On the Beach Group plc (LON:OTB) Given Consensus Recommendation of “Buy” by Brokerages

On the Beach Group plc (LON:OTB) has earned a consensus recommendation of “Buy” from the seven research firms that are covering the stock, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 283.43.

Several equities research analysts recently issued reports on the stock. Canaccord Genuity Group reduced their price objective on shares of On the Beach Group from GBX 293 to GBX 240 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reduced their price objective 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. Shore Capital Group raised shares of On the Beach Group to a “buy” rating and set a GBX 210 price objective for the company in a research note on Tuesday, June 9th. Berenberg Bank reduced their price objective on shares of On the Beach Group from GBX 330 to GBX 280 and set a “buy” rating for the company in a research note on Monday, May 18th. Finally, Royal Bank Of Canada reduced their price objective on shares of On the Beach Group from GBX 305 to GBX 290 and set an “outperform” rating for the company in a research note on Tuesday, May 19th.

On the Beach Group Trading Down 0.3%

On the Beach Group stock opened at GBX 177.44 on Friday. The company’s fifty day simple moving average is GBX 158.42 and its 200-day simple moving average is GBX 185.93. The company has a quick ratio of 0.83, a current ratio of 1.21 and a debt-to-equity ratio of 23.85. On the Beach Group has a 12 month low of GBX 129.40 and a 12 month high of GBX 304.50. The stock has a market cap of £257.12 million, a P/E ratio of 15.04, a P/E/G ratio of 0.71 and a beta of 1.34.

On the Beach Group (LON:OTB) last released its quarterly earnings data 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 business had revenue of GBX 5,220 million during the quarter. As a group, sell-side analysts forecast that On the Beach Group will post 17.3349938 EPS for the current fiscal year.

Insider Activity

In other news, insider Shaun Morton bought 991 shares of the business’s stock in a transaction on Monday, April 20th. The stock was purchased at an average price of GBX 185 per share, with a total value of £1,833.35. Insiders own 9.24% of the company’s stock.

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. Our model is customer-centric, asset light, profitable and cash generative.