On the Beach Group (LON:OTB) Stock Price Down 14% - Time to Sell?

Key Points

• Shares fell 14% to about GBX 165.93 (intraday low GBX 164.80) on Thursday, with ~3.25 million shares traded—roughly 217% above average—after a prior close of GBX 193.
• Analysts remain mostly positive with a consensus rating of "Moderate Buy" (five Buys, one Hold) and a consensus price target of GBX 308, while several firms have recently raised targets (e.g., Deutsche Bank GBX 345, Peel Hunt GBX 350).
• Key fundamentals: market cap ~£254m, P/E 11.6, debt-to-equity 1.40, quick ratio 0.83 and current ratio 1.28, and the stock is trading below its 50- and 200-day moving averages (GBX 208 and GBX 222).

On the Beach Group plc (LON:OTB - Get Free Report) shares were down 14% during trading on Thursday . The company traded as low as GBX 164.80 and last traded at GBX 165.93. Approximately 3,248,218 shares changed hands during trading, an increase of 217% from the average daily volume of 1,026,196 shares. The stock had previously closed at GBX 193.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Shore Capital Group reiterated a "hold" rating on shares of On the Beach Group in a research note on Tuesday, December 2nd. Peel Hunt reaffirmed a "buy" rating and issued a GBX 350 price target on shares of On the Beach Group in a report on Tuesday, December 2nd. Deutsche Bank Aktiengesellschaft raised their price objective on On the Beach Group from GBX 320 to GBX 345 and gave the stock a "buy" rating in a research report on Tuesday, December 2nd. Berenberg Bank reissued a "buy" rating and set a GBX 330 price objective on shares of On the Beach Group in a report on Monday, January 19th. Finally, Panmure Gordon restated a "buy" rating and set a GBX 300 price objective on shares of On the Beach Group in a research report on Monday, November 24th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, On the Beach Group has a consensus rating of "Moderate Buy" and a consensus price target of GBX 308.

On the Beach Group Price Performance

The company has a 50-day moving average of GBX 208.41 and a 200 day moving average of GBX 221.60. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.83 and a current ratio of 1.28. The firm has a market cap of £254.06 million, a P/E ratio of 11.61, a P/E/G ratio of 0.71 and a beta of 1.30.

About On the Beach Group

On the Beach is one of the UK's largest online package holiday specialists with significant opportunities for growth. Founded in 2004 and listed on the London Stock Exchange in 2015, today over 1.7 million customers find, book and enjoy their perfect package holiday with us every single year. Our innovative technology, low-cost base and strong customer-value proposition provides a structural challenge to legacy tour operators and online travel agents, as we continue disrupting the market. Our model is customer-centric, asset light, profitable and cash generative.

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