Jon Wormald Buys 8,317 Shares of On the Beach Group (LON:OTB) Stock

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

On the Beach Group Price Performance

Shares of LON:OTB opened at GBX 215.45 on Friday. On the Beach Group plc has a 12 month low of GBX 182 and a 12 month high of GBX 304.50. The firm has a market capitalization of £312.19 million, a P/E ratio of 14.27, a P/E/G ratio of 0.71 and a beta of 2.42. 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 company’s fifty day moving average price is GBX 210.72 and its 200 day moving average price is GBX 251.72.

On the Beach Group (LON:OTB) last released 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%. As a group, sell-side analysts predict that On the Beach Group plc will post 17.3349938 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Peel Hunt restated a “buy” rating and set a GBX 350 price target on shares of On the Beach Group in a research note on Tuesday, December 2nd. Berenberg Bank lowered their target price on shares of On the Beach Group from GBX 330 to GBX 300 and set a “buy” rating on the stock in a research report on Tuesday, November 11th. Canaccord Genuity Group cut their target price on shares of 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. Shore Capital reiterated a “hold” rating on shares of On the Beach Group in a research report on Tuesday, December 2nd. Finally, Panmure Gordon reissued a “buy” rating and set a GBX 300 price objective on shares of On the Beach Group in a research report on Monday, November 24th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 303.

On the Beach Group Company Profile

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.