The Priceline Group Inc. (NASDAQ:PCLN) most recently reported quarterly actual earnings per share of $12.89 for the period ending on 2016-06-30. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $11.54. The difference between the estimate and the actual EPS was $1.35 creating a surprise factor of 11.7%. Currently, the company has an impact score of 85. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0.56. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $1502.812 on the shares. The most bullish brokerage firm has a $1700 target, while the most bearish sees the stock headed towards $790. This is according to the 16 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.8. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 16 recommendations taking into account in order to arrive at this number. Of the 16, 12 have a Strong Buy rating and 2 are rating it a Buy.
Priceline Com Incorporated, is an online travel company that offers its customers hotel room reservations at over 295,000 hotels worldwide through the Booking.com, priceline.com and Agoda brands. In the United States, it also offers its customers reservations for car rentals, airline tickets, vacation packages, destination services and cruises through the priceline.com brand. It offers car rental reservations worldwide through rentalcars.com. As of December 31, 2012, its international business (the majority of which is generated by Booking.com) represented approximately 82% of its gross bookings, and approximately 92% of its consolidated operating income. In 2012, the Company launched Express Deals, a merchant semi-opaque price-disclosed hotel reservation service at priceline.com, which allows customers to see the price of the reservation prior to purchase but not the identity of the hotel. On May 2013, the Company acquired Kayak Software Corp.
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