Whitbread (LON:WTB) Issues Earnings Results

Key Points

• Whitbread reported earnings of GBX 133.70 per share for the quarter, with a net margin of 8.08% and a return on equity of 6.83%.
• Analysts have mixed ratings on Whitbread, with Citigroup increasing their price target to GBX 3,800 and Berenberg Bank lowering it to GBX 3,500, while the consensus rating remains a "Moderate Buy."
• The company operates over 850 hotels in the UK and Germany, maintaining a strong presence in the budget accommodation sector with over 38,000 employees.

Whitbread (LON:WTB - Get Free Report) issued its earnings results on Thursday. The company reported GBX 133.70 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Whitbread had a net margin of 8.08% and a return on equity of 6.83%.

Whitbread Price Performance

Shares of Whitbread stock opened at GBX 2,913 on Thursday. The company has a debt-to-equity ratio of 33.18, a current ratio of 0.96 and a quick ratio of 1.74. Whitbread has a fifty-two week low of GBX 2,253 and a fifty-two week high of GBX 3,352. The firm has a fifty day moving average price of GBX 3,152.79 and a two-hundred day moving average price of GBX 2,921.34. The company has a market cap of £5.02 billion, a PE ratio of 2,071.83, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on WTB shares. Citigroup increased their price target on shares of Whitbread from GBX 3,600 to GBX 3,800 and gave the company a "buy" rating in a research report on Thursday, August 21st. Berenberg Bank lowered their price target on shares of Whitbread from GBX 3,900 to GBX 3,500 and set a "buy" rating on the stock in a research report on Wednesday, July 9th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of GBX 3,650.

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.

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