Zoe Harris Acquires 10,357 Shares of On the Beach Group (LON:OTB) Stock

On the Beach Group plc (LON:OTB) insider Zoe Harris bought 10,357 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, for a total transaction of £22,163.98.

On the Beach Group Trading Up 1.1%

Shares of LON:OTB opened at GBX 215.45 on Friday. The company has a 50 day moving average of GBX 210.72 and a 200-day moving average of GBX 251.72. The company has a current ratio of 1.37, a quick ratio of 0.83 and a debt-to-equity ratio of 1.53. The firm has a market cap 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. On the Beach Group plc has a twelve month low of GBX 182 and a twelve month high of GBX 304.50.

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, analysts anticipate that On the Beach Group plc will post 17.3349938 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on OTB. Deutsche Bank Aktiengesellschaft upped their price target on On the Beach Group from GBX 320 to GBX 345 and gave the company a “buy” rating in a report on Tuesday, December 2nd. Peel Hunt reaffirmed a “buy” rating and set a GBX 350 target price on shares of On the Beach Group in a research report on Tuesday, December 2nd. Berenberg Bank decreased their price target on On the Beach Group from GBX 330 to GBX 300 and set a “buy” rating for the company in a research report on Tuesday, November 11th. Panmure Gordon reissued 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. Finally, Canaccord Genuity Group cut their price objective on 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. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus 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.