Whitbread (LON:WTB) Insider Dominic Paul Purchases 717 Shares

Whitbread plc (LON:WTB) insider Dominic Paul purchased 717 shares of the stock in a transaction that occurred on Friday, July 3rd. The stock was bought at an average price of GBX 2,410 per share, with a total value of £17,279.70.

Whitbread Stock Up 1.0%

Shares of WTB traded up GBX 24 during midday trading on Tuesday, reaching GBX 2,382. 420,412 shares of the company were exchanged, compared to its average volume of 17,431,875. Whitbread plc has a 1-year low of GBX 2,098 and a 1-year high of GBX 3,302. The stock has a 50-day moving average price of GBX 2,377.90 and a 200-day moving average price of GBX 2,493.68. The company has a current ratio of 0.44, a quick ratio of 1.74 and a debt-to-equity ratio of 174.28. The company has a market cap of £3.98 billion, a price-to-earnings ratio of 19.46, a P/E/G ratio of -3.09 and a beta of 0.65.

Whitbread (LON:WTB) last announced its earnings results on Thursday, April 30th. The company reported GBX 123.30 EPS for the quarter. The business had revenue of GBX 292.02 billion for the quarter. Whitbread had a return on equity of 6.73% and a net margin of 7.29%. Research analysts expect that Whitbread plc will post 227.1851852 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Citigroup dropped their price target on shares of Whitbread from £330 to £310 and set a “buy” rating on the stock in a research note on Friday, June 19th. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 3,700 target price on shares of Whitbread in a research report on Thursday, June 18th. JPMorgan Chase & Co. dropped their price target on shares of Whitbread from GBX 2,550 to GBX 2,500 and set a “neutral” rating for the company in a research note on Monday, March 30th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Whitbread from GBX 2,815 to GBX 2,530 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. Finally, Berenberg Bank restated a “hold” rating and issued a GBX 2,280 target price on shares of Whitbread in a research note on Monday, June 22nd. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 6,523.12.

About Whitbread

Whitbread is the owner of Premier Inn, the UK’s biggest
hotel brand, with 86,000 rooms in over 850 hotels
and a growing presence in Germany with 10,500 rooms in
59 hotels, offering quality accommodation at affordable
prices in great locations.

People are at the heart of our business. We employ over
38,000 team members in over 900 Premier Inn hotels
across the UK and Germany.