Whitbread (LON:WTB) Insider Richard Gillingwater Purchases 500 Shares of Stock

Whitbread plc (LON:WTB) insider Richard Gillingwater purchased 500 shares of the company’s stock in a transaction that occurred on Tuesday, October 21st. The stock was purchased at an average price of GBX 2,974 per share, for a total transaction of £14,870.

Whitbread Stock Performance

Shares of Whitbread stock opened at GBX 3,057 on Wednesday. The stock has a market cap of £5.27 billion, a price-to-earnings ratio of 21.74, a PEG ratio of -3.09 and a beta of 1.11. The firm’s 50-day moving average is GBX 3,145.83 and its 200 day moving average is GBX 2,938.35. Whitbread plc has a 1 year low of GBX 2,253 and a 1 year high of GBX 3,352. The company has a debt-to-equity ratio of 33.18, a current ratio of 0.96 and a quick ratio of 1.74.

Whitbread (LON:WTB) last announced its quarterly earnings results on Thursday, October 16th. The company reported GBX 133.70 earnings per share (EPS) for the quarter. Whitbread had a net margin of 8.08% and a return on equity of 6.83%. Sell-side analysts anticipate that Whitbread plc will post 227.1851852 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on WTB. Peel Hunt restated a “buy” rating and set a GBX 3,500 target price on shares of Whitbread in a research note on Thursday, October 16th. JPMorgan Chase & Co. upped their target price on shares of Whitbread from GBX 2,800 to GBX 2,900 and gave the company a “neutral” rating in a research note on Friday, October 17th. Citigroup upped their target price on shares of Whitbread from GBX 3,600 to GBX 3,800 and gave the company a “buy” rating in a research note on Thursday, August 21st. Shore Capital restated a “buy” rating on shares of Whitbread in a research note on Thursday, October 16th. Finally, Berenberg Bank lowered their target price on shares of Whitbread from GBX 3,900 to GBX 3,500 and set a “buy” rating on the stock in a research note on Wednesday, July 9th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Whitbread presently has a consensus rating of “Moderate Buy” and an average target price of GBX 3,425.

About Whitbread

Whitbread is the owner of Premier Inn, the UK’s biggest
hotel brand, with 86,000 rooms in over 850 hotels
and a growing presence in Germany with 10,500 rooms in
59 hotels, offering quality accommodation at affordable
prices in great locations.

People are at the heart of our business. We employ over
38,000 team members in over 900 Premier Inn hotels
across the UK and Germany.