Whitbread (LON:WTB) Hits New 12-Month Low – What’s Next?

Whitbread plc (LON:WTB)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 2,098 and last traded at GBX 2,228, with a volume of 6968500 shares trading hands. The stock had previously closed at GBX 2,385.

Analysts Set New Price Targets

WTB has been the topic of a number of analyst reports. Citigroup raised their target price on Whitbread from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a research report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 2,815 target price on shares of Whitbread in a research report on Friday, April 10th. JPMorgan Chase & Co. lowered their price objective on 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, Berenberg Bank cut Whitbread to a “hold” rating and set a GBX 2,900 price objective on the stock. in a report on Monday, January 19th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 3,119.17.

Whitbread Price Performance

The company has a debt-to-equity ratio of 144.21, a quick ratio of 1.74 and a current ratio of 0.44. The stock’s 50 day simple moving average is GBX 2,438.10 and its two-hundred day simple moving average is GBX 2,623.73. The firm has a market capitalization of £3.83 billion, a PE ratio of 16.04, a price-to-earnings-growth ratio of -3.09 and a beta of 0.66.

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

Insider Activity at Whitbread

In other news, insider Kal Atwal purchased 462 shares of Whitbread stock in a transaction dated Wednesday, February 18th. The shares were purchased at an average price of GBX 2,737 per share, with a total value of £12,644.94. Also, insider Christine Mary Hodgson purchased 7,750 shares of Whitbread stock in a transaction dated Monday, February 16th. The shares were purchased at an average cost of GBX 2,706 per share, for a total transaction of £209,715. 0.40% of the stock is currently owned by insiders.

Whitbread Company Profile

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.