UP!

PCLN $1905.64

PCLN target price
1905.64
0
0
The Priceline Group Inc.
Type
Public company
Traded as
  • NASDAQ: PCLN
  • NASDAQ-100 Component
  • S&P 100 Component
  • S&P 500 Component
Industry Travel
Technology
Founded 1997; 20 years ago (1997)
Founder Jay S. Walker
Headquarters Norwalk, Connecticut
Key people
Glenn D. Fogel, President and CEO
Products Booking.com
Priceline.com
Agoda.com
Kayak.com
Cheapflights
Rentalcars.com
momondo
Mundi
OpenTable
Revenue {{Revenue 900 million (2016)}}
Number of employees
18,500 (2016)
Website pricelinegroup.com

The Priceline Group is a company headquartered in the United States that owns and operates several travel fare aggregators and travel fare metasearch engines including Booking.com, Priceline.com, Agoda.com, Kayak.com, Cheapflights, Rentalcars.com, Momondo, and OpenTable. It operates websites in about 40 languages and 200 countries. In 2016, 88% of its bookings were made outside the United States – most of which used Booking.com.

In 2016, consumers booked 556.6 million room nights of accommodation, 66.6 million rental car days, and 7.3 million airplane tickets using websites owned by The Priceline Group.

In 2016, 93.4% of revenues were derived from commissions and 6.6% of revenues were derived from advertising.

In 1997, Jay S. Walker founded the company, which launched Priceline.com, an online travel site, that used a Name Your Own Price bidding model.

In 1999, the company became a public company via an initial public offering, making Walker, who owned a 35% stake in the company, a multi-billionaire.

The company experimented with selling other products and services such as groceries, gasoline, home mortgages, and cars, but these offerings were discontinued in 2000.

On April 1, 2014, the name of the company was changed from priceline.com Incorporated to The Priceline Group Inc.

In February 2017, Priceline announced a definitive agreement to acquire the Momondo Group. On July 17, 2017, EU antitrust regulators approved the acquisition. The Momondo Group, which operates Momondo and Cheapflights, will roll under The Priceline Group's travel meta brand, KAYAK. In August 2017, KAYAK acquired the assets, including the domain and user information and the mobile apps, of the Brazilian metasearch company Mundi.

Jeff Boyd was named Chief Executive Officer in 2002 and remained in that role until becoming Chairman of the Board for The Priceline Group in 2013.

Effective January 1, 2014, Darren Huston was named Chief Executive Officer of the company, replacing Jeff Boyd.

On April 28, 2016, Huston was forced to resign following an extramarital affair and Boyd was named interim CEO.

Effective January 1, 2017, Glenn D. Fogel was named Chief Executive Officer and President.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-07-11 Reiterated Rating Jefferies Group Buy
2016-07-10 Reiterated Rating Deutsche Bank AG Hold
2016-07-05 Reiterated Rating Cantor Fitzgerald Buy $1,525.00 to $1,510.00
2016-06-30 Reiterated Rating Tigress Financial Buy
2016-06-30 Upgrade Morgan Stanley Equal Weight to Overweight $1,330.00 to $1,525.00
2016-06-28 Reiterated Rating RBC Capital Outperform $1,600.00
2016-06-28 Reiterated Rating Royal Bank Of Canada Outperform $1,600.00
2016-06-27 Reiterated Rating Jefferies Group Buy $1,660.00
2016-06-22 Upgrade Barclays Equal Weight to Overweight $1,300.00 to $1,500.00
2016-06-22 Upgrade Barclays PLC Equal Weight to Overweight $1,300.00 to $1,500.00
2016-06-21 Reiterated Rating Piper Jaffray Buy $1,500.00
2016-06-21 Reiterated Rating Piper Jaffray Cos. Buy $1,500.00
2016-06-16 Reiterated Rating Cantor Fitzgerald Buy
2016-06-04 Reiterated Rating Cantor Fitzgerald Buy
2016-05-22 Reiterated Rating Cantor Fitzgerald Buy
2016-05-13 Reiterated Rating Barclays Equal Weight
2016-05-06 Reiterated Rating Ascendiant Capital Markets Buy $1,625.00 to $1,600.00
2016-05-05 Lower Price Target RBC Capital Outperform $1,700.00 to $1,600.00
2016-05-05 Lower Price Target Benchmark Co. Buy $1,525.00 to $1,440.00
2016-05-05 Reiterated Rating Oppenheimer Outperform $1,420.00
2016-05-05 Reiterated Rating JPMorgan Chase & Co. Overweight $1,510.00
2016-05-05 Reiterated Rating Goldman Sachs Neutral
2016-05-05 Reiterated Rating Morgan Stanley Equal Weight $1,330.00
2016-05-05 Reiterated Rating Jefferies Group Buy $1,660.00
2016-05-05 Reiterated Rating Cantor Fitzgerald Buy $1,550.00 to $1,525.00
2016-05-05 Reiterated Rating JMP Securities Market Outperform
2016-05-05 Reiterated Rating Credit Suisse Outperform $1,600.00 to $1,580.00
2016-05-05 Reiterated Rating Oppenheimer Holdings Inc. Outperform $1,420.00
2016-05-05 Reiterated Rating Goldman Sachs Group Inc. Neutral
2016-05-05 Reiterated Rating Credit Suisse Group AG Outperform $1,600.00 to $1,580.00
2016-05-04 Reiterated Rating Evercore ISI Hold $1,320.00 to $1,260.00
2016-05-04 Reiterated Rating RBC Capital Buy $1,700.00
2016-05-04 Reiterated Rating Piper Jaffray Buy
2016-05-04 Upgrade Guggenheim Neutral to Buy $1,500.00
2016-04-28 Reiterated Rating Piper Jaffray Buy
2016-04-28 Reiterated Rating RBC Capital Buy $1,700.00
2016-04-12 Reiterated Rating Cowen and Company Outperform $1,360.00
2016-04-10 Reiterated Rating JPMorgan Chase & Co. Overweight $1,510.00
2016-04-04 Initiated Coverage KeyBanc Sector Perform
2016-04-04 Initiated Coverage KeyCorp Sector Perform
2016-03-31 Initiated Coverage Pacific Crest Sector Weight
2016-03-22 Reiterated Rating Piper Jaffray Buy
2016-03-11 Reiterated Rating Cantor Fitzgerald Buy $1,550.00
2016-03-08 Reiterated Rating JPMorgan Chase & Co. Overweight $1,510.00
2016-03-08 Initiated Coverage Moffett Nathanson Buy $1,475.00
2016-02-22 Reiterated Rating Stifel Nicolaus Hold
2016-02-20 Reiterated Rating Janney Montgomery Scott Neutral $1,225.00 to $1,275.00
2016-02-20 Reiterated Rating RBC Capital Outperform $1,700.00
2016-02-18 Reiterated Rating Deutsche Bank Neutral to Hold $1,333.00 to $1,350.00
2016-02-18 Boost Price Target Cowen and Company Outperform $1,290.00 to $1,360.00
2016-02-18 Boost Price Target Barclays Equal Weight $1,300.00 to $1,340.00
2016-02-18 Boost Price Target JMP Securities Outperform $1,475.00 to $1,500.00
2016-02-18 Reiterated Rating Oppenheimer Outperform $1,300.00 to $1,460.00
2016-02-18 Reiterated Rating Jefferies Group Buy
2016-02-18 Reiterated Rating Deutsche Bank AG Neutral to Hold $1,333.00 to $1,350.00
2016-02-17 Boost Price Target Evercore ISI Hold $1,230.00 to $1,320.00
2016-02-17 Reiterated Rating Cowen and Company Buy $1,290.00 to $1,360.00
2016-02-16 Reiterated Rating Cantor Fitzgerald Buy $1,550.00
2016-02-12 Reiterated Rating RBC Capital Buy $1,700.00
2016-01-27 Downgrade Goldman Sachs Buy to Neutral $1,500.00 to $1,200.00
2016-01-25 Initiated Coverage Wells Fargo Market Perform
2016-01-25 Initiated Coverage Wells Fargo & Co. Market Perform
2016-01-13 Reiterated Rating Cantor Fitzgerald Buy $1,550.00
2016-01-05 Downgrade Raymond James Strong-Buy to Outperform $1,560.00 to $1,350.00
2016-01-05 Downgrade Raymond James Financial Inc. Strong-Buy to Outperform $1,560.00 to $1,350.00
2015-11-16 Reiterated Rating Morgan Stanley Hold
2015-11-16 Reiterated Rating Janney Montgomery Scott Neutral
2015-11-12 Reiterated Rating Cowen and Company Outperform $1,500.00
2015-11-11 Reiterated Rating RBC Capital Outperform $1,725.00 to $1,700.00
2015-11-10 Boost Price Target Barclays Equal Weight $1,200.00 to $1,300.00
2015-11-10 Boost Price Target Jefferies Group Buy $1,600.00 to $1,660.00
2015-11-10 Lower Price Target Oppenheimer Outperform $1,580.00 to $1,545.00
2015-11-09 Downgrade Stifel Nicolaus Buy to Hold
2015-11-05 Reiterated Rating Deutsche Bank Buy to Hold
2015-11-01 Reiterated Rating Cowen and Company Outperform
2015-10-30 Reiterated Rating Piper Jaffray Buy $1,540.00
2015-10-28 Boost Price Target Deutsche Bank $1,450.00 to $1,475.00
2015-10-12 Reiterated Rating Cantor Fitzgerald Buy $1,480.00
2015-10-04 Reiterated Rating Piper Jaffray Buy
2015-09-29 Reiterated Rating Deutsche Bank Hold $1,450.00
2015-09-08 Reiterated Rating Cantor Fitzgerald Buy $1,480.00
2015-09-04 Initiated Coverage Redburn Partners Buy
2015-08-27 Reiterated Rating Cantor Fitzgerald Buy
2015-08-25 Reiterated Rating Piper Jaffray Positive to Buy $1,540.00
2015-08-06 Boost Price Target JMP Securities $1,375.00 to $1,500.00
2015-08-06 Boost Price Target Jefferies Group Buy $1,500.00 to $1,600.00
2015-08-06 Boost Price Target Ascendiant Capital Markets $1,425.00 to $1,600.00
2015-08-06 Reiterated Rating Benchmark Co. Buy $1,350.00 to $1,500.00
2015-08-06 Reiterated Rating Deutsche Bank Hold $1,307.00 to $1,450.00
2015-08-06 Boost Price Target Oppenheimer Buy $1,435.00 to $1,580.00
2015-08-05 Reiterated Rating RBC Capital Buy $1,400.00 to $1,600.00
2015-08-05 Reiterated Rating Cowen and Company Buy $1,400.00 to $1,500.00
2015-08-03 Reiterated Rating Cantor Fitzgerald Buy $1,360.00
2015-08-02 Reiterated Rating Piper Jaffray Buy $1,375.00
2015-07-31 Reiterated Rating Deutsche Bank Hold $1,325.00 to $1,307.00
2015-07-30 Reiterated Rating Morgan Stanley Equal Weight $1,300.00
2015-07-21 Boost Price Target Oppenheimer $1,380.00 to $1,435.00
2015-06-30 Reiterated Rating Cantor Fitzgerald Buy $1,360.00
2015-06-22 Downgrade Deutsche Bank Buy to Hold $1,425.00 to $1,325.00
2015-06-03 Initiated Coverage Barclays Equal Weight $1,200.00
2015-05-19 Initiated Coverage Guggenheim Neutral
2015-05-11 Reiterated Rating Benchmark Co. Overweight $1,400.00 to $1,350.00
2015-05-10 Reiterated Rating RBC Capital Outperform $1,400.00
2015-05-09 Reiterated Rating Deutsche Bank Buy
2015-05-08 Reiterated Rating Janney Montgomery Scott Neutral to Neutral $1,075.00 to $1,090.00
2015-05-06 Reiterated Rating Stifel Nicolaus Buy
2015-05-06 Reiterated Rating Evercore ISI Hold
2015-05-04 Set Price Target Cantor Fitzgerald Buy $1,360.00
2015-04-06 Initiated Coverage Argus Buy $1,480.00
2015-03-31 Upgrade Stifel Nicolaus Hold to Buy $1,400.00 to $1,400.00
2015-03-18 Reiterated Rating JPMorgan Chase & Co. Overweight
2015-02-20 Reiterated Rating Jefferies Group Market Outperform
2015-02-18 Reiterated Rating JMP Securities Market Outperform
2015-01-23 Reiterated Rating Deutsche Bank Buy
2014-12-30 Reiterated Rating Goldman Sachs Conviction-Buy to Buy
2014-12-16 Reiterated Rating Bank of America Buy
2014-12-16 Downgrade Goldman Sachs Conviction-Buy to Buy
2014-12-16 Reiterated Rating Bank of America Corp. Buy
2014-11-24 Initiated Coverage Credit Suisse Outperform
2014-11-14 Reiterated Rating Cantor Fitzgerald Buy
2014-11-05 Reiterated Oppenheimer Outperform $1400 to $1350
2014-11-05 Reiterated Rating JMP Securities Market Outperform
2014-10-30 Reiterated Rating Deutsche Bank Buy
2014-10-10 Reiterated Rating Susquehanna Positive
2014-10-10 Reiterated Rating Evercore ISI Hold
2014-08-12 Reiterated Rating Deutsche Bank Buy
2014-08-12 Reiterated Rating Credit Suisse Outperform
2014-08-11 Reiterated Rating RBC Capital Outperform
2014-07-01 Initiated Oppenheimer Outperform $1450
2014-06-27 Initiated Coverage Buckingham Research Neutral
2014-06-26 Reiterated Rating Piper Jaffray Positive
2014-06-25 Initiated Coverage FBR & Co. Outperform
2014-05-08 Upgrade Raymond James Outperform to Strong-Buy
2014-02-24 Downgrade Ned Davis Research Buy to Neutral
2014-02-18 Reiterated Rating RBC Capital Positive
2014-02-10 Upgrade Ned Davis Research Neutral to Buy
2014-01-21 Downgrade Ned Davis Research Buy to Neutral
2013-11-11 Upgrade Ned Davis Research Neutral to Buy
2013-11-08 Upgrade Monness Crespi & Hardt Neutral to Buy $1250
2013-11-08 Reiterated Pacific Crest Outperform $1187 to $1220
2013-11-08 Reiterated Deutsche Bank Buy $1120 to $1240
2013-10-23 Upgrade FBR & Co. Market Perform to Outperform
2013-10-14 Reiterated Rating Deutsche Bank Buy
2013-09-30 Upgrade Ned Davis Research Neutral to Buy
2016-07-11 Reiterated Rating Jefferies Group Buy
2016-07-10 Reiterated Rating Deutsche Bank AG Hold
2016-07-05 Reiterated Rating Cantor Fitzgerald Buy $1,525.00 to $1,510.00
2016-06-30 Reiterated Rating Tigress Financial Buy
2016-06-30 Upgrade Morgan Stanley Equal Weight to Overweight $1,330.00 to $1,525.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
BOYD JEFFERY H President and CEO 0.12%  (64786) HD / PCLN /
Huston Darren Richard CEO - Booking.com 0.06%  (33945) DV / PCLN /
Fogel Glenn D Hd Worldwide Strat & Planning 0.05%  (26691) PCLN /
Finnegan Daniel J Chief Financial Officer 0.03%  (14551) PCLN /
SODER CHRIS CEO, North American Travel 0.02%  (11240) PCLN /
EPSTEIN JEFFREY E 0.02%  (9379) ENT / PCLN / SSTK /
Tans Gillian President & COO, Booking.com 0.02%  (7896) PCLN /
PERETSMAN NANCY B 0.01%  (4768) PCLN /
BARKER HOWARD W JR 0.01%  (4297) CQB / PCLN /
MILLONES PETER J Executive VP, General Counsel 0.01%  (3603) PCLN /
GOULDEN DAVID I Chief Financial Officer 0.01%  (3119) DVMT / EMC / PCLN /