SSP Group plc (LON:SSPG - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 174.88 ($2.15) and traded as high as GBX 180.80 ($2.22). SSP Group shares last traded at GBX 177.10 ($2.18), with a volume of 862,058 shares trading hands.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on SSPG. Shore Capital restated a "house stock" rating on shares of SSP Group in a research report on Thursday, January 23rd. Berenberg Bank restated a "hold" rating and set a GBX 180 ($2.21) price target on shares of SSP Group in a report on Wednesday, October 16th. Finally, JPMorgan Chase & Co. upped their price objective on shares of SSP Group from GBX 200 ($2.46) to GBX 210 ($2.58) and gave the company a "neutral" rating in a research note on Thursday, December 12th.
Check Out Our Latest Analysis on SSPG
SSP Group Trading Down 2.0 %
The company has a debt-to-equity ratio of 595.27, a quick ratio of 0.66 and a current ratio of 0.35. The business has a fifty day moving average of GBX 175.90 and a 200-day moving average of GBX 169.31. The company has a market capitalization of £1.43 billion, a P/E ratio of 17,940.00, a PEG ratio of -0.77 and a beta of 1.88.
SSP Group (LON:SSPG - Get Free Report) last posted its quarterly earnings data on Tuesday, December 3rd. The company reported GBX 8.10 ($0.10) earnings per share for the quarter. SSP Group had a return on equity of 17.67% and a net margin of 0.24%. Analysts anticipate that SSP Group plc will post 13.1004016 earnings per share for the current fiscal year.
SSP Group Increases Dividend
The company also recently announced a dividend, which will be paid on Thursday, February 27th. Shareholders of record on Thursday, January 30th will be paid a GBX 2.30 ($0.03) dividend. The ex-dividend date is Thursday, January 30th. This is a positive change from SSP Group's previous dividend of $1.20. This represents a dividend yield of 1.42%. SSP Group's payout ratio is presently 20,000.00%.
SSP Group Company Profile
(
Get Free Report)
SSP is a leading operator of food and beverage outlets in travel locations worldwide, with c.37,000 colleagues in over 600 locations across 36 countries. We operate sit-down and quick service restaurants, cafes, lounges and food-led convenience stores, principally in airports and train stations, with a portfolio of more than 550 international, national and local brands.
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