Priceline.com (PCLN) Set to Announce Earnings on Thursday
Priceline.com (NASDAQ:PCLN) will be posting its Q114 quarterly earnings results on Thursday, May 8th. Analysts expect Priceline.com to post earnings of $6.91 per share and revenue of $1.63 billion for the quarter. Priceline.com has set its Q1 guidance at $6.35-6.85 EPS.
Priceline.com (NASDAQ:PCLN) last issued its quarterly earnings data on Thursday, February 20th. The company reported $8.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.27 by $0.58. On average, analysts expect Priceline.com to post $51.91 EPS for the current fiscal year and $64.02 EPS for the next fiscal year.
Shares of Priceline.com (NASDAQ:PCLN) traded down 2.82% on Wednesday, hitting $1135.4449. The stock had a trading volume of 591,755 shares. Priceline.com has a 52-week low of $726.11 and a 52-week high of $1378.96. The stock’s 50-day moving average is $1205. and its 200-day moving average is $1190.18. The company has a market cap of $59.204 billion and a P/E ratio of 32.36.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs reiterated a “conviction-buy” rating on shares of Priceline.com in a research note on Wednesday, March 19th. They now have a $1,500.00 price target on the stock. On a related note, analysts at TheStreet reiterated a “buy” rating on shares of Priceline.com in a research note on Monday, March 3rd. Finally, analysts at UBS AG raised their price target on shares of Priceline.com from $1,300.00 to $1,480.00 in a research note on Monday, February 24th. They now have a “buy” rating on the stock. Three investment analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $1,341.68.
Priceline Com Incorporated, is an online travel company that offers its customers hotel room reservations at over 295,000 hotels worldwide through the Booking.
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