an average price of GBX 357, for a total transaction of £18,892.44. Also, insider Greg Fitzgerald sold 34,642 shares of Vistry Group stock in a transaction dated Friday, March 20th. The stock was sold at an average price of GBX 357, for a total value of £123,671.94. Insiders purchased a total of 18,418 shares of company stock valued at $6,496,721 over the last three months. 1.21% of the stock is currently owned by insiders.

About Vistry Group

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.