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An update from Hostelworld ( (GB:HSW) ) is now available.
Hostelworld Group plc has repurchased 20,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback programme, paying between £1.18 and £1.205 per share at a volume-weighted average price of £1.1923. The repurchased shares will be cancelled, reducing the company’s share count to 124,035,794 ordinary shares in issue with none held in treasury, a move that marginally enhances earnings per share and underscores management’s continued use of capital-return measures to support shareholder value.
The most recent analyst rating on (GB:HSW) stock is a Hold with a £137.00 price target. To see the full list of analyst forecasts on Hostelworld stock, see the GB:HSW Stock Forecast page.
Spark’s Take on GB:HSW Stock
According to Spark, TipRanks’ AI Analyst, GB:HSW is a Neutral.
Hostelworld’s overall stock score reflects its strong financial performance and strategic corporate actions, such as share buybacks and acquisitions, which are enhancing shareholder value. However, the mixed technical indicators and moderate valuation suggest some caution. The company’s trajectory is positive, with room for further growth and optimization.
To see Spark’s full report on GB:HSW stock, click here.
More about Hostelworld
Hostelworld Group plc is a London-listed company operating an online booking platform focused on budget and hostel accommodation, catering primarily to cost-conscious and youth travelers worldwide through its digital marketplace.
Average Trading Volume: 144,846
Technical Sentiment Signal: Sell
Current Market Cap: £150.8M
For detailed information about HSW stock, go to TipRanks’ Stock Analysis page.