Vistry Group PLC (LON:VTY) Receives Average Recommendation of “Hold” from Brokerages

Shares of Vistry Group PLC (LON:VTY) have received a consensus recommendation of “Hold” from the nine research firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is GBX 579.56.

Several equities analysts have commented on VTY shares. JPMorgan Chase & Co. lowered their price objective on Vistry Group from GBX 640 to GBX 530 and set a “neutral” rating for the company in a research report on Tuesday, March 10th. Stifel Nicolaus upgraded shares of Vistry Group to a “buy” rating and decreased their price target for the stock from GBX 670 to GBX 610 in a research note on Thursday, March 5th. Royal Bank Of Canada lowered their price target on shares of Vistry Group from GBX 475 to GBX 385 and set a “buy” rating for the company in a research report on Thursday, March 5th. Deutsche Bank Aktiengesellschaft lowered shares of Vistry Group to a “hold” rating and dropped their price objective for the stock from GBX 803 to GBX 600 in a research note on Thursday, March 5th. Finally, Jefferies Financial Group upped their price objective on shares of Vistry Group from GBX 608 to GBX 659 and gave the stock a “hold” rating in a report on Monday, January 19th.

Vistry Group Price Performance

Shares of LON VTY opened at GBX 340.80 on Monday. Vistry Group has a 1 year low of GBX 325.80 and a 1 year high of GBX 746.40. The stock has a market capitalization of £1.09 billion, a P/E ratio of 30.43, a P/E/G ratio of -0.20 and a beta of 1.65. The company’s 50-day moving average is GBX 579.50 and its 200 day moving average is GBX 618.50. The company has a debt-to-equity ratio of 17.93, a current ratio of 2.52 and a quick ratio of 0.56.

Vistry Group (LON:VTY) last issued its quarterly earnings data on Wednesday, March 4th. The company reported GBX 59.30 EPS for the quarter. Vistry Group had a net margin of 3.82% and a return on equity of 4.20%. On average, sell-side analysts expect that Vistry Group will post 108.4606345 earnings per share for the current year.

Vistry Group announced that its Board of Directors has approved a share repurchase program on Monday, February 2nd that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In related news, insider Tim Lawlor sold 5,292 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of GBX 357, for a total transaction of £18,892.44. Also, insider Paul Whetsell acquired 6,000 shares of the stock in a transaction on Wednesday, March 4th. The shares were bought at an average price of GBX 474 per share, with a total value of £28,440. Insiders have purchased 6,082 shares of company stock worth $2,889,121 in the last 90 days. Insiders own 9.99% of the company’s stock.

About Vistry Group

Vistry Group is a leading homebuilder developing in partnership to deliver sustainable homes, communities, and social value, leaving a lasting legacy of places where people love to live.

Operating across 25 regions, we build homes for those who need them right across the UK. Our partners include Registered Providers, Local Authorities, Homes England and Private Rented Sector providers.

Our timber manufacturing capability, Vistry Works, is at the core of our strategy to deliver more quality homes, faster.

We sell homes on the open market through three respected brands: Bovis Homes, Linden Homes, and Countryside Homes.