Vertu Motors (LON:VTU) Posts Quarterly Earnings Results

Vertu Motors (LON:VTU) issued its quarterly earnings results on Wednesday. The company reported GBX 4.62 earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 483.38 billion during the quarter. Vertu Motors had a return on equity of 4.55% and a net margin of 0.34%.

Vertu Motors Price Performance

LON:VTU traded down GBX 2.17 during trading hours on Wednesday, reaching GBX 63.34. 3,501,046 shares of the company’s stock were exchanged, compared to its average volume of 586,349. The company has a market capitalization of £195.40 million, a P/E ratio of 13.28 and a beta of 0.76. Vertu Motors has a 12 month low of GBX 55 and a 12 month high of GBX 67. The business’s 50-day simple moving average is GBX 61.06 and its two-hundred day simple moving average is GBX 62.28. The company has a quick ratio of 0.26, a current ratio of 1.02 and a debt-to-equity ratio of 66.13.

Wall Street Analysts Forecast Growth

VTU has been the topic of several research analyst reports. Shore Capital Group restated a “house stock” rating on shares of Vertu Motors in a research note on Wednesday. Stifel Nicolaus dropped their target price on shares of Vertu Motors from GBX 78 to GBX 76 and set a “buy” rating on the stock in a report on Thursday, March 5th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Vertu Motors has an average rating of “Buy” and an average price target of GBX 76.

Vertu Motors Company Profile

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, Jeep, Kia, Volvo, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, MG, Nissan, Peugeot, Renault, SEAT, SKODA, Vauxhall, Ford, Mazda, and Toyota.