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

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

Shares of OTB stock opened at GBX 444.20 ($5.80) on Friday. 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 has a market cap of $587.57 million and a PE ratio of 25.53. The business’s fifty day moving average is GBX 436.50 and its 200-day moving average is GBX 433.82. The company has a debt-to-equity ratio of 7.61, a quick ratio of 0.89 and a current ratio of 1.17.

The company also recently declared a dividend, which will be paid on Thursday, February 13th. Stockholders of record on Thursday, January 9th will be given a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend is Thursday, January 9th. This is a boost from On The Beach Group’s previous dividend of $1.30. This represents a dividend yield of 0.45%. On The Beach Group’s dividend payout ratio (DPR) is 0.23%.

Several brokerages recently issued reports on OTB. Liberum Capital reissued 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 research report on Wednesday, August 28th. 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 research report on Friday, August 23rd. Berenberg Bank restated a “buy” rating on shares of On The Beach Group in a research report on Thursday, September 26th. Finally, Peel Hunt restated a “buy” rating on shares of On The Beach Group in a research report on Wednesday. Seven investment analysts have rated the stock with a buy rating, The company currently has a consensus 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.

Further Reading: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

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