Shore Capital restated their buy rating on shares of On the Beach Group (LON:OTB - Free Report) in a research report sent to investors on Tuesday morning, Marketbeat Ratings reports.
On the Beach Group Stock Performance
LON:OTB remained flat at GBX 225 ($2.83) during midday trading on Tuesday. The company had a trading volume of 649,590 shares, compared to its average volume of 934,379. The stock has a market cap of £365.32 million, a price-to-earnings ratio of 24.59, a P/E/G ratio of 0.71 and a beta of 2.42. The firm has a 50-day moving average price of GBX 247.57 and a two-hundred day moving average price of GBX 191.50. On the Beach Group has a one year low of GBX 127.75 ($1.61) and a one year high of GBX 265.50 ($3.34). The company has a debt-to-equity ratio of 1.53, a current ratio of 1.37 and a quick ratio of 0.83.
On the Beach Group (LON:OTB - Get Free Report) last announced its earnings results on Tuesday, December 3rd. The company reported GBX 14.10 ($0.18) earnings per share for the quarter. On the Beach Group had a net margin of 8.66% and a return on equity of 8.73%. On average, research analysts expect that On the Beach Group will post 17.3349938 EPS for the current fiscal year.
On the Beach Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Thursday, January 30th will be given a dividend of GBX 2.10 ($0.03) per share. This represents a dividend yield of 1.02%. The ex-dividend date of this dividend is Thursday, January 30th. This is a positive change from On the Beach Group's previous dividend of $0.90. On the Beach Group's payout ratio is 10.93%.
Insider Transactions at On the Beach Group
In related news, insider Simon Cooper purchased 3,000,000 shares of the firm's stock in a transaction dated Thursday, December 12th. The stock was purchased at an average price of GBX 228 ($2.87) per share, with a total value of £6,840,000 ($8,601,609.66). Also, insider Shaun Morton acquired 12,013 shares of the company's stock in a transaction that occurred on Tuesday, December 3rd. The stock was purchased at an average cost of GBX 209 ($2.63) per share, for a total transaction of £25,107.17 ($31,573.40). Company insiders own 10.69% of the company's stock.
About On the Beach Group
(
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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.
We were one of the first online travel agents in the UK to offer complete financial protection, meaning every flight-inclusive package holiday we sell is ATOL-protected, giving our customers confidence and peace of mind.
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