On The Beach Group (LON:OTB) announced its earnings results on Wednesday. The company reported GBX 21.40 ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 21.60 ($0.28) by GBX (0.20) ($0.00), Digital Look Earnings reports.
OTB traded up GBX 9.60 ($0.13) on Wednesday, reaching GBX 443.60 ($5.80). 502,642 shares of the company’s stock were exchanged, compared to its average volume of 371,885. The stock has a market cap of $569.21 million and a PE ratio of 25.49. On The Beach Group has a twelve month low of GBX 280.60 ($3.67) and a twelve month high of GBX 495 ($6.47). The stock’s fifty day moving average price is GBX 434.18 and its 200-day moving average price is GBX 434. The company has a debt-to-equity ratio of 7.61, a current ratio of 1.17 and a quick ratio of 0.89.
OTB has been the topic of several research analyst reports. Liberum Capital reiterated a “buy” rating on shares of On The Beach Group in a research report on Wednesday. Peel Hunt reiterated a “buy” rating and issued a GBX 550 ($7.19) target price on shares of On The Beach Group in a research report on Wednesday, August 28th. Berenberg Bank reiterated a “buy” rating on shares of On The Beach Group in a research report on Thursday, September 26th. Peel Hunt reiterated a “buy” rating on shares of On The Beach Group in a research report on Wednesday. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 545 ($7.12) target price on shares of On The Beach Group in a research report on Friday, August 23rd. Seven analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average price target of GBX 525.83 ($6.87).
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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