The Pebble Group’s (PEBB) Buy Rating Reaffirmed at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of The Pebble Group (LON:PEBB) in a research report report published on Monday morning,Digital Look reports. Berenberg Bank currently has a GBX 100 ($1.29) price target on the stock.

The Pebble Group Price Performance

LON:PEBB traded down GBX 0.50 ($0.01) during trading hours on Monday, reaching GBX 39.50 ($0.51). 83,443 shares of the company were exchanged, compared to its average volume of 332,742. The company has a market capitalization of £65.04 million, a P/E ratio of 11.57 and a beta of 1.14. The company has a debt-to-equity ratio of 8.25, a current ratio of 1.94 and a quick ratio of 1.16. The business has a 50 day moving average of GBX 44.33 and a 200 day moving average of GBX 47.50. The Pebble Group has a 1-year low of GBX 38.20 ($0.49) and a 1-year high of GBX 69 ($0.89).

The Pebble Group (LON:PEBB) last released its earnings results on Tuesday, March 18th. The company reported GBX 4.63 ($0.06) earnings per share (EPS) for the quarter. The Pebble Group had a return on equity of 6.55% and a net margin of 4.74%. Research analysts forecast that The Pebble Group will post 5.0724638 EPS for the current year.

The Pebble Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, June 13th. Investors of record on Thursday, May 15th will be given a dividend of GBX 1.85 ($0.02) per share. This is a positive change from The Pebble Group’s previous dividend of $1.20. The ex-dividend date is Thursday, May 15th. This represents a dividend yield of 4.62%. The Pebble Group’s dividend payout ratio (DPR) is currently 29.29%.

Insiders Place Their Bets

In related news, insider Claire Louise Thomson sold 72,336 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of GBX 45 ($0.58), for a total transaction of £32,551.20 ($42,061.25). Insiders own 12.02% of the company’s stock.

The Pebble Group Company Profile

The Pebble Group plc (www.thepebblegroup.com) is a provider of digital commerce, products and related services to the global promotional products industry, comprising two differentiated businesses, focused on specific areas of the promotional products market: Facilisgroup (www.facilisgroup.com) and Brand Addition (www.brandaddition.com).

Facilisgroup focuses on supporting the growth of mid-sized promotional product businesses in North America by providing a digital commerce platform, which enables those businesses to benefit from significant business efficiency and gain meaningful supply chain advantage from the ability to purchase from quality suppliers under preferred terms.

Brand Addition focuses upon providing promotional products and related services under contract to some of the world’s most recognisable brands.