Vistry Group’s (VTY) “Hold” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their hold rating on shares of Vistry Group (LON:VTY) in a research note issued to investors on Friday,Digital Look reports. The brokerage currently has a GBX 274 price target on the stock.

A number of other research firms also recently issued reports on VTY. Royal Bank Of Canada reiterated an “underperform” rating and set a GBX 180 price target on shares of Vistry Group in a research note on Friday, September 18th. JPMorgan Chase & Co. dropped their target price on Vistry Group from GBX 430 to GBX 210 and set an “underweight” rating on the stock in a report on Monday, June 15th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Vistry Group currently has an average rating of “Reduce” and a consensus price target of GBX 422.14.

Vistry Group Trading Down 0.9%

Vistry Group stock opened at GBX 257.18 on Friday. The stock has a market capitalization of £817.46 million, a P/E ratio of 6.12, a PEG ratio of -0.20 and a beta of 1.86. The stock has a 50-day simple moving average of GBX 277.13 and a 200 day simple moving average of GBX 293.40. Vistry Group has a 52 week low of GBX 220 and a 52 week high of GBX 746.40. The company has a debt-to-equity ratio of 30.07, a quick ratio of 0.56 and a current ratio of 2.36.

Vistry Group (LON:VTY) last posted its earnings results on Thursday, September 24th. The company reported GBX (18.80) EPS for the quarter. Vistry Group had a negative return on equity of 16.57% and a negative net margin of 14.73%. Analysts expect that Vistry Group will post 108.4606345 earnings per share for the current year.

Insider Transactions at Vistry Group

In other news, insider Paul Whetsell purchased 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 14th. The shares were acquired at an average cost of GBX 253 per share, for a total transaction of £37,950. Also, insider Adam Daniels purchased 38,372 shares of the business’s stock in a transaction that occurred on Wednesday, July 15th. The shares were purchased at an average price of GBX 261 per share, for a total transaction of £100,150.92. 1.23% of the stock is owned by company insiders.

Trending Headlines about Vistry Group

Here are the key news stories impacting Vistry Group this week:

• Positive Sentiment: Jefferies reaffirmed its “hold” rating and set a GBX 274 price target, modestly above the recent trading level. This suggests the broker sees some potential recovery, although not enough to justify a bullish recommendation.
• Neutral Sentiment: Vistry is closing offices, reducing its building targets and reorganising operations as part of an overhaul. The moves could lower costs and conserve cash over time, but they also indicate a smaller business and weaker expected activity. Vistry shuts offices and cuts building targets in overhaul
• Negative Sentiment: Vistry reported a first-half loss of approximately £661 million, compared with a profit previously, and posted quarterly earnings per share of GBX (18.80). The results reflect significant pressure on profitability and asset values. Vistry Group Turns To H1 Loss; Cuts Annual Profit Outlook
• Negative Sentiment: The company cut its annual profit outlook and announced a major business rethink, increasing uncertainty around earnings, construction volumes and future shareholder returns. The shares remain substantially below their 12-month high, underscoring the loss of investor confidence. Vistry Group Unveils Business Overhaul Amid First-half Loss; Shares Plunge

About Vistry Group

Vistry Group is a leading homebuilder developing in partnership to deliver sustainable homes, communities, and social value, leaving a lasting legacy of places where people love to live.

Operating across 25 regions, we build homes for those who need them right across the UK. Our partners include Registered Providers, Local Authorities, Homes England and Private Rented Sector providers.

Our timber manufacturing capability, Vistry Works, is at the core of our strategy to deliver more quality homes, faster.

We sell homes on the open market through three respected brands: Bovis Homes, Linden Homes, and Countryside Homes.