Vistry Group (LON:VTY) Reaches New 1-Year Low - What's Next?

Key Points

• Vistry Group shares hit a new 52-week low of GBX 220, down from the prior close of GBX 224.60, with more than 1.25 million shares traded.
• Analyst sentiment remains cautious: the stock has a consensus “Reduce” rating, with two Buy, three Hold and three Sell ratings. Recent target-price changes include JPMorgan cutting its target to GBX 210 and RBC maintaining an Underperform rating with a GBX 180 target.
• The company reported a quarterly loss of GBX 18.80 per share, alongside a negative net margin of 14.73% and negative return on equity of 16.57%; however, insiders recently bought 69,975 shares.

Vistry Group PLC (LON:VTY - Get Free Report) reached a new 52-week low during trading on Thursday. The company traded as low as GBX 220 and last traded at GBX 220.93, with a volume of 1255157 shares trading hands. The stock had previously closed at GBX 224.60.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Jefferies Financial Group reissued a "hold" rating and issued a GBX 274 target price on shares of Vistry Group in a research report on Friday, September 25th. Royal Bank Of Canada reaffirmed an "underperform" rating and set a GBX 180 price target on shares of Vistry Group in a research report on Friday, September 18th. Berenberg Bank decreased their price target on Vistry Group from GBX 263 to GBX 252 and set a "hold" rating for the company in a research note on Monday, September 28th. Finally, JPMorgan Chase & Co. lowered their price objective on Vistry Group from GBX 430 to GBX 210 and set an "underweight" rating for the company in a report on Monday, June 15th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce" and an average target price of GBX 400.88.

Vistry Group Stock Performance

The company's 50-day moving average is GBX 272.61 and its two-hundred day moving average is GBX 285.36. The stock has a market capitalization of £699.31 million, a P/E ratio of -1.39, a P/E/G ratio of -0.20 and a beta of 1.86. The company has a current ratio of 2.36, a quick ratio of 0.56 and a debt-to-equity ratio of 30.07.

Vistry Group (LON:VTY - Get Free Report) last released its quarterly earnings results on Thursday, September 24th. The company reported GBX (18.80) earnings per share for the quarter. Vistry Group had a negative net margin of 14.73% and a negative return on equity of 16.57%. As a group, sell-side analysts anticipate that Vistry Group PLC will post 108.4606345 EPS for the current fiscal year.

Insider Buying and Selling at Vistry Group

In other Vistry Group news, insider Paul Whetsell bought 15,000 shares of the business's stock in a transaction on Tuesday, July 14th. The shares were purchased at an average price of GBX 253 per share, with a total value of £37,950. Also, insider Adam Daniels purchased 38,372 shares of Vistry Group stock in a transaction on Wednesday, July 15th. The shares were acquired at an average price of GBX 261 per share, with a total value of £100,150.92. Insiders have acquired 69,975 shares of company stock valued at $17,811,415 in the last quarter. Corporate insiders own 1.23% of the company's stock.

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.

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