The Pebble Group (LON:PEBB) Earns Buy Rating from Berenberg Bank

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

The Pebble Group Stock Down 3.0 %

PEBB opened at GBX 38.30 ($0.49) on Monday. The Pebble Group has a twelve month low of GBX 38.10 ($0.49) and a twelve month high of GBX 69 ($0.89). The company has a quick ratio of 1.16, a current ratio of 1.94 and a debt-to-equity ratio of 8.25. The firm has a 50 day moving average price of GBX 44.10 and a 200-day moving average price of GBX 47.23. The stock has a market capitalization of £63.06 million, a price-to-earnings ratio of 11.22 and a beta of 1.14.

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

The Pebble Group Increases Dividend

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

Insider Activity

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

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.