Analyst Ratings for Priceline Group Inc. (PCLN)Updated: 2017-07-27
Shares of Priceline Group Inc. (NASDAQ:PCLN) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for PCLN last month.
31 analysts issued ratings on the stock, where 22 gave PCLN a buy rating, 2 gave an overweight rating, 7 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for PCLN. The highest price target was 2250, implying potential capital gains of 11.11 percent. The minimum price target given was 1850, implying potential capital losses of -8.65 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.04 percent. That number becomes -6.26 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.3 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.66 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of PCLN to grow at a rate of 66.67 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of PCLN is 0.69.
PCLN has a 52-week high of 2043.95 and a 52-week low of 1310.00. The current market price is above the trailing year's low by 54.59 percent, and 0.92 percent lower than its 52-week high. PCLN has a price/earnings ratio of 45.7. Investors typically compare the P/E ratio to a company's peers in the industry. The PCLN value stock report compares PCLN to some of its peers using value stock charts. The market cap of PCLN is $99.97 billion. PCLN will post this quarters earnings in days, on 0000-00-00.