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Whitbread (LON:WTB) Stock Price Down 10.3% - Time to Sell?

Whitbread logo with Consumer Cyclical background

Key Points

  • Whitbread plc's stock price fell by 10.3% to GBX 2,893 ($38.78), with trading volume increasing by 58% from the daily average.
  • Analysts maintain a generally positive outlook with four "buy" ratings and a target price consensus of GBX 3,600.
  • The company reported an earnings per share (EPS) of GBX 133.70 for the last quarter and has a market cap of approximately £4.99 billion.
  • MarketBeat previews the top five stocks to own by November 1st.

Whitbread plc (LON:WTB - Get Free Report)'s stock price dropped 10.3% on Thursday . The stock traded as low as GBX 2,876 ($38.55) and last traded at GBX 2,893 ($38.78). Approximately 2,658,615 shares changed hands during trading, an increase of 58% from the average daily volume of 1,682,901 shares. The stock had previously closed at GBX 3,224 ($43.22).

Wall Street Analyst Weigh In

WTB has been the topic of several analyst reports. Peel Hunt reaffirmed a "buy" rating and set a GBX 3,500 price target on shares of Whitbread in a report on Thursday. Citigroup lifted their price target on shares of Whitbread from GBX 3,600 to GBX 3,800 and gave the company a "buy" rating in a 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 report on Wednesday, July 9th. Finally, Shore Capital reaffirmed a "buy" rating on shares of Whitbread in a report on Thursday. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Whitbread has a consensus rating of "Moderate Buy" and an average target price of GBX 3,600.

Check Out Our Latest Stock Analysis on WTB

Whitbread Price Performance

The firm's fifty day moving average price is GBX 3,152.79 and its 200 day moving average price is GBX 2,921.34. The company has a quick ratio of 1.74, a current ratio of 0.96 and a debt-to-equity ratio of 33.18. The stock has a market cap of £4.99 billion, a PE ratio of 2,057.61, a P/E/G ratio of -3.09 and a beta of 1.11.

Whitbread (LON:WTB - Get Free Report) last released its 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%. As a group, equities analysts expect that Whitbread plc will post 227.1851852 EPS for the current fiscal year.

Whitbread Company Profile

(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.

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