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

Shares of On the Beach Group plc (LON:OTB) have received a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 286.29.

OTB has been the topic of a number of research reports. Shore Capital Group reiterated a “hold” rating on shares of On the Beach Group in a research report on Thursday, March 12th. Canaccord Genuity Group dropped their target price on shares of On the Beach Group from GBX 293 to GBX 240 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. Royal Bank Of Canada dropped their target price on shares of On the Beach Group from GBX 305 to GBX 290 and set an “outperform” rating on the stock in a research report on Tuesday, May 19th. Berenberg Bank dropped their target price on shares of On the Beach Group from GBX 330 to GBX 280 and set a “buy” rating on the stock in a research report on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of On the Beach Group from GBX 345 to GBX 314 and set a “buy” rating for the company in a research note on Wednesday, May 13th.

On the Beach Group Stock Up 2.5%

Shares of LON OTB opened at GBX 141.70 on Wednesday. The company has a debt-to-equity ratio of 23.85, a quick ratio of 0.83 and a current ratio of 1.21. On the Beach Group has a 52-week low of GBX 129.40 and a 52-week high of GBX 304.50. The company’s 50 day moving average price is GBX 161.54 and its 200-day moving average price is GBX 192.63. The company has a market capitalization of £205.33 million, a P/E ratio of 9.38, a price-to-earnings-growth ratio of 0.71 and a beta of 1.35.

On the Beach Group (LON:OTB) last released its earnings results on Tuesday, May 12th. The company reported GBX 1.20 earnings per share (EPS) for the quarter. On the Beach Group had a net margin of 3.11% and a return on equity of 2.40%. The company had revenue of GBX 5,220 million for the quarter. Equities analysts forecast that On the Beach Group will post 17.3349938 earnings per share for the current year.

Insider Buying and Selling

In other On the Beach Group news, insider Shaun Morton purchased 991 shares of the firm’s stock in a transaction on Monday, April 20th. The stock was acquired at an average price of GBX 185 per share, for a total transaction of £1,833.35. Company 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.