Victoria (LON:VCP) Posts Quarterly Earnings Results

Victoria (LON:VCP) issued its quarterly earnings data on Friday. The company reported GBX (51.98) earnings per share for the quarter, Digital Look Earnings reports. Victoria had a positive return on equity of 67.51% and a negative net margin of 21.45%.

Victoria Stock Down 8.7%

LON VCP traded down GBX 6.30 on Friday, hitting GBX 65.70. The stock had a trading volume of 650,247 shares, compared to its average volume of 450,331. The business’s fifty day moving average price is GBX 50.71 and its 200 day moving average price is GBX 37.70. The stock has a market cap of £75.79 million, a price-to-earnings ratio of 0.02 and a beta of 0.43. The company has a debt-to-equity ratio of -317.63, a current ratio of 1.52 and a quick ratio of 0.79. Victoria has a 52-week low of GBX 19.48 and a 52-week high of GBX 111.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank boosted their target price on shares of Victoria from GBX 60 to GBX 100 and gave the stock a “buy” rating in a report on Friday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 100.

Victoria Company Profile

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.