Whitbread (LON:WTB) Hits New 52-Week Low - Time to Sell?

Whitbread plc (LON:WTB - Get Free Report)'s stock price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 2,431 ($31.36) and last traded at GBX 2,433 ($31.39), with a volume of 485295 shares changing hands. The stock had previously closed at GBX 2,486 ($32.07).

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Shore Capital reaffirmed a "buy" rating on shares of Whitbread in a report on Thursday, January 16th. JPMorgan Chase & Co. cut Whitbread to a "neutral" rating in a report on Friday, March 7th. Finally, Berenberg Bank decreased their price objective on shares of Whitbread from GBX 4,000 ($51.60) to GBX 3,900 ($50.31) and set a "buy" rating on the stock in a research report on Tuesday, December 10th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 2,713.33 ($35.00).

Whitbread Stock Down 1.1 %

The company has a quick ratio of 1.74, a current ratio of 0.96 and a debt-to-equity ratio of 33.18. The stock has a 50-day simple moving average of GBX 2,633.76 and a two-hundred day simple moving average of GBX 2,884.51. The firm has a market cap of £4.34 billion, a PE ratio of 18.81, a P/E/G ratio of -3.09 and a beta of 1.11.

Insider Activity

In other Whitbread news, insider Kal Atwal acquired 1,130 shares of the business's stock in a transaction dated Thursday, February 20th. The stock was bought at an average price of GBX 2,621 ($33.81) per share, with a total value of £29,617.30 ($38,206.01). Corporate insiders own 1.03% of the company's stock.

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.