Simon Cooper Buys 13,338 Shares of On the Beach Group (LON:OTB) Stock

On the Beach Group plc (LON:OTB) insider Simon Cooper purchased 13,338 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The shares were purchased at an average price of GBX 214 per share, with a total value of £28,543.32.

On the Beach Group Trading Up 1.1%

On the Beach Group stock opened at GBX 215.45 on Friday. The business’s 50-day simple moving average is GBX 210.72 and its 200-day simple moving average is GBX 251.72. On the Beach Group plc has a 52 week low of GBX 182 and a 52 week high of GBX 304.50. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.83 and a current ratio of 1.37. The firm has a market capitalization of £312.19 million, a PE ratio of 14.27, a PEG ratio of 0.71 and a beta of 2.42.

On the Beach Group (LON:OTB) last issued 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 net margin of 8.66% and a return on equity of 8.73%. Equities research analysts forecast that On the Beach Group plc will post 17.3349938 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Deutsche Bank Aktiengesellschaft boosted their price target on 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. Canaccord Genuity Group dropped their target price on shares of On the Beach Group from GBX 313 to GBX 293 and set a “buy” rating for the company in a report on Thursday, September 25th. Berenberg Bank decreased their price target on shares of On the Beach Group from GBX 330 to GBX 300 and set a “buy” rating on the stock in a research note on Tuesday, November 11th. Shore Capital restated a “hold” rating on shares of On the Beach Group in a research report on Tuesday, December 2nd. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 350 price objective on shares of On the Beach Group in a report on Tuesday, December 2nd. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.