1,933.21 -1.32 (-0.07%)
After hours: 4:11PM EDT
|Bid||1,910.01 x 100|
|Ask||1,949.65 x 2000|
|Day's range||1,926.41 - 1,938.55|
|52-week range||1,422.19 - 2,067.99|
|PE ratio (TTM)||41.09|
|Earnings date||6 Nov 2017|
|Dividend & yield||N/A (N/A)|
|1y target est||2,105.86|
William Shatner first started shilling for Priceline (PCLN) twenty years ago, so you could easily think that the online travel market is a staid, less exciting area of tech. More from his note: Despite being one of the most mature verticals in the Internet space, in the last few months the online travel sector has experienced rapidly changing competitive dynamics causing a major disruption for certain business models. While this 'game of thrones' continues, the migration of consumer travel booking path to smartphones in the last few years has created major new opportunities for leading players in online travel by expanding the total addressable market significantly.
The major indexes showed little willingness to surrender last week's fine gains as big-cap growth, semiconductor, oil-related and some defensive names flexed strength in late trading Monday.
There’s been lots of talk in recent months about the online travel market, namely that rising competition has saturated the market. SunTrust Robinson Humphrey’s Naved Khan says data regarding bookings and room rates bode well for online travel giant Priceline’s (PCLN) third quarter performance. In a note out today, Khan says room nights growth and bookings are tracking towards the high end of management’s guidance in the face of a healthy travel environment.
Is Priceline’s (PCLN) shift in marketing mix bad for TripAdvisor (TRIP)? According to theflyonthewall, Citigroup’s Mark May has hit the online travel company with a negative Catalyst Watch, citing risks to near-term estimates from its own increased marketing spend and the potential impact from the recent changes at Priceline. TripAdvisor is looking to grow its business with a new TV-ad campaign.
Morgan Stanley analyst Brian Nowak has good things to say about Facebook, (FB), Priceline (PCLN) and Alphabet (GOOGL). In a note published today he recapping his views regarding which big-cap Internet stocks are likely to outperform over the rest of 2017 and into next year. Nowak says Facebook, which now trades at just over $170 a share, is “too cheap for its quality and growth,” and raised his price target from $190 a share to $195 a share.
The CEO of payments company Ripple — creator of the world's fourth-most-valuable cryptocurrency — sees big things for digital currencies down the road.
Priceline shares tanked 8 percent Wednesday after the company reported a bookings miss for its second quarter and weak guidance for its third quarter on Tuesday.
The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Anglo-Swiss chemicals company Ineos to acquire British oil company ...
"The critics are right and they're wrong," closely-followed RBC Technology Research Analyst Mark Mahaney told CNBC on Thursday.
Fundamental investment funds are more likely to own big-name household brand stocks, while quant funds tend to stick with smaller companies.
At $31 billion, Airbnb is now worth more than all but one hotel company. Its next big market to upend may be air travel, and your flight booking.
U.S. stocks were mixed on Wednesday as investors digested President Donald Trump's abrupt dismissal of his FBI chief as well as corporate earnings from Walt Disney and Nvidia. The Dow Jones industrial ...
The American Hotel & Lodging Association believes that the booking companies are monopolistic and is looking to lobby against them, according to Bloomberg.
The days of dollar strength appear to be over for now, creating a boost for profits of global companies.
U.S. stocks slipped on Tuesday and the Dow snapped a 12-day streak of record closes as investors awaited President Donald Trump's address to Congress, while a disappointing outlook from Target dragged down retailers. Stocks have risen sharply in the wake of the Nov. 8 election, bolstered by Trump's promises of tax reform, infrastructure spending and reduced regulations, and investors are looking for more specifics on how he may achieve those promises. While a lack of concrete details from Trump could disappoint some investors, other investors may just be looking for any sign that Trump's pro-growth plans are on track, strategists said.