Hostelworld Group (HSW)

Sector:

Tourism and Leisure Services

Index:

FTSE Small Cap

161.00p
   
  • Change Today:
      4.50p
  • 52 Week High: 170.50
  • 52 Week Low: 105.50
  • Currency: UK Pounds
  • Shares Issued: 124.99m
  • Volume: 898,589
  • Market Cap: £201.23m

Tuesday preview: Indicative votes and Cabinet meeting in focus

By Alexander Bueso

Date: Monday 01 Apr 2019

LONDON (ShareCast) - (Sharecast News) - The focus on Tuesday will be squarely on the results of the previous night\'s indicative votes.
Prime Minister, Theresa May, has called a five-hour Cabinet meeting to discuss the results and decide what the next steps should be.

Speculation is that she might push for another vote on her proposed withdrawal package, using lawmakers\' preferred way forward as an incentive for Brexit\'s backers to back her.

But speculation is increasing that, if faced with a soft Brexit, she might go down the route of calling for snap elections.

In any case, no meaningful vote is scheduled for Tuesday.

No major economic releases are scheduled, although at 0800 BST Kantar will publish its grocery share figures and inflation update spanning the 12 weeks ending 24 March.

Across the Channel, the only relevant economic report due to be published is Eurostat\'s factory price index referencing the month of February, at 1000 BST.

It will be followed by a reading on US durable goods orders for February at 1330 BST and monthly vehicle sales data from the main American manufacturers later in the session.

For YouGov, Numis\'s Steve Liechti has penciled-in six month adjusted profits before tax of £12m for earnings per share 8p.

Liechti believes the company is on track to deliver on its target for a five year compound annual rate of growth of 25% for its earnings per share and told clients that he is keen for the details of the company\'s next plan.

Revenues are seen 11% higher at £63.0m with like-for-like sales up by 9%, driven by Data Products and Services.

He anticipates no pay-out will be forthcoming at the half-year stage, as is customary, with fiscal year-end net cash at £36m.



Numis\'s Tim Barrett meanwhile is calling for €21.0m of full-year EBITDA at Hostelworld, down from €26.4m in the year before, with the payout declining from 17.1 cents to 13.1 cents.

Net cash on the other hand is seen higher by €5.0m to €25.0m, even after the distribution of €15.0m in dividends last year \"reflecting the

highly attractive cash generation inherent at HSW\".

But in any case what mattered most appeared to be the firm\'s ability to return to growth in bookings and for Barrett that was indeed possible.

\"We remain positive on the potential for the hostel OTA market, where in time we believe HSW s bookings growth can match the 8-10% industry rate.\"

Tuesday April 02

INTERIMS

YouGov

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Durable Goods Orders (US) (13:30)

Producer Price Index (EU) (10:00)

FINALS

Belvoir Lettings, DP Eurasia N.V. (DI) , Hydrogen Group, M. P. Evans Group, Next Fifteen Communications, Nucleus Financial Group , Proteome Sciences, TP Group, Trinity Exploration & Production

ANNUAL REPORT

Restore

AGMS

Rights & Issues Inv Trust Income Shares

UK ECONOMIC ANNOUNCEMENTS

PMI Construction (09:30)

Email this article to a friend

or share it with one of these popular networks:


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

 

HSW Market Data

Currency UK Pounds
Share Price 161.00p
Change Today 4.50p
% Change 2.88 %
52 Week High 170.50
52 Week Low 105.50
Volume 898,589
Shares Issued 124.99m
Market Cap £201.23m

HSW Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
75.73% below the market average75.73% below the market average75.73% below the market average75.73% below the market average75.73% below the market average
88.46% below the sector average88.46% below the sector average88.46% below the sector average88.46% below the sector average88.46% below the sector average
Price Trend
81.27% above the market average81.27% above the market average81.27% above the market average81.27% above the market average81.27% above the market average
89.29% above the sector average89.29% above the sector average89.29% above the sector average89.29% above the sector average89.29% above the sector average
Income Not Available
Growth
48.50% above the market average48.50% above the market average48.50% above the market average48.50% above the market average48.50% above the market average
32.08% above the sector average32.08% above the sector average32.08% above the sector average32.08% above the sector average32.08% above the sector average

What The Brokers Say

Strong Buy 4
Buy 4
Neutral 0
Sell 0
Strong Sell 0
Total 8
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HSW Dividends

  Latest Previous
  Interim Final
Ex-Div 29-Aug-19 09-May-19
Paid 20-Sep-19 05-Jun-19
Amount 4.20¢ 9.00¢

Trades for 14-May-2024

Time Volume / Share Price
15:15 601 @ 161.00p
15:05 649 @ 161.00p
14:11 951 @ 161.50p
14:11 951 @ 161.00p
13:31 1,279 @ 161.00p

HSW Key Personnel

Chair Michael Cawley
CEO Gary Morrison

Top of Page