SSP Group plc (SSPG) To Go Ex-Dividend on January 30th

SSP Group plc (LON:SSPG) announced a dividend on Wednesday, December 3rd,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 30th will be given a dividend of GBX 2.30 ($0.03) per share on Thursday, February 27th. This represents a dividend yield of 1.42%. The ex-dividend date of this dividend is Thursday, January 30th. This is an increase from SSP Group’s previous dividend of $1.20. The official announcement can be viewed at this link.

SSP Group Stock Up 3.8 %

SSP Group stock opened at GBX 177.90 ($2.21) on Tuesday. The company has a market capitalization of £1.42 billion, a PE ratio of 17,790.00, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88. The company has a debt-to-equity ratio of 595.27, a quick ratio of 0.66 and a current ratio of 0.35. SSP Group has a fifty-two week low of GBX 142.20 ($1.77) and a fifty-two week high of GBX 235 ($2.92). The firm has a 50 day moving average price of GBX 173.71 and a 200 day moving average price of GBX 169.27.

SSP Group (LON:SSPG) last posted its quarterly earnings data on Tuesday, December 3rd. The company reported GBX 8.10 ($0.10) earnings per share (EPS) for the quarter. SSP Group had a return on equity of 17.67% and a net margin of 0.24%. Research analysts expect that SSP Group will post 13.1004016 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on SSPG shares. Berenberg Bank reiterated a “hold” rating and issued a GBX 180 ($2.24) price objective on shares of SSP Group in a research note on Wednesday, October 16th. Shore Capital reaffirmed a “house stock” rating on shares of SSP Group in a research report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. lifted their price objective on SSP Group from GBX 200 ($2.49) to GBX 210 ($2.61) and gave the company a “neutral” rating in a research note on Thursday, December 12th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 246.25 ($3.06).

SSP Group Company Profile

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.