On The Beach Group (OTB)

Sector:

Tourism and Leisure Services

Index:

FTSE Small Cap

138.20p
   
  • Change Today:
      4.80p
  • 52 Week High: 178.00
  • 52 Week Low: 82.80
  • Currency: UK Pounds
  • Shares Issued: 166.98m
  • Volume: 1,261,252
  • Market Cap: £230.77m

Shore Capital starts On The Beach at 'buy'

By Michele Maatouk

Date: Monday 26 Jun 2023

LONDON (ShareCast) - (Sharecast News) - Shore Capital initiated coverage of On The Beach on Monday with a 'buy' rating, with a fair value of 170p and 75% upside potential.
"On the Beach (OTB) is a leading player in the short haul beach holiday market," the broker noted.

"Whilst revenue has returned to pre-pandemic levels, profit remains lower, and the group is facing competition from the rise of well-known travel names offering package holidays.

"On just circa 3x FY23F EBITDA, we believe the market is overly discounting this competitive backdrop along with near-term concerns on the supply/demand balance."

ShoreCap said it sees broadly favourable seat capacity with a significant market share opportunity.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

OTB Market Data

Currency UK Pounds
Share Price 138.20p
Change Today 4.80p
% Change 3.60 %
52 Week High 178.00
52 Week Low 82.80
Volume 1,261,252
Shares Issued 166.98m
Market Cap £230.77m

OTB Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
12.96% below the market average12.96% below the market average12.96% below the market average12.96% below the market average12.96% below the market average
17.65% below the sector average17.65% below the sector average17.65% below the sector average17.65% below the sector average17.65% below the sector average
Price Trend
33.41% above the market average33.41% above the market average33.41% above the market average33.41% above the market average33.41% above the market average
34.55% above the sector average34.55% above the sector average34.55% above the sector average34.55% above the sector average34.55% above the sector average
Income
56.87% below the market average56.87% below the market average56.87% below the market average56.87% below the market average56.87% below the market average
30% below the sector average30% below the sector average30% below the sector average30% below the sector average30% below the sector average
Growth
94.43% above the market average94.43% above the market average94.43% above the market average94.43% above the market average94.43% above the market average
92.45% above the sector average92.45% above the sector average92.45% above the sector average92.45% above the sector average92.45% above the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 1
Sell 1
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

OTB Dividends

  Latest Previous
  Interim Final
Ex-Div 30-May-24 09-Jan-20
Paid 28-Jun-24 13-Feb-20
Amount 0.90p 2.00p

Trades for 17-May-2024

Time Volume / Share Price
16:35 10,000 @ 138.20p
16:35 10,000 @ 138.20p
16:35 1,146 @ 138.20p
16:35 99,428 @ 138.20p
16:35 1 @ 138.20p

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