Vistry Group (LON:VTY) Trading Down 12.2% – What’s Next?

Vistry Group PLC (LON:VTY)’s stock price fell 12.2% during trading on Monday . The company traded as low as GBX 249 and last traded at GBX 249. Approximately 7,073,211 shares changed hands during trading, a decline of 53% from the average daily volume of 15,037,994 shares. The stock had previously closed at GBX 283.60.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Jefferies Financial Group reissued a “hold” rating and issued a GBX 251 target price on shares of Vistry Group in a research note on Tuesday, June 16th. JPMorgan Chase & Co. lowered their price objective on Vistry Group from GBX 430 to GBX 210 and set an “underweight” rating on the stock in a research note on Monday, June 15th. Finally, Royal Bank Of Canada reissued an “underperform” rating and issued a GBX 180 target price on shares of Vistry Group in a report on Thursday, July 9th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of GBX 463.30.

Vistry Group Price Performance

The company has a debt-to-equity ratio of 17.93, a quick ratio of 0.56 and a current ratio of 2.52. The company’s 50 day moving average price is GBX 262.01 and its 200 day moving average price is GBX 388.44. The company has a market cap of £790.80 million, a price-to-earnings ratio of 5.93, a P/E/G ratio of -0.20 and a beta of 1.84.

Insider Transactions at Vistry Group

In other news, insider Paul Whetsell acquired 15,000 shares of the company’s stock in a transaction dated Tuesday, July 14th. The stock was bought at an average price of GBX 253 per share, with a total value of £37,950. Also, insider Adam Daniels bought 38,372 shares of the business’s stock in a transaction dated Wednesday, July 15th. The stock was purchased at an average price of GBX 261 per share, with a total value of £100,150.92. Over the last 90 days, insiders acquired 53,429 shares of company stock worth $13,825,254. Company insiders own 1.23% of the company’s stock.

Vistry Group Company Profile

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.