Victorian Plumbing Group (LON:VIC) Stock Price Up 1.1% - Time to Buy?

Victorian Plumbing Group plc (LON:VIC - Get Free Report)'s share price rose 1.1% during trading on Tuesday . The company traded as high as GBX 78.20 ($1.06) and last traded at GBX 77.87 ($1.06). Approximately 313,803 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 905,142 shares. The stock had previously closed at GBX 77 ($1.04).

Analyst Upgrades and Downgrades

A number of research firms have issued reports on VIC. Canaccord Genuity Group restated a "buy" rating and issued a GBX 132 ($1.79) target price on shares of Victorian Plumbing Group in a report on Tuesday, February 25th. Berenberg Bank cut their price objective on shares of Victorian Plumbing Group from GBX 140 ($1.90) to GBX 125 ($1.69) and set a "buy" rating on the stock in a research report on Monday, May 19th. Finally, Shore Capital restated a "buy" rating on shares of Victorian Plumbing Group in a report on Tuesday, February 25th.

Victorian Plumbing Group Price Performance

The company has a market cap of £263.11 million, a P/E ratio of 47.86, a P/E/G ratio of 0.51 and a beta of 1.03. The company's 50-day moving average price is GBX 89.08 and its 200-day moving average price is GBX 96.04. The company has a debt-to-equity ratio of 88.15, a current ratio of 1.07 and a quick ratio of 1.05.

Victorian Plumbing Group (LON:VIC - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported GBX 1.90 ($0.03) EPS for the quarter. Victorian Plumbing Group had a return on equity of 10.60% and a net margin of 1.86%. As a group, sell-side analysts predict that Victorian Plumbing Group plc will post 5.980995 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Victorian Plumbing Group news, insider Daniel Barton bought 12,194 shares of the company's stock in a transaction dated Thursday, May 15th. The shares were purchased at an average price of GBX 82 ($1.11) per share, for a total transaction of £9,999.08 ($13,554.40). Corporate insiders own 62.35% of the company's stock.

Victorian Plumbing Group Company Profile

Victorian Plumbing is the UK's leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points. The Group's product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website. Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.