Victorian Plumbing Group (LON:VIC) Shares Down 1.1% - Time to Sell?

Victorian Plumbing Group plc (LON:VIC - Get Free Report) shares fell 1.1% on Wednesday . The stock traded as low as GBX 87.40 ($1.15) and last traded at GBX 88 ($1.16). 155,097 shares changed hands during trading, a decline of 73% from the average session volume of 574,267 shares. The stock had previously closed at GBX 89 ($1.17).

Wall Street Analysts Forecast Growth

VIC has been the subject of several research reports. Canaccord Genuity Group reissued a "buy" rating and set a GBX 132 ($1.74) price objective on shares of Victorian Plumbing Group in a report on Tuesday, February 25th. Shore Capital reaffirmed a "buy" rating on shares of Victorian Plumbing Group in a report on Tuesday, February 25th.

Victorian Plumbing Group Trading Up 2.2 %

The company has a 50-day moving average price of GBX 93.81 and a two-hundred day moving average price of GBX 102.01. The stock has a market cap of £317.99 million, a P/E ratio of 57.84, a P/E/G ratio of 0.51 and a beta of 1.03. The company has a current ratio of 1.07, a quick ratio of 1.05 and a debt-to-equity ratio of 88.15.

Victorian Plumbing Group (LON:VIC - Get Free Report) last posted its earnings results 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%. On average, research analysts expect that Victorian Plumbing Group plc will post 5.980995 EPS for the current fiscal year.

Victorian Plumbing Group Increases Dividend

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