SSP Group plc (LON:SSPG) Insider Purchases £124.96 in Stock

SSP Group plc (LON:SSPG) insider Jonathan Davies bought 71 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were acquired at an average cost of GBX 176 ($2.20) per share, with a total value of £124.96 ($156.34).

Jonathan Davies also recently made the following trade(s):

• On Friday, December 6th, Jonathan Davies purchased 67 shares of SSP Group stock. The shares were bought at an average price of GBX 186 ($2.33) per share, with a total value of £124.62 ($155.91).
• On Wednesday, November 6th, Jonathan Davies bought 78 shares of SSP Group stock. The stock was bought at an average price of GBX 161 ($2.01) per share, for a total transaction of £125.58 ($157.11).

SSP Group Stock Down 0.8 %

Shares of LON:SSPG opened at GBX 176.70 ($2.21) on Tuesday. The company has a market cap of £1.41 billion, a price-to-earnings ratio of 17,670.00, a PEG ratio of -0.77 and a beta of 1.88. SSP Group plc has a one year low of GBX 142.20 ($1.78) and a one year high of GBX 235 ($2.94). The firm has a fifty day moving average price of GBX 170.25 and a two-hundred day moving average price of GBX 167.08. The company has a debt-to-equity ratio of 595.27, a current ratio of 0.35 and a quick ratio of 0.66.

SSP Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, February 27th. Investors of record on Thursday, January 30th will be given a GBX 2.30 ($0.03) dividend. This represents a dividend yield of 1.42%. This is a boost from SSP Group’s previous dividend of $1.20. The ex-dividend date of this dividend is Thursday, January 30th. SSP Group’s dividend payout ratio is 20,000.00%.

Analyst Ratings Changes

SSPG has been the subject of several research reports. JPMorgan Chase & Co. increased their price objective on SSP Group from GBX 200 ($2.50) to GBX 210 ($2.63) and gave the company a “neutral” rating in a report on Thursday, December 12th. Berenberg Bank reissued a “hold” rating and issued a GBX 180 ($2.25) price objective on shares of SSP Group in a report on Wednesday, October 16th. Finally, Shore Capital reaffirmed a “house stock” rating on shares of SSP Group in a report on Wednesday, December 4th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 246.25 ($3.08).

SSP Group Company Profile

SSP is a leading operator of food and beverage outlets in travel locations worldwide, with c.37,000 colleagues in over 600 locations across 36 countries. We operate sit-down and quick service restaurants, cafes, lounges and food-led convenience stores, principally in airports and train stations, with a portfolio of more than 550 international, national and local brands.