SSP Group plc (LON:SSPG) Insider Jonathan Davies Purchases 74 Shares

Key Points

• Jonathan Davies, an insider at SSP Group plc, has made multiple stock purchases recently, acquiring a total of 74 shares at an average cost of GBX 169 ($2.25) per share.
• The company's stock is currently trading around GBX 168.80 ($2.24), with a market capitalization of £1.35 billion and a price-to-earnings ratio of 176.92.
• Analysts have mixed ratings on SSP Group, with one sell rating, two hold ratings, and two buy ratings, while the consensus price target is set at GBX 235 ($3.12).

SSP Group plc (LON:SSPG - Get Free Report) insider Jonathan Davies bought 74 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The stock was bought at an average cost of GBX 169 ($2.27) per share, for a total transaction of £125.06 ($168.18).

Jonathan Davies also recently made the following trade(s):

• On Monday, July 7th, Jonathan Davies purchased 66 shares of SSP Group stock. The shares were purchased at an average price of GBX 189 ($2.54) per share, with a total value of £124.74 ($167.75).
• On Friday, June 6th, Jonathan Davies purchased 77 shares of SSP Group stock. The shares were acquired at an average cost of GBX 162 ($2.18) per share, for a total transaction of £124.74 ($167.75).
• On Wednesday, May 14th, Jonathan Davies bought 75 shares of SSP Group stock. The shares were acquired at an average price of GBX 167 ($2.25) per share, for a total transaction of £125.25 ($168.44).

SSP Group Stock Down 1.8%

LON SSPG traded down GBX 3.05 ($0.04) on Friday, hitting GBX 165.65 ($2.23). 1,643,519 shares of the stock traded hands, compared to its average volume of 2,820,182. The company has a market capitalization of £1.32 billion, a P/E ratio of 173.62, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88. The stock has a 50-day moving average of GBX 171.42 and a 200 day moving average of GBX 164.60. The company has a current ratio of 0.44, a quick ratio of 0.66 and a debt-to-equity ratio of 852.29. SSP Group plc has a twelve month low of GBX 134.10 ($1.80) and a twelve month high of GBX 196.30 ($2.64).

SSP Group (LON:SSPG - Get Free Report) last announced its quarterly earnings results on Wednesday, May 21st. The company reported GBX (2) (($0.03)) earnings per share (EPS) for the quarter. SSP Group had a net margin of 0.24% and a return on equity of 3.64%. As a group, analysts expect that SSP Group plc will post 13.1004016 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SSPG has been the topic of a number of recent research reports. Shore Capital restated a "house stock" rating on shares of SSP Group in a research note on Tuesday, July 29th. JPMorgan Chase & Co. decreased their price target on SSP Group from GBX 200 ($2.69) to GBX 190 ($2.56) and set a "neutral" rating for the company in a report on Thursday. Citigroup increased their price objective on shares of SSP Group from GBX 320 ($4.30) to GBX 330 ($4.44) and gave the company a "buy" rating in a research report on Wednesday, July 30th. UBS Group cut shares of SSP Group to a "sell" rating and set a GBX 170 ($2.29) target price on the stock. in a research report on Friday, July 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 285 ($3.83) price target on shares of SSP Group in a research note on Wednesday, July 30th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, SSP Group has a consensus rating of "Hold" and a consensus price target of GBX 231 ($3.11).

SSP Group Company Profile

SSP is a leading operator of food and beverage outlets in travel locations worldwide, with c.37,000 colleagues in over 600 locations across 36 countries. We operate sit-down and quick service restaurants, cafes, lounges and food-led convenience stores, principally in airports and train stations, with a portfolio of more than 550 international, national and local brands.