Vistry Group (LON:VTY) Stock Keeps “Hold” Rating at Jefferies Financial Group

Vistry Group (LON:VTY)‘s stock had its “hold” rating reaffirmed by analysts at Jefferies Financial Group in a report released on Friday, Digital Look reports. They presently have a GBX 274 price target on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 6.54% from the stock’s current price.

VTY has been the topic of a number of other reports. JPMorgan Chase & Co. lowered their price target on Vistry Group from GBX 430 to GBX 210 and set an “underweight” rating on the stock in a research report on Monday, June 15th. Royal Bank Of Canada reissued an “underperform” rating and set a GBX 180 price objective on shares of Vistry Group in a report on Friday, September 18th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Vistry Group presently has a consensus rating of “Reduce” and an average target price of GBX 422.14.

Vistry Group Stock Performance

VTY stock opened at GBX 257.18 on Friday. Vistry Group has a 1-year low of GBX 220 and a 1-year high of GBX 746.40. The firm has a market cap of £817.46 million, a P/E ratio of 6.12, a P/E/G ratio of -0.20 and a beta of 1.86. The business’s 50 day moving average is GBX 277.13 and its 200-day moving average is GBX 293.40. The company has a current ratio of 2.36, a quick ratio of 0.56 and a debt-to-equity ratio of 30.07.

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

Insider Buying and Selling

In other Vistry Group news, insider Adam Daniels purchased 38,372 shares of the firm’s stock in a transaction that occurred on 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 acquired 15,000 shares of the business’s stock in a transaction on Tuesday, July 14th. The stock was acquired at an average price of GBX 253 per share, with a total value of £37,950. 1.23% of the stock is owned by corporate insiders.

Vistry Group News Summary

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

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.