Vertu Motors (LON:VTU) Issues Quarterly Earnings Results

Vertu Motors (LON:VTU) posted its quarterly earnings results on Wednesday. The company reported GBX 4.62 earnings per share for the quarter, Digital Look Earnings reports. Vertu Motors had a return on equity of 4.55% and a net margin of 0.34%.The company had revenue of GBX 483.38 billion for the quarter.

Vertu Motors Price Performance

Vertu Motors stock opened at GBX 64.36 on Thursday. Vertu Motors has a 12-month low of GBX 55 and a 12-month high of GBX 67. The firm’s 50-day moving average is GBX 61.14 and its two-hundred day moving average is GBX 62.29. The company has a debt-to-equity ratio of 66.13, a current ratio of 1.02 and a quick ratio of 0.26. The stock has a market capitalization of £198.57 million, a P/E ratio of 13.49 and a beta of 0.76.

Analyst Upgrades and Downgrades

VTU has been the topic of a number of research analyst reports. Stifel Nicolaus cut their price objective on shares of Vertu Motors from GBX 78 to GBX 76 and set a “buy” rating on the stock in a report on Thursday, March 5th. Shore Capital Group restated a “house stock” rating on shares of Vertu Motors in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 76.

Vertu Motors Company Profile

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, Jeep, Kia, Volvo, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, MG, Nissan, Peugeot, Renault, SEAT, SKODA, Vauxhall, Ford, Mazda, and Toyota.