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 most optimistic analyst gave a price target of 2250, implying potential capital gains of 11.11 percent. The minimum price target given was 1850, which equates to a potential downside of -8.65 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. PCLN has a PEG ratio of 0.69.
In the last 52-weeks, PCLN has achieved a high of 2043.95 and a low of 1310.00. Today's price is 54.59 percent above the 52-week low, and 0.92 percent below the 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.