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Whitbread (LON:WTB) Shares Down 10.3% - Here's Why

Whitbread logo with Consumer Cyclical background

Key Points

  • Whitbread plc's share price fell by 10.3% recently, trading as low as GBX 2,876 from its previous close of GBX 3,224.
  • A number of analysts have issued ratings for the stock, with Berenberg Bank lowering its price target from GBX 3,900 to GBX 3,500, while others reaffirmed buy ratings with price targets around GBX 3,500 to GBX 3,800.
  • Whitbread reported a net margin of 8.08% and an earnings per share (EPS) of GBX 133.70 for the last quarter, with analysts predicting an average EPS of 227.19 for the current year.
  • Five stocks to consider instead of Whitbread.

Whitbread plc (LON:WTB - Get Free Report)'s stock price fell 10.3% during mid-day trading on Thursday . The company traded as low as GBX 2,876 ($38.66) and last traded at GBX 2,893 ($38.89). 2,658,615 shares were traded during mid-day trading, an increase of 58% from the average session volume of 1,682,901 shares. The stock had previously closed at GBX 3,224 ($43.34).

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Berenberg Bank lowered their target price on Whitbread from GBX 3,900 to GBX 3,500 and set a "buy" rating for the company in a research note on Wednesday, July 9th. Shore Capital reissued a "buy" rating on shares of Whitbread in a report on Thursday. Peel Hunt restated a "buy" rating and set a GBX 3,500 price objective on shares of Whitbread in a research report on Thursday. Finally, Citigroup raised their price objective on shares of Whitbread from GBX 3,600 to GBX 3,800 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of GBX 3,600.

View Our Latest Stock Analysis on Whitbread

Whitbread Stock Performance

The company has a market capitalization of £4.99 billion, a price-to-earnings ratio of 2,057.61, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. The company has a current ratio of 0.96, a quick ratio of 1.74 and a debt-to-equity ratio of 33.18. The stock's fifty day simple moving average is GBX 3,149.81 and its 200-day simple moving average is GBX 2,924.40.

Whitbread (LON:WTB - Get Free Report) last announced its quarterly earnings results on Thursday, October 16th. The company reported GBX 133.70 EPS for the quarter. Whitbread had a net margin of 8.08% and a return on equity of 6.83%. Analysts predict that Whitbread plc will post 227.1851852 EPS for the current year.

About Whitbread

(Get Free Report)

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.

See Also

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