News coverage about The Priceline Group (NASDAQ:PCLN) has trended somewhat positive this week, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. The Priceline Group earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 45.8991730930508 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Financial Survey: The Priceline Group (PCLN) & Its Peers (americanbankingnews.com)
- Anemic Quant Score Drop Priceline Group (PCLN) to Sell – Investorplace.com (investorplace.com)
- Priceline Falls 13% In One Day, Do You Buy, Sell Or Panic? (finance.yahoo.com)
- Financial Contrast: The Priceline Group (PCLN) and Its Rivals (americanbankingnews.com)
- Priceline’s Next 2 Quarters: Higher Expenses, Margins Take a Hit (finance.yahoo.com)
Several brokerages recently commented on PCLN. UBS AG reiterated a “buy” rating and set a $2,100.00 price target on shares of The Priceline Group in a research report on Thursday, August 10th. Credit Suisse Group reiterated an “outperform” rating and set a $2,000.00 price target (down from $2,070.00) on shares of The Priceline Group in a research report on Tuesday, November 7th. Piper Jaffray Companies reiterated an “overweight” rating and set a $110.00 price target (down from $2,150.00) on shares of The Priceline Group in a research report on Friday, July 28th. Barclays PLC reiterated an “overweight” rating on shares of The Priceline Group in a research report on Wednesday, August 9th. Finally, Susquehanna Bancshares Inc reiterated a “positive” rating and set a $2,200.00 price target (up from $2,150.00) on shares of The Priceline Group in a research report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, twenty-four have given a buy rating and one has assigned a strong buy rating to the company. The Priceline Group currently has a consensus rating of “Buy” and a consensus target price of $2,020.52.
The Priceline Group (PCLN) opened at $1,719.50 on Wednesday. The Priceline Group has a 12 month low of $1,459.49 and a 12 month high of $2,067.99. The company has a current ratio of 2.52, a quick ratio of 2.52 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $83,988.46, a PE ratio of 23.13, a P/E/G ratio of 1.36 and a beta of 1.43.
The Priceline Group (NASDAQ:PCLN) last posted its earnings results on Monday, November 6th. The business services provider reported $35.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $34.31 by $0.91. The Priceline Group had a return on equity of 33.02% and a net margin of 29.20%. The firm had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.34 billion. During the same quarter in the prior year, the company earned $29.69 EPS. The Priceline Group’s revenue was up 20.1% on a year-over-year basis. analysts forecast that The Priceline Group will post 74.44 earnings per share for the current year.
In other The Priceline Group news, CEO Gillian Tans sold 122 shares of the company’s stock in a transaction dated Monday, October 16th. The stock was sold at an average price of $1,940.00, for a total transaction of $236,680.00. Following the sale, the chief executive officer now owns 5,555 shares in the company, valued at approximately $10,776,700. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.24% of the stock is owned by corporate insiders.
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The Priceline Group Company Profile
The Priceline Group Inc is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.
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