On the Beach Group plc (LON:OTB) Given Average Recommendation of “Moderate Buy” by Brokerages

On the Beach Group plc (LON:OTB) has been given an average rating of “Moderate Buy” by the six analysts that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 303.

Several equities research analysts have issued reports on OTB shares. Shore Capital reiterated a “hold” rating on shares of On the Beach Group in a research note on Tuesday, December 2nd. Deutsche Bank Aktiengesellschaft lifted their target price on On the Beach Group from GBX 320 to GBX 345 and gave the company a “buy” rating in a research report on Tuesday, December 2nd. Panmure Gordon reissued a “buy” rating and set a GBX 300 price target on shares of On the Beach Group in a research report on Monday, November 24th. Canaccord Genuity Group lowered their price target on On the Beach Group from GBX 313 to GBX 293 and set a “buy” rating on the stock in a research report on Thursday, September 25th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 350 price objective on shares of On the Beach Group in a research note on Tuesday, December 2nd.

Insiders Place Their Bets

In other On the Beach Group news, insider Zoe Harris purchased 10,357 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were acquired at an average price of GBX 214 per share, for a total transaction of £22,163.98. Also, insider Jon Wormald purchased 8,317 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were acquired at an average cost of GBX 214 per share, with a total value of £17,798.38. Over the last three months, insiders have bought 32,012 shares of company stock valued at $6,850,568. 9.01% of the stock is currently owned by corporate insiders.

On the Beach Group Price Performance

Shares of OTB opened at GBX 228.50 on Friday. The stock has a market capitalization of £331.11 million, a PE ratio of 15.13, a PEG ratio of 0.71 and a beta of 2.42. On the Beach Group has a fifty-two week low of GBX 182 and a fifty-two week high of GBX 304.50. The company has a 50 day moving average price of GBX 212.84 and a 200-day moving average price of GBX 247.74. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.83 and a current ratio of 1.37.

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

About On the Beach Group

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. Our model is customer-centric, asset light, profitable and cash generative.