Insider Buying: Victoria (LON:VCP) Insider Buys 100,000 Shares

Victoria PLC (LON:VCP) insider Geoff Wilding purchased 100,000 shares of Victoria stock in a transaction dated Friday, July 31st. The stock was acquired at an average cost of GBX 69 per share, with a total value of £69,000.

Geoff Wilding also recently made the following trade(s):

• On Friday, July 24th, Geoff Wilding acquired 150,000 shares of Victoria stock. The stock was acquired at an average price of GBX 67 per share, for a total transaction of £100,500.

Victoria Stock Performance

Victoria stock opened at GBX 68.90 on Monday. The company has a debt-to-equity ratio of -174.85, a quick ratio of 0.79 and a current ratio of 1.45. The company has a market capitalization of £79.48 million, a price-to-earnings ratio of 0.02 and a beta of 0.43. Victoria PLC has a fifty-two week low of GBX 19.48 and a fifty-two week high of GBX 111. The stock has a fifty day moving average of GBX 54.37 and a two-hundred day moving average of GBX 38.96.

Victoria (LON:VCP) last issued its quarterly earnings results on Friday, July 24th. The company reported GBX (51.98) earnings per share (EPS) for the quarter. Victoria had a positive return on equity of 61.64% and a negative net margin of 31.11%. On average, analysts anticipate that Victoria PLC will post 15.8739255 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upped their target price on Victoria from GBX 60 to GBX 100 and gave the company a “buy” rating in a report on Friday, July 24th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Victoria has a consensus rating of “Buy” and a consensus price target of GBX 100.

About Victoria

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories.

Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.