Vertu Motors (LON:VTU) Issues Quarterly Earnings Results

Vertu Motors (LON:VTU) announced its quarterly earnings results on Wednesday. The company reported GBX 5.80 EPS for the quarter, Digital Look Earnings reports. Vertu Motors had a net margin of 0.30% and a return on equity of 4.05%.

Vertu Motors Price Performance

VTU stock opened at GBX 84.90 on Thursday. The company has a market capitalization of £258.45 million, a P/E ratio of 19.79 and a beta of 0.80. Vertu Motors has a twelve month low of GBX 55 and a twelve month high of GBX 92.90. The business has a 50 day simple moving average of GBX 84.70 and a 200-day simple moving average of GBX 74.69. The company has a current ratio of 1.02, a quick ratio of 0.26 and a debt-to-equity ratio of 64.98.

Analysts Set New Price Targets

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Vertu Motors in a research report on Wednesday, September 2nd. One investment analyst has rated the stock with a Buy rating. According to MarketBeat, Vertu Motors presently has a consensus rating of “Buy” and an average target price of GBX 76.

About Vertu Motors

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.