On the Beach Group plc (LON:OTB) Plans Dividend of GBX 2.10

On the Beach Group plc (LON:OTB) declared a dividend on Thursday, December 4th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 30th will be given a dividend of GBX 2.10 ($0.03) per share on Tuesday, March 4th. This represents a yield of 1.02%. The ex-dividend date of this dividend is Thursday, January 30th. This is a boost from On the Beach Group’s previous dividend of $0.90. The official announcement can be seen at this link.

On the Beach Group Stock Up 0.4 %

LON OTB opened at GBX 252.50 ($3.14) on Tuesday. The company has a debt-to-equity ratio of 34.49, a current ratio of 1.20 and a quick ratio of 0.83. On the Beach Group has a fifty-two week low of GBX 127.75 ($1.59) and a fifty-two week high of GBX 260 ($3.24). The stock has a market capitalization of £421.65 million, a PE ratio of 2,805.56, a PEG ratio of 0.71 and a beta of 2.42. The business has a fifty day moving average price of GBX 223.34 and a two-hundred day moving average price of GBX 173.58.

On the Beach Group (LON:OTB) last announced its quarterly earnings results on Tuesday, December 3rd. The company reported GBX 14.10 ($0.18) EPS for the quarter. On the Beach Group had a return on equity of 9.78% and a net margin of 8.65%. Equities analysts expect that On the Beach Group will post 17.3349938 earnings per share for the current fiscal year.

Insider Buying and Selling at On the Beach Group

In other On the Beach Group news, insider Shaun Morton bought 12,013 shares of On the Beach Group stock in a transaction dated Tuesday, December 3rd. The stock was bought at an average cost of GBX 209 ($2.60) per share, with a total value of £25,107.17 ($31,239.48). Also, insider Simon Cooper bought 3,000,000 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were acquired at an average cost of GBX 228 ($2.84) per share, with a total value of £6,840,000 ($8,510,638.30). Insiders own 10.69% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on OTB. Shore Capital restated a “buy” rating on shares of On the Beach Group in a report on Wednesday, December 4th. Canaccord Genuity Group reduced their price objective on shares of On the Beach Group from GBX 220 ($2.74) to GBX 187 ($2.33) and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 180 ($2.24) price target on shares of On the Beach Group in a research report on Tuesday, October 15th.

On the Beach Group Company Profile

On the Beach is one of the UK’s leading online retailers of beach holidays and has a 20%+ share of online sales in the short haul beach holiday market. Our vision is to build Europe’s leading beach holiday retailer via a single platform, multi-brand strategy. We’re totally focused on making it easy for people to find, book and enjoy their perfect beach holiday.

We were one of the first online travel agents in the UK to offer complete financial protection, meaning every flight-inclusive package is ATOL-protected.