Victoria (LON:VCP) Releases Earnings Results

Key Points

• Victoria PLC reported quarterly earnings of GBX 10.62 ($0.14) per share, with a negative net margin of 8.48% and a return on equity of -356.44%.
• The company's stock opened at GBX 80 ($1.08) and has seen a 12-month trading range between GBX 37 ($0.50) and GBX 185 ($2.49).
• Berenberg Bank has reiterated a "buy" rating for Victoria, setting a price target of GBX 170 ($2.28) for its shares.

Victoria (LON:VCP - Get Free Report) announced its quarterly earnings results on Thursday. The company reported GBX (10.62) (($0.14)) EPS for the quarter, Digital Look Earnings reports. Victoria had a negative net margin of 8.48% and a negative return on equity of 356.44%.

Victoria Stock Performance

Shares of Victoria stock remained flat at GBX 79.20 ($1.06) on Wednesday. 336,611 shares of the stock were exchanged, compared to its average volume of 696,639. The stock has a market cap of £90.66 million, a price-to-earnings ratio of -0.85 and a beta of 0.98. Victoria has a 12 month low of GBX 37 ($0.49) and a 12 month high of GBX 185 ($2.47). The firm's 50 day simple moving average is GBX 69.97 and its 200 day simple moving average is GBX 88.14. The company has a debt-to-equity ratio of -4,210.81, a quick ratio of 0.79 and a current ratio of 1.43.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 170 ($2.27) price objective on shares of Victoria in a research report on Thursday, July 24th.

About Victoria

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories. Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.