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.
PCLN was given price targets by several analysts. The maximum price target given was 2250, which equates to a potential upside of 11.11 percent. The minimum price target given was 1850, which equates to a potential downside of -8.65 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. If we look at the last 90 days instead, we find a net average change of -0.66 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
PCLN has an estimated earnings growth rate of 66.67 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. PCLN has a PEG ratio of 0.69.
In the trailing 52-weeks, PCLN hit 2043.95 at the highest peak, while it's lowest trading point was 1310.00. Today's price is 54.59 percent above the 52-week low, and 0.92 percent below the high. PCLN has a P/E 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 stock has a market capitalization of $99.97 billion. PCLN will post this quarters earnings in days, on 0000-00-00.