Victorian Plumbing Group (LON:VIC) Shares Down 0.2% - What's Next?

Victorian Plumbing Group plc (LON:VIC - Get Free Report)'s stock price dropped 0.2% on Wednesday . The stock traded as low as GBX 89.60 ($1.16) and last traded at GBX 91 ($1.17). Approximately 414,676 shares changed hands during trading, a decline of 36% from the average daily volume of 647,227 shares. The stock had previously closed at GBX 91.20 ($1.18).

Wall Street Analysts Forecast Growth

A number of research firms recently commented on VIC. Shore Capital reiterated a "buy" rating on shares of Victorian Plumbing Group in a report on Tuesday, February 25th. Canaccord Genuity Group reiterated a "buy" rating and set a GBX 132 ($1.70) price objective on shares of Victorian Plumbing Group in a research report on Tuesday, February 25th.

Victorian Plumbing Group Stock Up 1.3 %

The business's 50 day simple moving average is GBX 96.97 and its 200 day simple moving average is GBX 103.27. The company has a market capitalization of £313.27 million, a PE ratio of 56.98, a price-to-earnings-growth ratio of 0.51 and a beta of 1.03. The company has a quick ratio of 1.05, a current ratio of 1.07 and a debt-to-equity ratio of 88.15.

Victorian Plumbing Group (LON:VIC - Get Free Report) last posted its quarterly earnings data on Wednesday, January 15th. The company reported GBX 1.80 ($0.02) EPS for the quarter. Victorian Plumbing Group had a net margin of 1.86% and a return on equity of 10.60%. As a group, analysts forecast that Victorian Plumbing Group plc will post 5.980995 EPS for the current year.

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Victorian Plumbing Group Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 7th. Stockholders of record on Thursday, February 6th were issued a dividend of GBX 1.09 ($0.01) per share. This is an increase from Victorian Plumbing Group's previous dividend of $0.52. The ex-dividend date was Thursday, February 6th. This represents a dividend yield of 1.14%. Victorian Plumbing Group's payout ratio is currently 61.27%.

About Victorian Plumbing Group

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.