Insider Buying: Whitbread (LON:WTB) Insider Buys £17,279.70 in Stock

Whitbread plc (LON:WTB) insider Dominic Paul bought 717 shares of the company’s stock in a transaction on Friday, July 3rd. The shares were acquired at an average cost of GBX 2,410 per share, for a total transaction of £17,279.70.

Whitbread Stock Performance

Shares of LON WTB traded up GBX 24 during midday trading on Tuesday, hitting GBX 2,382. The company’s stock had a trading volume of 420,412 shares, 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 firm’s fifty day moving average price is GBX 2,377.90 and its 200-day moving average price is GBX 2,493.68. The company has a debt-to-equity ratio of 174.28, a quick ratio of 1.74 and a current ratio of 0.44. The firm has a market cap of £3.98 billion, a P/E ratio of 19.46, a P/E/G ratio of -3.09 and a beta of 0.65.

Whitbread (LON:WTB) last released its quarterly earnings data on Thursday, April 30th. The company reported GBX 123.30 earnings per share for the quarter. Whitbread had a net margin of 7.29% and a return on equity of 6.73%. The firm had revenue of GBX 292.02 billion for the quarter. On average, sell-side analysts forecast that Whitbread plc will post 227.1851852 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on WTB shares. UBS Group restated a “buy” rating and set a GBX 2,975 price objective on shares of Whitbread in a research note on Friday, June 12th. Citigroup cut their target price on Whitbread from £330 to £310 and set a “buy” rating on the stock in a research note on Friday, June 19th. Berenberg Bank reissued a “hold” rating and set a GBX 2,280 price target on shares of Whitbread in a report on Monday, June 22nd. JPMorgan Chase & Co. dropped their price objective on shares of Whitbread from GBX 2,550 to GBX 2,500 and set a “neutral” rating on the stock in a report on Monday, March 30th. Finally, Shore Capital Group reissued a “buy” rating and set a GBX 3,700 target price on shares of Whitbread in a research note on Thursday, June 18th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price 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.