Victorian Plumbing Group (LON:VIC) Given Buy Rating at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Victorian Plumbing Group (LON:VIC) in a research note published on Tuesday morning,London Stock Exchange reports.

Victorian Plumbing Group Trading Down 1.3 %

Shares of VIC opened at GBX 90.80 ($1.15) on Tuesday. 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 firm has a 50 day simple moving average of GBX 98.95 and a 200-day simple moving average of GBX 104.16. Victorian Plumbing Group has a 1-year low of GBX 74.80 ($0.95) and a 1-year high of GBX 124 ($1.57). The stock has a market cap of £305.86 million, a price-to-earnings ratio of 55.63, a price-to-earnings-growth ratio of 0.51 and a beta of 1.03.

Victorian Plumbing Group (LON:VIC) last issued its quarterly earnings data on Wednesday, January 15th. The company reported GBX 1.80 ($0.02) earnings per share for the quarter. Victorian Plumbing Group had a net margin of 1.86% and a return on equity of 10.60%. Equities analysts forecast that Victorian Plumbing Group will post 5.980995 EPS for the current fiscal year.

Victorian Plumbing Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 6th will be given a dividend of GBX 1.09 ($0.01) per share. The ex-dividend date of this dividend is Thursday, February 6th. This represents a yield of 1.14%. This is a positive change from Victorian Plumbing Group’s previous dividend of $0.52. Victorian Plumbing Group’s dividend payout ratio (DPR) is 61.27%.

Victorian Plumbing Group Company Profile

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.