On the Beach Group plc (OTB) To Go Ex-Dividend on January 30th

On the Beach Group plc (LON:OTB) declared a dividend on Thursday, December 4th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, January 30th will be paid 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 positive change from On the Beach Group’s previous dividend of $0.90. The official announcement can be accessed at this link.

On the Beach Group Stock Performance

On the Beach Group stock opened at GBX 252.50 ($3.14) on Tuesday. 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 firm’s 50 day simple moving average is GBX 223.34 and its 200-day simple moving average is GBX 173.58. The company has a debt-to-equity ratio of 34.49, a current ratio of 1.20 and a quick ratio of 0.83. The company has a market cap of £421.65 million, a P/E ratio of 2,805.56, a price-to-earnings-growth ratio of 0.71 and a beta of 2.42.

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

Insider Activity at On the Beach Group

In other news, insider Simon Cooper acquired 3,000,000 shares of the stock in a transaction dated Thursday, December 12th. The shares were bought at an average cost of GBX 228 ($2.84) per share, for a total transaction of £6,840,000 ($8,510,638.30). Also, insider Shaun Morton purchased 12,013 shares of the stock in a transaction on Tuesday, December 3rd. The shares were acquired at an average cost of GBX 209 ($2.60) per share, for a total transaction of £25,107.17 ($31,239.48). 10.69% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on OTB shares. Shore Capital reaffirmed a “buy” rating on shares of On the Beach Group in a research note on Wednesday, December 4th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 180 ($2.24) price objective on shares of On the Beach Group in a research report on Tuesday, October 15th. Finally, Canaccord Genuity Group dropped 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.

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.