Victorian Plumbing Group (LON:VIC) Shares Down 0.2% – What’s Next?

Shares of Victorian Plumbing Group plc (LON:VIC) traded down 0.2% during trading on Wednesday . The company traded as low as GBX 89.60 ($1.16) and last traded at GBX 91 ($1.17). 414,676 shares were traded during mid-day trading, a decline of 36% from the average session volume of 647,227 shares. The stock had previously closed at GBX 91.20 ($1.18).

Analyst Ratings Changes

VIC has been the topic of several recent analyst reports. Shore Capital reissued a “buy” rating on shares of Victorian Plumbing Group in a research note on Tuesday, February 25th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 132 ($1.70) target price on shares of Victorian Plumbing Group in a report on Tuesday, February 25th.

Victorian Plumbing Group Stock Performance

The company has a debt-to-equity ratio of 88.15, a current ratio of 1.07 and a quick ratio of 1.05. The company has a market cap of £313.27 million, a price-to-earnings ratio of 56.98, a price-to-earnings-growth ratio of 0.51 and a beta of 1.03. The stock has a 50-day moving average price of GBX 96.97 and a 200 day moving average price of GBX 103.27.

Victorian Plumbing Group (LON:VIC) last announced its earnings results on Wednesday, January 15th. The company reported GBX 1.80 ($0.02) EPS for the quarter. Victorian Plumbing Group had a net margin of 1.86% and a return on equity of 10.60%. As a group, analysts anticipate that Victorian Plumbing Group plc will post 5.980995 EPS for the current fiscal year.

Victorian Plumbing Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 7th. Investors of record on Thursday, February 6th were given a GBX 1.09 ($0.01) dividend. This is a boost from Victorian Plumbing Group’s previous dividend of $0.52. This represents a yield of 1.14%. The ex-dividend date was Thursday, February 6th. Victorian Plumbing Group’s payout ratio is currently 61.27%.

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.