Whitbread plc (LON:WTB) Insider Sells £89,447.40 in Stock

Whitbread plc (LON:WTB - Get Free Report) insider Dominic Paul sold 3,206 shares of Whitbread stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of GBX 2,790 ($37.54), for a total transaction of £89,447.40 ($120,354.41).

Whitbread Stock Up 2.0%

LON:WTB traded up GBX 56 ($0.75) during midday trading on Friday, hitting GBX 2,894 ($38.94). 1,088,394 shares of the company were exchanged, compared to its average volume of 2,325,794. The company has a fifty day simple moving average of GBX 2,631.47 and a 200 day simple moving average of GBX 2,745.35. Whitbread plc has a fifty-two week low of GBX 2,253 ($30.31) and a fifty-two week high of GBX 3,352 ($45.10). 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 company has a market capitalization of £5.17 billion, a PE ratio of 22.38, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11.

Whitbread (LON:WTB - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported GBX 194.60 ($2.62) earnings per share (EPS) for the quarter. Whitbread had a return on equity of 6.83% and a net margin of 8.08%. As a group, equities analysts anticipate that Whitbread plc will post 227.1851852 earnings per share for the current fiscal year.

Whitbread declared that its board has approved a stock repurchase program on Thursday, May 1st that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

Analyst Ratings Changes

WTB has been the topic of a number of analyst reports. Citigroup cut their price target on Whitbread from GBX 3,700 ($49.78) to GBX 3,300 ($44.40) and set a "buy" rating on the stock in a research note on Tuesday, April 15th. JPMorgan Chase & Co. downgraded Whitbread to a "neutral" rating in a report on Friday, March 7th. Finally, Shore Capital reissued a "buy" rating on shares of Whitbread in a research report on Thursday, May 1st. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, Whitbread currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 2,860 ($38.48).

Whitbread Company Profile

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.