VP (LON:VP) Posts Quarterly Earnings Results

VP (LON:VP) released its quarterly earnings data on Thursday. The company reported GBX 33 EPS for the quarter, Digital Look Earnings reports. VP had a negative net margin of 1.46% and a negative return on equity of 3.50%.

VP Stock Up 0.4%

VP stock opened at GBX 550 on Thursday. The company has a debt-to-equity ratio of 135.10, a current ratio of 1.48 and a quick ratio of 1.08. The stock has a market capitalization of £217.04 million, a P/E ratio of -40.35 and a beta of 0.75. VP has a fifty-two week low of GBX 460 and a fifty-two week high of GBX 745. The business has a 50-day moving average of GBX 574.26 and a 200-day moving average of GBX 587.39.

Wall Street Analyst Weigh In

VP has been the subject of a number of research analyst reports. Shore Capital reissued a “buy” rating and issued a GBX 760 target price on shares of VP in a research note on Friday, October 10th. Berenberg Bank decreased their price objective on VP from GBX 905 to GBX 800 and set a “buy” rating for the company in a research report on Tuesday, September 2nd. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 780.

About VP

Vp plc provides equipment rental and associated services in the United Kingdom and internationally. The company engages in the rental of telescopic handlers and tracked access platforms for construction and housebuilding sites; rental of tools and specialist products to the industry and construction markets, as well as homeowners; and rental of safety, survey, communication, and test and measurement equipment.