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

Shares of On the Beach Group plc (LON:OTB) have earned a consensus rating of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 308.

OTB has been the subject of several recent research reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 330 price objective on shares of On the Beach Group in a research note on Monday, January 19th. Panmure Gordon reiterated 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. Peel Hunt reiterated a “buy” rating and set a GBX 350 price target on shares of On the Beach Group in a report on Tuesday, December 2nd. Shore Capital Group reissued a “hold” rating on shares of On the Beach Group in a research report on Tuesday, December 2nd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of On the Beach Group from GBX 320 to GBX 345 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd.

On the Beach Group Stock Performance

LON:OTB opened at GBX 200.09 on Monday. On the Beach Group has a 52 week low of GBX 182 and a 52 week high of GBX 304.50. The company has a fifty day simple moving average of GBX 219.64 and a two-hundred day simple moving average of GBX 230.93. The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 1.53. The company has a market cap of £289.94 million, a price-to-earnings ratio of 13.25, a price-to-earnings-growth ratio of 0.71 and a beta of 2.42.

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

Insiders Place Their Bets

In other On the Beach Group news, insider Jon Wormald bought 8,317 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The shares were acquired at an average price of GBX 214 per share, with a total value of £17,798.38. Also, insider Zoe Harris bought 10,357 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were acquired at an average price of GBX 214 per share, with a total value of £22,163.98. Insiders acquired 32,012 shares of company stock valued at $6,850,568 in the last ninety days. Insiders own 9.03% of the company’s stock.

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.