Insider Selling: Victorian Plumbing Group (LON:VIC) Insider Sells 54,000 Shares of Stock

Victorian Plumbing Group plc (LON:VIC) insider Daniel Barton sold 54,000 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of GBX 84, for a total transaction of £45,360.

Victorian Plumbing Group Stock Performance

Shares of LON:VIC traded down GBX 1 on Thursday, reaching GBX 81.40. The company’s stock had a trading volume of 865,799 shares, compared to its average volume of 224,102. The stock’s 50-day moving average is GBX 79.67 and its two-hundred day moving average is GBX 73.64. Victorian Plumbing Group plc has a 52-week low of GBX 56.80 and a 52-week high of GBX 109. The company has a debt-to-equity ratio of 88.15, a current ratio of 1.07 and a quick ratio of 1.05. The stock has a market capitalization of £267.20 million, a P/E ratio of 20.87, a PEG ratio of 0.51 and a beta of 1.03.

Victorian Plumbing Group (LON:VIC) last posted its quarterly earnings data on Wednesday, December 3rd. The company reported GBX 4.20 EPS for the quarter. Victorian Plumbing Group had a return on equity of 10.60% and a net margin of 1.86%. As a group, sell-side analysts forecast that Victorian Plumbing Group plc will post 5.980995 EPS for the current year.

Analysts Set New Price Targets

VIC has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of Victorian Plumbing Group from GBX 70 to GBX 80 and gave the stock a “hold” rating in a report on Wednesday, December 3rd. Shore Capital Group reissued a “buy” rating and issued a GBX 90 price target on shares of Victorian Plumbing Group in a report on Wednesday, December 3rd. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 132 price objective on shares of Victorian Plumbing Group in a report on Wednesday, December 3rd. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 125 target price on shares of Victorian Plumbing Group in a report on Wednesday, December 3rd. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Victorian Plumbing Group presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 107.40.

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.