Vistry Group PLC (LON:VTY) Stock Has Average Target Price of GBX 422.14 According to Analysts

Vistry Group PLC (LON:VTY) has been given an average rating of “Reduce” by the seven analysts that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 422.14.

VTY has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their price objective on shares of Vistry Group from GBX 430 to GBX 210 and set an “underweight” rating for the company in a research report on Monday, June 15th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 274 price objective on shares of Vistry Group in a research report on Friday. Finally, 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.

Vistry Group Price Performance

Shares of LON:VTY opened at GBX 257.18 on Monday. The company’s fifty day moving average is GBX 277.13 and its two-hundred day moving average is GBX 294.33. The company has a market cap of £817.46 million, a P/E ratio of 6.12, a price-to-earnings-growth ratio of -0.20 and a beta of 1.86. Vistry Group has a 12-month low of GBX 220 and a 12-month high of GBX 746.40. The company has a quick ratio of 0.56, a current ratio of 2.36 and a debt-to-equity ratio of 30.07.

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

Key Stories Impacting 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

Insider Activity at Vistry Group

In related news, insider Adam Daniels purchased 38,372 shares of Vistry Group stock in a transaction dated Wednesday, July 15th. The shares were acquired at an average cost of GBX 261 per share, for a total transaction of £100,150.92. Also, insider Paul Whetsell purchased 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 14th. The stock was purchased at an average price of GBX 253 per share, for a total transaction of £37,950. Corporate 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.