Whitbread Share Discussion Threads

[bountyhunter] 12/1/2024 12:36

Peel Hunt:

"The qualities of Whitbread include a rock-solid balance sheet, which is seen as a key strategic advantage when it comes to acquiring prime freehold and leasehold sites. It also has the security of market leadership through Premier Inn’s 12% of the UK hotel market.

Peel Hunt believes the shares have a 12% upside to 4,000p: “We suspect that Whitbread is undervalued because the implications of leadership are under-appreciated. We believe that it will continue to invest and grow, and squeeze out higher-cost and lower-quality competition."

[philanderer] 12/1/2024 12:03

Shore Capital: Shares not showing Whitbread’s growth potential


Whitbread (WTB) has a long runway of growth in front of it but this is not being reflected in the valuation, says Shore Capital.

Analyst Greg Johnson retained his ‘buy’ recommendation on the owner of the Premier Inn hotel chain, which is AAA-rated by Citywire Elite Companies. The shares were trading at £36.26.

It reported an 11% like-for-like sales increase in the 13 weeks to 30 November versus the same period last year on the back of strong demand and occupancy pricing.

Johnson said the shares are valued on a full-year 2024 price/earnings ratio of 15x and has a free cashflow yield of 9% but ‘such metrics appear too low given the attractive return on investment, an asset-rich, low-debt balance sheet, and its leading position in the UK hotel market’.

‘We see the key catalyst in the coming periods being the move into profitability in Germany and demonstrating it can generate comparable returns to the UK,’ he said.

‘If so, we see a significant runway for growth over the longer-term – ultimately for Ebitda to potentially double – which is yet to be reflected in the valuation.’


citywire.com

[bountyhunter] 12/1/2024 11:19

Next stop £40? Could get there quite quickly now.

[philanderer] 12/1/2024 11:14

Goldman Sachs raises Whitbread price target to 4,650 (4,550) pence - 'buy'

[bountyhunter] 12/1/2024 09:48

Same at the top for me as well.

[tlobs2] 12/1/2024 09:46

Same top two as me Phil

with TW in bronze position for me at the moment ;-)

[philanderer] 11/1/2024 17:41

WTB now the highest value holding in my portfolio :-O

My top 10:-

Whitbread
AB Foods
Vesuvius
AstraZeneca
Smiths Group
Unilever
Sainsbury
Imp.Brands
Tesco
Reckitt

[essentialinvestor] 11/1/2024 11:52

Any dip looks s chance to add atm, barring something unexpected.

[bountyhunter] 11/1/2024 11:03

They are obviously too cheap ;-)

[philanderer] 11/1/2024 10:26

Nice shareprice reaction but I've been hammered with MKS

[bountyhunter] 11/1/2024 08:52

I hope not, £40 would be nice though ;-)

[tlobs2] 11/1/2024 08:24

Can we see 40p as a reasonable target in the next month?

[bountyhunter] 11/1/2024 08:16

Results summary updated in header.

[bountyhunter] 11/1/2024 08:03

Off to a good start, up 68p

[tlobs2] 11/1/2024 07:16

Excellent results. Well done to all.

[bountyhunter] 11/1/2024 07:11

Yes SBRY was a bit of a damp Squib!
ShoeZone good though.

Re WTB today:

"Total accommodation sales up 47%(2) , led by the continued expansion of our estate"

[philanderer] 11/1/2024 00:32

bh, I've had bad reactions this week for my holdings in SHEL and SBRY. Hope this reverses thursday for updates from WTB , TSCO and MKS ;-)

[bountyhunter] 10/1/2024 17:31

11 JAN 2024
Q3 trading update

Expecting a good one!

[commuter10] 10/1/2024 09:44

Thanks for the info. Sounds Good Phil!

[philanderer] 09/1/2024 23:54

Morgan Stanley has highlighted its top picks in the leisure and hotel sectors for 2024, citing Flutter Entertainment PLC (LSE:FLTR), Accor, Whitbread PLC (LSE:WTB) and Compass Group PLC (LSE:CPG) as top 'overweight' stocks with a positive outlook on their future performance.

Travel firm Accor and Premier Inn-owner Whitbread are likely to be bolstered by “resilientR21; travel trends and UK hotel demand, while Europe’s largest foodservice group Compass has benefitted from “structural growth” in outsourcing.


proactiveinvestors.co.uk

[tlobs2] 08/1/2024 08:14

I remain optimistic on WTB !

Let's hope the trading update is as good as previous ones. :-)

[bountyhunter] 05/1/2024 07:47

11 JAN 2024
Q3 trading update

[philanderer] 05/1/2024 00:19

Whitbread sells stake in Pure

03-Jan-2024

Whitbread has sold its stake in health-focused grab and go brand Pure.

[essentialinvestor] 03/1/2024 12:29

It was a tad overbought, hopefully opportunities over the next 12 months.