Vistry Group (LON:VTY) Shares Break Above 50 Day Moving Average - Should You Sell?

Key Points

• Vistry Group shares climbed above their 50-day moving average, reaching GBX 278 and last trading at GBX 275.40 on unusually heavy volume. The 50-day average was GBX 261.13, while the 200-day average stood substantially higher at GBX 363.27.
• Analyst sentiment remains cautious: the stock carries an average “Reduce” rating, with two Buys, three Holds, and three Sells. Recent price targets included GBX 180 from RBC, GBX 252 from Berenberg, and GBX 272 from Jefferies.
• Vistry reported a quarterly loss of GBX 18.80 per share, alongside a negative 16.57% return on equity and a negative 14.73% net margin. Insider Alice Woodwark nevertheless purchased 8,305 shares for approximately £20,015.

Vistry Group PLC (LON:VTY - Get Free Report)'s share price passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of GBX 261.13 and traded as high as GBX 278. Vistry Group shares last traded at GBX 275.40, with a volume of 133,504,281 shares changing hands.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on VTY. Royal Bank Of Canada restated an "underperform" rating and issued a GBX 180 price target on shares of Vistry Group in a research report on Friday, September 18th. Berenberg Bank decreased their price objective on shares of Vistry Group from GBX 263 to GBX 252 and set a "hold" rating on the stock in a research report on Monday, September 28th. Finally, Jefferies Financial Group reissued a "hold" rating and issued a GBX 272 price objective on shares of Vistry Group in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Reduce" and an average price target of GBX 400.62.

Vistry Group Price Performance

The company has a debt-to-equity ratio of 30.07, a quick ratio of 0.56 and a current ratio of 2.36. The company has a 50-day moving average of GBX 261.13 and a 200-day moving average of GBX 363.27. The stock has a market capitalization of £867.14 million, a price-to-earnings ratio of -1.73, a P/E/G ratio of -0.20 and a beta of 1.91.

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 return on equity of 16.57% and a negative net margin of 14.73%. As a group, equities research analysts expect that Vistry Group PLC will post 108.46 earnings per share for the current fiscal year.

Insider Activity at Vistry Group

In other news, insider Alice Woodwark bought 8,305 shares of the business's stock in a transaction that occurred on Monday, October 5th. The stock was purchased at an average price of GBX 241 per share, with a total value of £20,015.05. 1.23% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.