SSP Group plc (LON:SSPG) Insider Jonathan Davies Purchases 78 Shares

SSP Group plc (LON:SSPG) insider Jonathan Davies acquired 78 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The stock was bought at an average cost of GBX 159 ($2.05) per share, with a total value of £124.02 ($159.82).

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

• On Thursday, February 6th, Jonathan Davies purchased 69 shares of SSP Group stock. The shares were bought at an average price of GBX 182 ($2.35) per share, for a total transaction of £125.58 ($161.83).
• On Monday, January 6th, Jonathan Davies acquired 71 shares of SSP Group stock. The shares were bought at an average price of GBX 176 ($2.27) per share, with a total value of £124.96 ($161.03).
• On Friday, December 6th, Jonathan Davies bought 67 shares of SSP Group stock. The stock was purchased at an average cost of GBX 186 ($2.40) per share, for a total transaction of £124.62 ($160.59).

SSP Group Trading Down 1.5 %

Shares of SSP Group stock opened at GBX 159.50 ($2.06) on Friday. The stock has a market cap of £1.27 billion, a PE ratio of 167.17, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88. The firm has a fifty day moving average price of GBX 174.47 and a 200 day moving average price of GBX 169.63. SSP Group plc has a 1 year low of GBX 142.20 ($1.83) and a 1 year high of GBX 227.60 ($2.93). The company has a debt-to-equity ratio of 852.29, a current ratio of 0.44 and a quick ratio of 0.66.

SSP Group (LON:SSPG) last announced its quarterly earnings results on Tuesday, December 3rd. The company reported GBX 8.10 ($0.10) earnings per share for the quarter. SSP Group had a return on equity of 3.64% and a net margin of 0.24%. Equities research analysts predict that SSP Group plc will post 13.1004016 earnings per share for the current year.

SSP Group Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 27th. Stockholders of record on Thursday, January 30th were paid a GBX 2.30 ($0.03) dividend. This is an increase from SSP Group’s previous dividend of $1.20. The ex-dividend date of this dividend was Thursday, January 30th. This represents a dividend yield of 1.42%. SSP Group’s dividend payout ratio is presently 209.62%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price target on SSP Group from GBX 200 ($2.58) to GBX 210 ($2.71) and gave the company a “neutral” rating in a research note on Thursday, December 12th. Shore Capital reaffirmed a “house stock” rating on shares of SSP Group in a report on Thursday, January 23rd.

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.