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

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

The Pebble Group Trading Down 3.0 %

LON:PEBB opened at GBX 38.30 ($0.49) on Monday. The firm has a market capitalization of £63.06 million, a P/E ratio of 11.22 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 Pebble Group has a one year low of GBX 38.10 ($0.49) and a one year high of GBX 69 ($0.89). The company’s 50-day simple moving average is GBX 44.10 and its 200 day simple moving average is GBX 47.23.

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

The Pebble Group Increases Dividend

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

Insider Buying and Selling

In related news, insider Claire Louise Thomson sold 72,336 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of GBX 45 ($0.58), for a total value of £32,551.20 ($41,909.62). 12.02% of the stock is currently owned by company insiders.

About The Pebble Group

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.