Whitbread (LON:WTB) Sets New 1-Year Low – Should You Sell?

Whitbread plc (LON:WTB)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 2,600 ($33.04) and last traded at GBX 2,601 ($33.05), with a volume of 978628 shares trading hands. The stock had previously closed at GBX 2,667 ($33.89).

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Shore Capital restated a “buy” rating on shares of Whitbread in a research note on Thursday, January 16th. Berenberg Bank dropped their target price on shares of Whitbread from GBX 4,000 ($50.83) to GBX 3,900 ($49.56) and set a “buy” rating on the stock in a research report on Tuesday, December 10th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Whitbread presently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,713.33 ($34.48).

Whitbread Stock Down 2.5 %

The company has a debt-to-equity ratio of 33.18, a quick ratio of 1.74 and a current ratio of 0.96. The firm has a market cap of £4.64 billion, a price-to-earnings ratio of 20.11, a PEG ratio of -3.09 and a beta of 1.11. The business’s 50 day moving average price is GBX 2,827.37 and its 200 day moving average price is GBX 2,939.01.

Insider Activity at Whitbread

In other Whitbread news, insider Kal Atwal purchased 1,130 shares of Whitbread stock in a transaction that occurred on Thursday, February 20th. The stock was bought at an average price of GBX 2,621 ($33.31) per share, with a total value of £29,617.30 ($37,637.95). 1.03% of the stock is owned by company insiders.

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.