On the Beach Group (LON:OTB) Issues Earnings Results

On the Beach Group (LON:OTBGet Free Report) issued its quarterly earnings data on Tuesday. The company reported GBX 3.70 ($0.05) EPS for the quarter, Digital Look Earnings reports. On the Beach Group had a net margin of 8.66% and a return on equity of 8.73%.

On the Beach Group Stock Performance

Shares of LON OTB opened at GBX 254 ($3.38) on Wednesday. On the Beach Group has a 52-week low of GBX 127.75 ($1.70) and a 52-week high of GBX 284 ($3.78). The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 1.53. The stock has a market capitalization of £412.41 million, a price-to-earnings ratio of 27.76, a PEG ratio of 0.71 and a beta of 2.42. The stock’s fifty day simple moving average is GBX 245.92 and its 200 day simple moving average is GBX 228.33.

On the Beach Group Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Thursday, January 30th were paid a dividend of GBX 2.10 ($0.03) per share. This is a boost from On the Beach Group’s previous dividend of $0.90. The ex-dividend date of this dividend was Thursday, January 30th. This represents a yield of 1.02%. On the Beach Group’s dividend payout ratio (DPR) is presently 10.93%.

Insider Buying and Selling

In related news, insider Shaun Morton purchased 765 shares of On the Beach Group stock in a transaction that occurred on Thursday, March 20th. The shares were acquired at an average price of GBX 235 ($3.13) per share, for a total transaction of £1,797.75 ($2,392.53). 10.69% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of On the Beach Group in a report on Tuesday, February 25th.

Check Out Our Latest Stock Report on OTB

On the Beach Group Company Profile

(Get Free Report)

On the Beach is one of the UK’s largest online package holiday specialists with significant opportunities for growth. Founded in 2004 and listed on the London Stock Exchange in 2015, today over 1.7 million customers find, book and enjoy their perfect package holiday with us every single year.

Our innovative technology, low-cost base and strong customer-value proposition provides a structural challenge to legacy tour operators and online travel agents, as we continue disrupting the market.

See Also

Earnings History for On the Beach Group (LON:OTB)

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