Whitbread (LON:WTB) Insider Buys £29,786.10 in Stock

Whitbread plc (LON:WTB) insider Shelley Roberts purchased 1,290 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was acquired at an average price of GBX 2,309 per share, for a total transaction of £29,786.10.

Whitbread Price Performance

Shares of LON WTB traded up GBX 88 during midday trading on Friday, reaching GBX 2,410. The stock had a trading volume of 217,352,156 shares, compared to its average volume of 16,527,322. The stock has a 50-day moving average of GBX 2,417.32 and a 200-day moving average of GBX 2,600.22. The company has a debt-to-equity ratio of 174.28, a quick ratio of 1.74 and a current ratio of 0.44. The company has a market capitalization of £4.02 billion, a price-to-earnings ratio of 19.69, a price-to-earnings-growth ratio of -3.09 and a beta of 0.66. Whitbread plc has a 12-month low of GBX 2,098 and a 12-month high of GBX 3,302.

Whitbread (LON:WTB) last announced its quarterly earnings data on Thursday, April 30th. The company reported GBX 123.30 earnings per share (EPS) for the quarter. Whitbread had a net margin of 7.29% and a return on equity of 6.73%. The firm had revenue of GBX 292.02 billion during the quarter. As a group, research analysts anticipate that Whitbread plc will post 227.1851852 EPS for the current fiscal year.

Wall Street Analyst Weigh In

WTB has been the subject of several analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Whitbread from GBX 2,550 to GBX 2,500 and set a “neutral” rating for the company in a report on Monday, March 30th. Berenberg Bank lowered shares of Whitbread to a “hold” rating and set a GBX 2,900 price objective for the company. in a report on Monday, January 19th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Whitbread from GBX 2,815 to GBX 2,530 and set a “hold” rating for the company in a report on Wednesday. Finally, Citigroup raised their target price on shares of Whitbread from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a research report on Thursday, January 15th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 3,071.67.

Whitbread Company Profile

Whitbread is the owner of Premier Inn, the UK’s biggest
hotel brand, with 86,000 rooms in over 850 hotels
and a growing presence in Germany with 10,500 rooms in
59 hotels, offering quality accommodation at affordable
prices in great locations.

People are at the heart of our business. We employ over
38,000 team members in over 900 Premier Inn hotels
across the UK and Germany.