Key Points
- Vertu Motors insider Karen Anderson sold 524,839 shares on May 13 at an average price of GBX 65, totaling about £341,145.
- The stock was trading slightly lower, opening at GBX 64.30, near its 52-week range of GBX 55 to GBX 67, with a market cap of about £198.38 million.
- Analysts remain constructive on the company, with a consensus Buy rating and a GBX 76 target price, even after Stifel trimmed its target from GBX 78 to GBX 76.
Vertu Motors plc (LON:VTU - Get Free Report) insider Karen Anderson sold 524,839 shares of Vertu Motors stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of GBX 65, for a total value of £341,145.35.
Vertu Motors Trading Down 0.3%
Shares of Vertu Motors stock opened at GBX 64.30 on Friday. The business has a fifty day simple moving average of GBX 61.23 and a 200-day simple moving average of GBX 62.30. Vertu Motors plc has a fifty-two week low of GBX 55 and a fifty-two week high of GBX 67. The firm has a market cap of £198.38 million, a price-to-earnings ratio of 13.48 and a beta of 0.66. The company has a quick ratio of 0.26, a current ratio of 1.02 and a debt-to-equity ratio of 64.98.
Vertu Motors (LON:VTU - Get Free Report) last released its earnings results on Wednesday, May 13th. The company reported GBX 4.62 earnings per share (EPS) for the quarter. Vertu Motors had a return on equity of 4.05% and a net margin of 0.30%.The firm had revenue of GBX 483.38 billion for the quarter. On average, equities analysts forecast that Vertu Motors plc will post 8.9391576 EPS for the current fiscal year.
Analysts Set New Price Targets
VTU has been the subject of a number of research reports. Stifel Nicolaus reduced their target price on shares of Vertu Motors from GBX 78 to GBX 76 and set a "buy" rating for the company in a report on Thursday, March 5th. Shore Capital Group reiterated a "house stock" rating on shares of Vertu Motors in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of GBX 76.
Read Our Latest Stock Analysis on Vertu Motors
About Vertu Motors
(
Get Free Report)
Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, Jeep, Kia, Volvo, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, MG, Nissan, Peugeot, Renault, SEAT, SKODA, Vauxhall, Ford, Mazda, and Toyota.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
