Insider Buying: Victoria (LON:VCP) Insider Purchases £100,500 in Stock

Victoria PLC (LON:VCP) insider Geoff Wilding purchased 150,000 shares of the firm’s stock in a transaction dated Friday, July 24th. The shares were bought at an average price of GBX 67 per share, with a total value of £100,500.

Victoria Trading Up 6.9%

LON:VCP opened at GBX 71.60 on Thursday. The company has a current ratio of 1.45, a quick ratio of 0.79 and a debt-to-equity ratio of -174.85. The stock has a market capitalization of £82.59 million, a PE ratio of 0.03 and a beta of 0.43. The firm’s 50 day moving average is GBX 53.21 and its 200 day moving average is GBX 38.55. Victoria PLC has a 12 month low of GBX 19.48 and a 12 month high of GBX 111.

Victoria (LON:VCP) last posted its quarterly earnings data on Friday, July 24th. The company reported GBX (51.98) EPS for the quarter. Victoria had a negative net margin of 31.11% and a positive return on equity of 61.64%. Sell-side analysts expect that Victoria PLC will post 15.8739255 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Berenberg Bank increased their price target on Victoria from GBX 60 to GBX 100 and gave the stock a “buy” rating in a research note on Friday, July 24th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price 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.