On The Beach Group (LON:OTB) Announces Earnings Results, Misses Expectations By $0.20 EPS

On The Beach Group (LON:OTB) released its earnings results on Wednesday. The company reported GBX 21.40 ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of GBX 21.60 ($0.28) by GBX (0.20) ($0.00), Digital Look Earnings reports.

OTB stock remained flat at $GBX 448 ($5.85) during midday trading on Friday. 281,232 shares of the company’s stock were exchanged, compared to its average volume of 371,885. The company has a market cap of $587.57 million and a P/E ratio of 37.65. The company has a debt-to-equity ratio of 7.61, a current ratio of 1.29 and a quick ratio of 1.00. On The Beach Group has a 1 year low of GBX 280.60 ($3.67) and a 1 year high of GBX 495 ($6.47). The stock’s fifty day simple moving average is GBX 436.50 and its 200-day simple moving average is GBX 433.82.

The firm also recently declared a dividend, which will be paid on Thursday, February 13th. Shareholders of record on Thursday, January 9th will be given a dividend of GBX 2 ($0.03) per share. This represents a yield of 0.45%. This is a boost from On The Beach Group’s previous dividend of $1.30. The ex-dividend date of this dividend is Thursday, January 9th. On The Beach Group’s payout ratio is 0.25%.

A number of equities research analysts recently issued reports on the stock. Jefferies Financial Group restated a “buy” rating and issued a GBX 545 ($7.12) target price on shares of On The Beach Group in a report on Friday, August 23rd. Peel Hunt restated a “buy” rating on shares of On The Beach Group in a report on Wednesday. Peel Hunt restated a “buy” rating and issued a GBX 550 ($7.19) target price on shares of On The Beach Group in a report on Wednesday, August 28th. Berenberg Bank restated a “buy” rating on shares of On The Beach Group in a report on Thursday, September 26th. Finally, Liberum Capital restated a “buy” rating on shares of On The Beach Group in a report on Wednesday. Seven equities research analysts have rated the stock with a buy rating, On The Beach Group presently has an average rating of “Buy” and a consensus price target of GBX 525.83 ($6.87).

On The Beach Group Company Profile

On the Beach Group plc operates as an online retailer of short-haul beach holidays under the On the Beach brand name. It operates through three segments: Core, B2B, and International. The company provides its services through onthebeach.co.uk, sunshine.co.uk, and onthebeachtransfers.co.uk Websites in the United Kingdom.

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