Victorian Plumbing Group (LON:VIC) Shares Down 0.2% – Should You Sell?

Victorian Plumbing Group plc (LON:VIC)’s share price fell 0.2% during trading on Wednesday . The stock traded as low as GBX 89.60 ($1.17) and last traded at GBX 91 ($1.18). 414,676 shares changed hands during trading, a decline of 36% from the average session volume of 647,227 shares. The stock had previously closed at GBX 91.20 ($1.19).

Analysts Set New Price Targets

Several research firms have recently commented on VIC. Canaccord Genuity Group restated a “buy” rating and set a GBX 132 ($1.72) price target on shares of Victorian Plumbing Group in a research note on Tuesday, February 25th. Shore Capital restated a “buy” rating on shares of Victorian Plumbing Group in a research note on Tuesday, February 25th.

Victorian Plumbing Group Trading Down 0.2 %

The firm has a market cap of £306.54 million, a PE ratio of 55.75, a PEG ratio of 0.51 and a beta of 1.03. The business has a 50-day moving average price of GBX 97.04 and a two-hundred day moving average price of GBX 103.35. The company has a debt-to-equity ratio of 88.15, a current ratio of 1.07 and a quick ratio of 1.05.

Victorian Plumbing Group (LON:VIC) last announced its quarterly earnings results on Wednesday, January 15th. The company reported GBX 1.80 ($0.02) earnings per share for the quarter. Victorian Plumbing Group had a return on equity of 10.60% and a net margin of 1.86%. Analysts forecast that Victorian Plumbing Group plc will post 5.980995 EPS for the current 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 paid a dividend of GBX 1.09 ($0.01) per share. The ex-dividend date of this dividend was Thursday, February 6th. This represents a dividend yield of 1.14%. This is a positive change from Victorian Plumbing Group’s previous dividend of $0.52. Victorian Plumbing Group’s dividend payout ratio (DPR) is presently 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.