On the Beach Group (LON:OTB) Insider Buys £17,798.38 in Stock

by · The Markets Daily

On the Beach Group plc (LON:OTB – Get Free Report) insider Jon Wormald bought 8,317 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was purchased at an average price of GBX 214 per share, with a total value of £17,798.38.

On the Beach Group Stock Up 1.1%

Shares of LON OTB opened at GBX 215.45 on Monday. On the Beach Group plc has a one year low of GBX 182 and a one year high of GBX 304.50. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.37 and a quick ratio of 0.83. The firm’s 50 day simple moving average is GBX 210.72 and its two-hundred day simple moving average is GBX 251.67. The stock has a market capitalization of £312.19 million, a P/E ratio of 14.27, a PEG ratio of 0.71 and a beta of 2.42.

On the Beach Group (LON:OTB – Get Free Report) last announced its quarterly earnings data on Tuesday, December 2nd. The company reported GBX 19 earnings per share for the quarter. On the Beach Group had a net margin of 8.66% and a return on equity of 8.73%. As a group, analysts expect that On the Beach Group plc will post 17.3349938 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on OTB. Peel Hunt reissued a “buy” rating and issued a GBX 350 price target on shares of On the Beach Group in a research note on Tuesday, December 2nd. Canaccord Genuity Group decreased their price objective on On the Beach Group from GBX 313 to GBX 293 and set a “buy” rating on the stock in a report on Thursday, September 25th. Berenberg Bank lowered their target price on On the Beach Group from GBX 330 to GBX 300 and set a “buy” rating for the company in a research note on Tuesday, November 11th. Shore Capital restated a “hold” rating on shares of On the Beach Group in a report on Tuesday, December 2nd. Finally, Panmure Gordon reaffirmed a “buy” rating and issued a GBX 300 price target on shares of On the Beach Group in a research note on Monday, November 24th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 303.

Check Out Our Latest Research Report on OTB

On the Beach Group Company Profile

(Get Free Report)

On the Beach is one of the UK’s largest online package holiday specialists with significant opportunities for growth. Founded in 2004 and listed on the London Stock Exchange in 2015, today over 1.7 million customers find, book and enjoy their perfect package holiday with us every single year.

Our innovative technology, low-cost base and strong customer-value proposition provides a structural challenge to legacy tour operators and online travel agents, as we continue disrupting the market.

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