The Priceline Group Inc. (NASDAQ:PCLN)‘s stock had its “overweight” rating reiterated by stock analysts at Barclays PLC in a research report issued on Tuesday.

Other equities analysts have also issued reports about the company. Jefferies Group LLC restated a “buy” rating and set a $2,250.00 target price on shares of The Priceline Group in a research report on Friday, August 4th. Credit Suisse Group set a $2,150.00 target price on The Priceline Group and gave the stock a “buy” rating in a research report on Tuesday, August 1st. Raymond James Financial, Inc. restated a “buy” rating on shares of The Priceline Group in a research report on Wednesday, August 9th. Stifel Nicolaus reiterated a “buy” rating and issued a $2,100.00 price objective on shares of The Priceline Group in a research report on Thursday, August 10th. Finally, UBS AG reiterated a “buy” rating and issued a $2,100.00 price objective on shares of The Priceline Group in a research report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twenty-six have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $2,009.83.

The Priceline Group (NASDAQ:PCLN) traded up $8.51 during trading on Tuesday, hitting $1,903.00. The stock had a trading volume of 838,228 shares, compared to its average volume of 389,272. The firm has a market cap of $82,330.00, a price-to-earnings ratio of 27.00, a P/E/G ratio of 1.49 and a beta of 1.43. The Priceline Group has a 52 week low of $1,435.79 and a 52 week high of $2,067.99. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.20 and a quick ratio of 2.20.

The Priceline Group (NASDAQ:PCLN) last posted its earnings results on Monday, November 6th. The business services provider reported $35.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $34.31 by $0.91. The company had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.34 billion. The Priceline Group had a return on equity of 33.10% and a net margin of 20.51%. The company’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same period in the previous year, the company earned $29.69 EPS. equities research analysts expect that The Priceline Group will post 75 EPS for the current fiscal year.

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In other The Priceline Group news, CEO Gillian Tans sold 122 shares of the business’s stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $1,940.00, for a total value of $236,680.00. Following the sale, the chief executive officer now owns 5,555 shares in the company, valued at approximately $10,776,700. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jan L. Docter sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $1,875.90, for a total value of $4,689,750.00. Following the completion of the sale, the director now owns 320 shares in the company, valued at approximately $600,288. The disclosure for this sale can be found here. Insiders sold a total of 2,867 shares of company stock worth $5,382,925 in the last 90 days. Company insiders own 0.24% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. Well Done LLC raised its stake in shares of The Priceline Group by 1.2% during the 2nd quarter. Well Done LLC now owns 175 shares of the business services provider’s stock worth $327,000 after purchasing an additional 2 shares in the last quarter. Pinnacle Associates Ltd. raised its stake in shares of The Priceline Group by 0.5% during the 2nd quarter. Pinnacle Associates Ltd. now owns 617 shares of the business services provider’s stock worth $1,154,000 after purchasing an additional 3 shares in the last quarter. LS Investment Advisors LLC raised its stake in shares of The Priceline Group by 0.4% during the 2nd quarter. LS Investment Advisors LLC now owns 906 shares of the business services provider’s stock worth $1,695,000 after purchasing an additional 4 shares in the last quarter. First National Bank of Hutchinson raised its stake in shares of The Priceline Group by 1.0% during the 2nd quarter. First National Bank of Hutchinson now owns 425 shares of the business services provider’s stock worth $857,000 after purchasing an additional 4 shares in the last quarter. Finally, Hedeker Wealth LLC raised its stake in shares of The Priceline Group by 1.0% during the 1st quarter. Hedeker Wealth LLC now owns 511 shares of the business services provider’s stock worth $909,000 after purchasing an additional 5 shares in the last quarter. Institutional investors own 94.44% of the company’s stock.

About The Priceline Group

The Priceline Group Inc is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

Analyst Recommendations for The Priceline Group (NASDAQ:PCLN)

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