Whitbread (LON:WTB) Stock Price Down 9.5% - What's Next?

Whitbread plc (LON:WTB - Get Free Report)'s share price was down 9.5% during mid-day trading on Thursday . The company traded as low as GBX 2,916 ($39.09) and last traded at GBX 2,919 ($39.13). Approximately 728,994 shares changed hands during trading, a decline of 56% from the average daily volume of 1,673,301 shares. The stock had previously closed at GBX 3,224 ($43.22).

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on WTB shares. Citigroup boosted their target price on Whitbread from GBX 3,600 to GBX 3,800 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Berenberg Bank cut their target price on 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 assigned a Hold rating to the stock. According to MarketBeat.com, Whitbread presently has a consensus rating of "Moderate Buy" and an average target price of GBX 3,650.

Whitbread Stock Down 7.8%

The stock has a market capitalization of £5.13 billion, a price-to-earnings ratio of 2,115.22, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. 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 firm has a 50-day moving average of GBX 3,152.79 and a two-hundred day moving average of GBX 2,921.34.

Whitbread (LON:WTB - Get Free Report) last posted its quarterly earnings results on Thursday, October 16th. The company reported GBX 133.70 earnings per share for the quarter. Whitbread had a return on equity of 6.83% and a net margin of 8.08%. As a group, sell-side analysts anticipate that Whitbread plc will post 227.1851852 earnings per share for the current year.

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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