Priceline Group Inc

Most Recent

  • uploads///Margins
    Earnings Report

    Do Analyst Estimates Suggest that Priceline’s Margins Have Peaked?

    Analyst estimates For 4Q15, analysts are estimating Priceline’s (PCLN) EBITDA (earnings before interest, tax, depreciation, and amortization) to grow by 5% to $749 million with an EBITDA margin of 38%. For fiscal 2015, its EBITDA is expected to grow by 7% to $3,695 million with an EBITDA margin of 40.3%, a decline as compared to 2014. […]

    By Ally Schmidt
  • uploads///Valuation
    Earnings Report

    Expedia’s Valuation: What Is Priced In?

    Expedia (EXPE) currently trades at a forward PE (price-to-earnings) multiple of 16.79x. This is significantly higher than its average valuation of 12.61x since November 2008.

    By Ally Schmidt
  • uploads///losers
    Company & Industry Overviews

    Top Losers in the Consumer Sector August 7–11, 2017

    Macy’s (M) reported its fiscal 2Q17 results on August 10, 2017. Its earnings fell 11.1% to $0.48 per share compared to $0.54 in fiscal 2Q16.

    By Sushree Mohanty
  • uploads///Stock reaction to Trump win
    Miscellaneous

    How Have Travel Stock Prices Reacted to Trump’s Win?

    After initial jitters, the S&P 500 recovered by a wide margin, rising 1.1% at the close of trading on November 9, 2016.

    By Ally Schmidt
  • uploads///Priceline Revenues
    Fund Managers

    Highlights of Priceline Group’s Performance in 4Q14

    For 4Q14, Priceline Group recorded bookings of $10.7 billion—up 17% YoY. Room nights booked grew by 24% and rental car days grew by 16%.

    By Patricia Garner
  • uploads///ANR
    Consumer

    Investors Digesting Analysts’ Optimism over Expedia

    Out of the 28 analysts surveyed by Bloomberg who track Expedia (EXPE), 19 analysts have a “buy” recommendation on the stock, eight analysts have a “hold” rating, and one analyst has a “sell” rating.

    By Ally Schmidt
  • uploads///ANR
    Consumer

    What Analysts Recommend for Priceline after 3Q17 Results

    Of the 31 analysts rating Priceline’s stock after the company’s 3Q17 earnings report, 19.4% (six analysts) have issued a “strong buy” rating and 58.1% (18 analysts) have issued a “buy” rating.

    By Ally Schmidt
  • uploads///Hotel segment
    Company & Industry Overviews

    Why Are Reservations Ctrip’s Leading Revenue Generator?

    CTrip’s Accommodation Reservation segment formed in 1999. It very quickly emerged as the company’s leading revenue generator.

    By Ally Schmidt
  • uploads///PCLN
    Consumer

    Eton Park Capital opens new positions in FDO, STZ, BID, EQIX, Sells NLSN, PCLN – 13F Flash

      In this six-part series, we will go through some of the main positions Eton Park Capital traded this past quarter Eton Park Capital Management is a multi-strategy hedge fund founded in November 2004 by former Goldman Sachs partner Eric Mindich. The firm started new positions in Family Dollar Stores (FDO) , Constellation Brands (STZ), […]

    By Samantha Nielson
  • uploads///AAL
    Consumer

    Appaloosa Management raises its stake in American Airlines Group

    Appaloosa Management enhanced its position in American Airlines Group Inc. (AAL) last quarter that now accounts for 3.48% of Appaloosa’s total 1Q portfolio.

    By Samantha Nielson
  • uploads///Stock
    Miscellaneous

    How Did the Market React to the Terror Attack in Brussels?

    SPY closed almost flat on March 22. It recovered after an initial sell-off following the terror attack in Brussels. This is common after the uncertainty of an event.

    By Ally Schmidt
  • uploads///Priceline forward PE
    Earnings Report

    Is Priceline’s Stock Too Expensive?

    Priceline doesn’t offer any cash dividends on its common stock since it prefers to retain future earnings to finance the expansion of its business.

    By Ally Schmidt
  • uploads///Leverage
    Earnings Report

    Have Heavy Investments Led to High Debt for Qunar?

    Qunar (QUNR) has been investing heavily in order to drive business growth. However, this has resulted in operating losses.

    By Ally Schmidt
  • uploads///Leverage
    Consumer

    TripAdvisor Better Do This to Reduce Its Leverage in 2H16

    The total debt on TripAdvisor’s (TRIP) balance sheet has decreased from $288 million at the end of 2Q15 to $92 million at the end of 2Q16.

    By Ally Schmidt
  • uploads///App
    Consumer

    Must-know: Appaloosa Management’s positions in 1Q 2014

    David Tepper’s Appaloosa Management initiated new positions and sold some existing positions in 1Q 2014. The $20 billion fund’s U.S. long portfolio increased from $7.97 billion in 4Q 2013 to $9.05 billion in 1Q 2014.

    By Samantha Nielson
  • uploads///Pricelines Performance As Compared to the Overall Technology Sector and SP  Index
    Fund Managers

    Morgan Stanley on Priceline: ‘Top-Line Addressable Market Is Expanding’

    Priceline is currently trading at $1,804.00. Its 52-week high is $1,807.78, and its 52-week low is $1,148.06.

    By Sarah Sands
  • uploads///Metrics
    Earnings Report

    What Do Qunar’s Key Metrics Suggest about Future Growth Potential?

    Unlike other online travel industry majors like Priceline (PCLN), Expedia (EXPE), and Ctrip (CTRP), Qunar Cayman Islands (QUNR) earns the highest revenue from flight reservations.

    By Ally Schmidt
  • uploads///Revenue
    Earnings Report

    Will Market Share Gains Continue to Drive Priceline’s Revenue Growth in 2016?

    For 3Q16, analysts are estimating Priceline’s revenues to grow by 16.6%, which would be higher than the 12% growth the company saw in the second quarter.

    By Ally Schmidt
  • uploads///Online Travel agency US market share
    Company & Industry Overviews

    Amazon Enters the Online Travel Market with Amazon Destinations

    The online travel market is consolidating. Expedia’s market share will rise to 75% with its acquisitions of Orbitz and Travelocity.

    By Puneet Sikka
  • uploads///ANR
    Earnings Report

    Analysts’ Mixed Recommendations for Qunar Cayman Islands

    Qunar Cayman Islands (QUNR) is expected to report its fiscal 4Q15 earnings on March 21, 2016. Of the 12 analysts tracking Qunar, six analysts have a “buy” recommendation on the stock.

    By Ally Schmidt
  • uploads///PCLN ANR
    Consumer

    What Do Analysts Recommend for Priceline?

    Priceline’s consensus 12-month target price is $1,479.55, which indicates an 11.5% return potential.

    By Ally Schmidt
  • uploads///AAL
    Consumer

    American Airlines gets significantly lower position in Appaloosa

    Appaloosa Management significantly lowered its position in American Airlines (AAL) in the third quarter that ended in September 2014. The position accounts for 3.81% of the fund’s total third-quarter portfolio.

    By Samantha Nielson
  • uploads///Amazon and Priceline margins
    Company & Industry Overviews

    Why Did Amazon Shut Down Its Online Travel Business?

    In April, Amazon had launched its new travel and hotel service, called Amazon Destinations.

    By Puneet Sikka
  • uploads///Priceline stock performance
    Miscellaneous

    How Has the Market Reacted to Priceline’s Acquisition of Momondo?

    Year-to-date through February 23, 2017, Priceline (PCLN) stock has risen 11.7%, outperforming rivals Expedia and TripAdvisor (TRIP).

    By Ally Schmidt
  • uploads///Risks
    Company & Industry Overviews

    TripAdvisor’s Future: Key Risks that the Company Could Face

    Online travel industry leaders like Priceline (PCLN) and Expedia (EXPE) have a mixed relationship. They’re partners as well as competitors.

    By Ally Schmidt
  • uploads///Jensens Alpha of Consumer Discretionary Mutual Funds
    Macroeconomic Analysis

    Mutual Funds: A Comparative Analysis Using Jensen’s Alpha

    Jensen’s alpha determines how much extra return a fund has earned above the expected return while considering the non-diversifiable risk of the market.

    By Mark Jonker
  • uploads///PCLN revenue
    Consumer

    What Does High Bookings Growth Mean For Priceline’s Revenue Growth?

    Priceline Group’s (PCLN) gross bookings grew by about 19% YoY (year-over-year) during 2Q16. These strong international bookings drove overall bookings.

    By Ally Schmidt
  • Consumer

    Why Priceline and Expedia clash over “opaque” hotel offerings

    Priceline earns the majority of its revenues from the agency model, under which third parties such as hotel suppliers set the rates while Priceline earns a commission on the transaction.

    By Samantha Nielson
  • Consumer

    Comparing Orbitz Worldwide to its online travel peers like Expedia

    We compared Orbitz Worldwide Inc. (OWW) with its peers Expedia (EXPE), The Priceline Group (PCLN), the China-based Ctrip.com International (CTRP), and TripAdvisor (TRIP) in the OTA (online travel agency) space.

    By Samantha Nielson
  • uploads///events
    Company & Industry Overviews

    Key Dates for Consumer Stocks this Week

    Credit Suisse raised its price target for Brown-Forman stock to $61 from $55 with a “neutral” rating. Berenberg raised its target to $52 with a “hold.”

    By Sushree Mohanty
  • Consumer

    OTPP opens new position in Alibaba Group

    OTPP added a new position in Alibaba Group Holding (BABA) during the third quarter that ended in September. The position accounted for 0.09% of the fund’s total portfolio.

    By Samantha Nielson
  • uploads///Hotel
    Earnings Report

    Which Segment Is Ctrip’s Biggest Contributor to Growth?

    Hotels make up a significant part of Ctrip’s revenues—39% of total revenues in 2Q16—similar to OTA peers Priceline, Expedia, and TripAdvisor.

    By Ally Schmidt
  • uploads///Stock Price
    Earnings Report

    Why Is TripAdvisor’s Stock in Free Fall after Its 3Q16 Earnings?

    TripAdvisor (TRIP) reported its 3Q16 results on November 8, 2016. Although the company’s results missed analysts’ estimates on the revenue front, they slightly beat analysts’ earnings estimates.

    By Ally Schmidt
  • Tech & Comm Services

    Why you should know the key differences between job reports

    Few economic releases elicit as much reaction from both the stock (IVV) and bond (BND) markets as the employment reports issued by Automatic Data Processing (ADP) and the Bureau of Labor Statistics (the BLS).

    By Phalguni Soni
  • uploads///Online Travel agency US market share
    Miscellaneous

    Did Expedia acquire Orbitz out of fear of Amazon?

    Expedia (EXPE) announced its intention to buy Orbitz Worldwide (OWW) for a valuation of $1.8 billion. Just last month, Expedia acquired Travelocity.

    By Puneet Sikka
  • uploads///Stock
    Earnings Report

    Ctrip Stock Continues to Lose Value in November

    On November 18, Ctrip.com’s (CTRP) stock price fell 5% to $42.02. The stock has had quite a volatile ride in 2016, though some of this was also expected.

    By Ally Schmidt
  • uploads///Expedia Worldwide Hotel Revenue
    Consumer

    Expedia rolls out ETP program to compete with agency model peers

    During 2012, Expedia introduced the Expedia Traveler Preference (ETP) program in the U.S. that offers travelers the choice to either pay Expedia at the time of booking or pay the hotel at the time of stay.

    By Samantha Nielson
  • uploads///PCLN Acquisitions
    Earnings Report

    Priceline Continues to Expand Using Acquisitions

    Priceline (PCLN) and Expedia (EXPE) have been on an acquisition spree. They’ve spent more than $7.6 billion collectively on acquisitions over the last two years.

    By Ally Schmidt
  • uploads///Key metrics
    Company & Industry Overviews

    What Do the Key Metrics for TripAdvisor Suggest?

    For 3Q16, TRIP’s revenue per shopper fell 12%. This is slightly better than the 24% decline seen in 1Q16 and the 19% decline seen in 2Q16.

    By Ally Schmidt
  • uploads///Trivago key metrics
    Company & Industry Overviews

    Analyzing Trivago’s Key Metrics

    RQPR rose 2.1% in 2015 to 1.5 euros compared to 1.4 euros in 2014. For the nine months ended in September 2016, RQPR fell 6.0%.

    By Ally Schmidt
  • uploads///PCLN Stock
    Consumer

    Why Did Priceline Stock Rally after the 2Q16 Results?

    Priceline (PCLN) beat analyst estimates for earnings, driven in particular by a strong increase in bookings. However, it missed analysts’ revenue estimates.

    By Ally Schmidt
  • uploads///Inter vs domestic
    Company & Industry Overviews

    How Has International Growth Helped Priceline?

    Despite the slowing domestic market growth, the strong growth in international demand for Priceline’s services has been the key driver of the company’s revenues.

    By Ally Schmidt
  • uploads///Expedia Thinkum Model
    Consumer

    Online travel giant Expedia’s must-know overview for investors

    Expedia’s recent quarterly earnings beat Wall Street estimates, and it posted fiscal 2013 adjusted earnings of $3.22 per share on revenues of $4.8 billion.

    By Samantha Nielson
  • uploads///Expedia Ad Revenues
    Consumer

    Expedia’s trivago acquisition raises advertising revenue growth

    Officially launched in 2005, Expedia’s trivago is a known travel brand in Europe and continues to operate independently, and grow revenue via global expansion.

    By Samantha Nielson
  • uploads///OWW
    Fund Managers

    A Bird’s-Eye View of Orbitz Worldwide’s Full Year Performance

    In fiscal 2014, Orbitz posted double-digit revenue growth on the back of strong hotel bookings. It experienced a 10% year-over-year growth in total revenues to $932 million.

    By Santiago Solari
  • uploads///Valuation
    Consumer

    Priceline’s Valuation after 2Q16: What’s Priced In?

    Priceline currently trades at a forward PE multiple of 19.5x. This is slightly lower than its average valuation of 19.9x since February 2006.

    By Ally Schmidt
  • uploads///Valuation
    Consumer

    Valuation: Priceline Versus Its Peers

    As of November 6, 2015, Priceline’s forward PE ratio stood at 21.8x, and its average valuation stands at 20x.

    By Ally Schmidt
  • uploads///PCLNPART
    Fund Managers

    Eton Park Initiates a New Position in Priceline Group in 4Q14

    In 4Q14, around 112 hedge funds created a new position in Priceline Group—including Eton Park. Its other top new positions were CDK Global, EQT, and KLX.

    By Patricia Garner
  • uploads///ANR
    Earnings Report

    What Are Analysts’ Recommendations for Qunar Stock?

    For 2016, analysts estimate Qunar’s sales will grow 9% to ~$6.9 billion compared to a 131% growth in 2015.

    By Ally Schmidt
  • uploads///Trivago IPO Journey
    Company & Industry Overviews

    A Look at Trivago’s Journey toward Its IPO

    In Expedia’s 2Q16 earnings call in July 2016, CEO Dara Khosrowshahi said it would work with Trivago to file a Trivago IPO before the end of 2016.

    By Ally Schmidt
  • uploads///ANR
    Earnings Report

    What Do Analysts Recommend for Expedia ahead of 4Q16 Earnings?

    Of the 31 analysts tracking Expedia (EXPE) stock, 19.0% (six analysts) have given it a “strong buy” recommendation, and 61.0% (19 analysts) have given it a “buy.”

    By Ally Schmidt
  • uploads///Revenues
    Earnings Report

    Will China’s Booming Travel Industry Help Qunar’s Revenues?

    For 4Q15, Qunar’s (QUNR) revenues grew to $200 million, a 149% YoY growth compared to 4Q14 revenues of $174 million. Quarter-over-quarter, revenues were almost flat.

    By Ally Schmidt
  • uploads///endp
    Fund Managers

    Endo International is one of Chilton Investment’s new positions

    Chilton Investment has invested more than $18 million in Endo International (ENDP), which now represents 0.65% of the hedge fund’s total portfolio.

    By Adam Rogers
  • uploads///IB challenges
    Company & Industry Overviews

    TripAdvisor’s Tough Road after Joining Instant Booking

    Instant Booking is the biggest driver for TRIP’s hotel revenue, forming 80% of its revenues.

    By Ally Schmidt
  • uploads///Valuation
    Earnings Report

    Expedia’s Valuation versus Peers after 3Q15

    As of October 31, Expedia’s forward PE ratio was 24.5x—near its high of 29x in May 2015. Analysts haven’t changed their estimates significantly for 4Q15.

    By Ally Schmidt
  • uploads///Air tickets sold
    Company & Industry Overviews

    Huge Growth Marks Ctrip’s Transportation Ticketing Segment

    Huge demand has led to a tremendous increase in air tickets for Ctrip (CTRP). Air tickets volume rose by an average of 25% from 2010 to 2013.

    By Ally Schmidt
  • uploads///cash
    Consumer

    Will Priceline Start Paying Dividends in 2016?

    In 1H16, Priceline had operating cash flow of $1.3 billion, or ~29.5% of gross profit. At the end of 2Q16, its total cash and equivalents were $2.7 billion.

    By Ally Schmidt
  • uploads///baba
    Fund Managers

    Tiger Global Management starts new position in Alibaba

    Alibaba is a Chinese e-commerce firm that operates in the online and mobile marketplace and connects retailers and wholesalers with prospective customers.

    By Adam Rogers
  • uploads///Valuation
    Earnings Report

    Expedia’s Valuation: What’s Priced In?

    Current valuation Expedia (EXPE) currently trades at a forward PE (price-to-earnings) multiple of 17.26x. This is significantly higher than its average valuation multiple of 12.61x as of November 2008. It’s also higher than rival Priceline’s (PCLN) forward PE multiple of 15.06x and the industry median multiple of 16.89x. The market is expecting EXPE’s EBITDA (earnings […]

    By Ally Schmidt
  • uploads///Expedia dividend
    Consumer

    Expedia Likely to Continue Dividend Payouts

    Expedia (EXPE) is the only online travel player to pay a dividend to its investors.

    By Ally Schmidt
  • uploads///NXPI
    Financials

    NXP Semiconductors is Appaloosa Management’s new position

    Appaloosa Management initiated a new position in NXP Semiconductors NV (NXPI) in the third quarter that ended in September 2014. The position accounts for 2.55% of the fund’s total third-quarter portfolio.

    By Samantha Nielson
  • uploads///WHR
    Consumer

    Whirlpool’s position upped in Appaloosa Management

    Appaloosa Management upped its position in Whirlpool Corporation (WHR) in the third quarter that ended in September 2014. The position accounts for 4.29% of the fund’s total third-quarter portfolio.

    By Samantha Nielson
  • uploads///LO
    Consumer

    Appaloosa Management starts new position in Lorillard

    Appaloosa Management initiated a new position in Lorillard Inc. (LO) in the third quarter that ended in September 2014. The position accounts for 1.25% of the fund’s total third-quarter portfolio.

    By Samantha Nielson
  • uploads///AVAL
    Financials

    OTPP adds new position in Grupo Aval

    OTPP added a new position in AVAL during the third quarter that ended in September. The position accounted for 0.11% of the fund’s total portfolio.

    By Samantha Nielson
  • uploads///XPO
    Financials

    OTPP establishes new position in United Technologies

    OTPP added a new position in United Technologies Corp. (UTX) during the third quarter that ended in September. The position accounted for 0.13% of the fund’s total portfolio.

    By Samantha Nielson
  • uploads///XPO
    Financials

    OTPP opens new position in XPO Logistics

    OTPP added a new position in XPO Logistics Inc. (XPO) during the third quarter that ended in September. The position accounted for 0.46% of the fund’s total portfolio.

    By Samantha Nielson
  • uploads///PCLN
    Consumer

    OTPP adds new position in The Priceline Group

    OTPP added a new position in The Priceline Group Inc. (PCLN) during the third quarter that ended in September. The position accounted for 0.50% of the fund’s total portfolio.

    By Samantha Nielson
  • Financials

    Highlights of OTPP’s third quarter 13F filing

    OTPP is an independent organization. It invests in pension fund assets. It administers the pensions for 307,000 active and retired teachers in Ontario.

    By Samantha Nielson
  • uploads///OWW
    Consumer

    Luxor Capital adds new position in Orbitz Worldwide

    Orbitz net revenue rose 10% year-over-year to $248.1 million in 2Q14 as a result of higher hotel, vacation package, car, and air transaction volume.

    By Samantha Nielson
  • Consumer

    Why Bridgewater starts new position in Bed, Bath and Beyond

    Bridgewater Associates disclosed a new position in Bed, Bath & Beyond (BBBY). It accounted for 0.11% of the fund’s total portfolio.

    By Patricia Garner
  • uploads///csco
    Tech & Comm Services

    Why Bridgewater Associates decreased its position in Cisco

    Bridgewater Associates decreased its position in Cisco from 0.20% in the 1Q portfolio to 0.09% in the fund’s 2Q portfolio.

    By Patricia Garner
  • uploads///EXPE
    Consumer

    Appaloosa exits position in Expedia

    Appaloosa Management exited a position in Expedia, Inc (EXPE) in the third quarter that ended in September 2014. The position accounted for 0.99% of the fund’s total portfolio in the second quarter.

    By Samantha Nielson
  • uploads///FDO
    Consumer

    Eton Park Capital opens new positions in FDO, STZ, BID, EQIX, Sells NLSN, PCLN – 13F Flash

    In this six-part series, we will go through some of the main positions Eton Park Capital traded this past quarter Eton Park Capital Management is a multi-strategy hedge fund founded in November 2004 by former Goldman Sachs partner Eric Mindich. The firm started new positions in Family Dollar Stores (FDO) , Constellation Brands (STZ), Sotheby’s (BID), […]

    By Samantha Nielson
  • uploads///Stock
    Company & Industry Overviews

    TripAdvisor Stock Continues Its Declining Trend

    Year-to-date through November 10, 2017, TripAdvisor stock has fallen 31.9%.

    By Ally Schmidt
  • uploads///ANR
    Company & Industry Overviews

    TripAdvisor Valuation: What Is Priced In?

    Currently, TripAdvisor’s (TRIP) forward price-to-earnings ratio stands at 28.0x, which is lower than the 35.6x average valuation seen since its initial stock listing in 2011.

    By Ally Schmidt
  • uploads///Margin
    Company & Industry Overviews

    Revenue Weakness Impacts TripAdvisor’s Profitability

    TripAdvisor’s (TRIP) 3Q17 adjusted EBITDA declined 17.0% YoY to $95.0 million.

    By Ally Schmidt
  • uploads///Revenue
    Company & Industry Overviews

    How Can TripAdvisor Overcome Weakness in Hotel Bookings?

    In 3Q17, TripAdvisor’s revenues grew 4.3% year-over-year to $439.0 million.

    By Ally Schmidt
  • uploads///Revenue
    Consumer

    What Analysts Estimate for Priceline in 4Q17

    After Priceline (PCLN) released its 3Q17 results, analysts’ estimates for 2017 and 2018 were revised downwards. For the fourth quarter of 2017, sales are expected to grow 14.8% year-over-year or YoY to $2.7 billion.

    By Ally Schmidt
  • uploads///Leverage
    Consumer

    Priceline’s Increasing Leverage: What You Need to Know

    A large part of Priceline’s (PCLN) growth in the past has come from acquiring smaller companies all over the world. It had to raise debt to finance some of these acquisitions.

    By Ally Schmidt
  • uploads///Revenue
    Consumer

    Priceline’s 3Q17 Revenue Defies Tough Conditions

    For the third quarter of 2017, Priceline’s (PCLN) revenue rose 20.2% YoY or year-over-year to $4.4 billion, driven by strong gross bookings growth of 19% YoY.

    By Ally Schmidt
  • uploads///Metrics
    Consumer

    Priceline’s Key Metric Growth Is Slowing Down

    Hotel accommodations have historically driven Priceline’s growth. During the third quarter of the year, Priceline’s global accommodation business booked 178 million room nights.

    By Ally Schmidt
  • uploads///Stock
    Consumer

    Why Priceline Stock Fell 14% after 3Q17 Earnings

    The Priceline Group (PCLN) reported its third-quarter financial results after market hours on November 6. PCLN beat analyst estimates for both revenues and earnings.

    By Ally Schmidt
  • uploads///Leverage
    Consumer

    How Investors Can Assess Priceline’s Increasing Leverage

    At the end of 2Q17, Priceline (PCLN) had $6.4 billion cash on its balance sheet.

    By Ally Schmidt
  • uploads///Valuation
    Consumer

    Priceline’s Valuation: What Is Priced In?

    Priceline (PCLN) trades at a forward PE (price-to-earnings) multiple of 25.2x.

    By Ally Schmidt
  • uploads///Investment
    Earnings Report

    How the Meituan–Dianping Investment Could Help Priceline

    On October 19, Priceline (PCLN) announced its $450.0 million investment in China-based Meituan–Dianping.

    By Ally Schmidt
  • uploads///EBITDA
    Consumer

    Why Priceline’s Margin Is on a Downtrend

    For 3Q17, Priceline’s management expects its gross profit to increase 15.5%–20.5%.

    By Ally Schmidt
  • uploads///Revenue
    Consumer

    Assessing Priceline’s Revenue Growth in 2017

    Analysts expect Priceline’s fiscal 2017 revenues to grow 16.7% YoY to $12.5 billion, which is slightly lower than the 16.5% YoY growth seen in 2016.

    By Ally Schmidt
  • uploads///Key metrics
    Consumer

    Chart in Focus: Priceline’s Booking Guidance for 3Q17

    In 2Q17, Priceline’s (PCLN) gross bookings grew 16.4% year-over-year to $20.8 billion.

    By Ally Schmidt
  • uploads///CEO resigns
    Company & Industry Overviews

    Dara Khosrowshahi Left Expedia for Uber

    After a 12-year stint at Expedia (EXPE), Dara Khosrowshahi resigned as the CEO to join Uber. Uber’s search for a new CEO started in June 2017.

    By Ally Schmidt
  • uploads///stock
    Company & Industry Overviews

    How Did Expedia’s Stock Price React to This Change?

    On the day that Dara Khosrowshahi’s departure was announced, Expedia (EXPE) stock fell as much as 4.5%. Investors weren’t certain about Expedia’s future.

    By Ally Schmidt
  • uploads///New CEO
    Company & Industry Overviews

    Mark Okerstrom Is Expedia’s New CEO

    When former CEO Dara Khosrowshahi left Expedia to join Uber, Mark Okerstrom seemed like the obvious choice for the vacant CEO position.

    By Ally Schmidt
  • uploads///ANR
    Consumer

    Wall Street’s Ratings for TripAdvisor after 2Q16 Earnings

    Of the 24 analysts rating TripAdvisor (TRIP) stock after 2Q17, 8.3% (two analysts) have issued a “buy” rating, and 70.8% (17 analysts) have issued a “hold.”

    By Ally Schmidt
  • uploads///Estimate
    Consumer

    What Do Analysts Estimate for TripAdvisor in 2017?

    For 3Q17, TRIP’s EBITDA is expected to fall 14.0% YoY to $98.0 million. For 4Q17, EBITDA is expected to fall 1.9% YoY to $56.9 million.

    By Ally Schmidt
  • uploads///EBITDA
    Consumer

    Why TripAdvisor’s Margin May Fall in 2017

    TripAdvisor’s (TRIP) 2Q17 adjusted EBITDA rose from $73.0 million in 2Q16 to $101.0 million in 2Q17, a 6.0% rise YoY.

    By Ally Schmidt
  • uploads///revenue
    Consumer

    TripAdvisor’s Revenue Aided by Non-Hotel Segment

    For the second quarter of 2017, TripAdvisor’s (TRIP) revenue rose 8.4% YoY (year-over-year) to $424.0 million.

    By Ally Schmidt
  • uploads///Valuation
    Consumer

    TripAdvisor’s Valuation: What It Means for Investors

    Currently, TripAdvisor’s (TRIP) forward PE ratio is 34.5x, which is mid-level to its all-time high of 50.69x in July 2014 and its all-time low of 17.4 in October 2012.

    By Ally Schmidt
  • uploads///Key metrics
    Consumer

    What Do TripAdvisor’s Key Metric Trends Suggest?

    TripAdvisor’s (TRIP) average monthly unique visitors in 2Q17 rose 18.0% YoY (year-over-year) to 414.0 million users compared to 2Q16.

    By Ally Schmidt
  • uploads///Alibaba
    Consumer

    Could Marriott’s Partnership with Alibaba Be a Game Changer?

    Marriott (MAR) has entered into a joint venture agreement with China’s Alibaba Group (BABA) with an aim to provide a seamless travel experience in China.

    By Ally Schmidt
  • uploads///ANR
    Consumer

    Analysts’ Recommendations for Priceline ahead of 2Q17 Earnings

    According to a Reuters consensus, of the 31 analysts tracking Priceline Group (PCLN), 23.3%, or seven analysts, have a “strong buy” rating for the stock.

    By Ally Schmidt
  • uploads///Valuation
    Consumer

    Priceline Valuation: What’s Priced In?

    Currently, Priceline (PCLN) trades at a forward PE (price-to-earnings) multiple of 27.3x. That’s higher than its average valuation of 22.0x since November 2008.

    By Ally Schmidt
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.