Company name Priceline Group Inc
Stock ticker PCLN
Live stock price [stckqut]PCLN[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Good
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $1711.92
Target stock price (averages with growth) $2373.05
Target stock price (averages with no growth) $1961.86
Target stock price (manual assumptions) $1874.36

 

The following company description is from Google Finance: https://finance.google.com/finance?q=pcln

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. Its other brands include KAYAK, Rentalcars.com and OpenTable, Inc. (OpenTable). As of December 31, 2016, Booking.com offered accommodation reservation services for over 1,115,000 properties in over 220 countries and territories on its various Websites and in over 40 languages, which included over 568,000 vacation rental properties (updated property counts were available on the Booking.com Website).

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Priceline Group Inc as long as the indicators that I describe in my book The Confident Investor are favorable.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Priceline Group Inc calculated?

For owners of my book, "The Confident Investor" I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.

I hope that this makes you a Confident Investor.

My personal preference is that companies keep their stock price below $200 per share. My logic is simple: it makes it easier to evenly distribute your investment portfolio.

My balanced portfolio logic is quite simple. If you want to balance your portfolio quarterly between 10 great stocks, it is easier with lower-priced stocks. With a stock that is trading at $200, you can easily hold the correct number of shares to be within $100 (half the per share price) of the target value. With a stock that is trading at $1200 per share, the variance is now $600 which can easily throw off the balanced exposure for a small investor like most of my readers.

I discuss two types of portfolios on this site and in my book, The Confident Investor, which you can buy wherever books are sold. The more cautious portfolio suggests a target portfolio allocation for each purchase but is based on a fast-response momentum philosophy that moves that allocation to whichever stock is increasing in price at the moment. The stocks to invest in are chosen by the quality of the company and I list them on my Watch List. This portfolio regularly beats the market over time by at least 20% (if not 50%) regardless if the market is bull, bear, or flat.

The second type of portfolio is much more aggressive and often is 3X-4X the market increase in a bull market. However, it is not as safe in a flat or bear market. This strategy evenly divides a portfolio among 15 great companies that are growing their stock price faster than the others on my Watch List. I recalculate the top 15 and rebalance the portfolio quarterly.

In both portfolios, it is easier to balance the portfolio or allocate each portion of the portfolio if the stock price is under $200. When the stock is over $200, most investors that are working with a portfolio under $250,000 find themselves to heavy or too light in high-cost stocks.

You can see the performance of my version of both portfolios by reading my regular posts that are in the category Weekly Portfolio Gain. You do not need to have read my book to see these results although you may not understand how I create the list of companies.

Stock splits, once considered a way to keep shares affordable for mom-and-pop investors, are rare today as companies aspire to new heights.

Amazon [stckqut]AMZN[/stckqut], Google [stckqut]GOOGL[/stckqut], and Priceline [stckqut]PCLN[/stckqut] are recent examples of companies that have let their stock prices approach or exceed a four-figure price.

In the 1990s, when stock picking for one’s own account was in vogue, companies also considered splits a way to keep shares affordable for mom-and-pop investors. Even though nothing changes fundamentally about the company with a stock split—it’s like trading a dime for two nickels—splits used to generate excitement and, often, a short-term pop for the shares.

In recent years, though, individuals have gravitated toward index funds. And institutional investors don’t like stock splits, because increasing the number of shares increases their trading costs.

The godfather of the no-split camp is Berkshire Hathaway Inc. [stckqut]BRK.A[/stckqut] Chairman Warren Buffett. Berkshire’s Class A shares are the priciest U.S.-listed equities at the time of this writing. For years, Mr. Buffett said he didn’t want to split the shares because he didn’t want to attract people who found such a move to be a good reason for buying a stock. “People who buy for non-value reasons are likely to sell for non-value reasons,” he said in a 1984 letter to shareholders.

There are reasons behind the trend. Before the rise of discount brokerages and a decline in trading commissions in the 1990s, even small-time investors often had to buy shares in round lots of 100, which meant that a high price could make such a purchase prohibitively expensive. These days, though, retail investors can buy as little as one share, and often pay commissions of $10 or less.

Academics who have studied share splits have also posited that executives who split their company’s stock may be motivated by a desire to keep their share prices from looking expensive. Now, some companies and their investors seem to treat higher stock prices as a sign of accomplishment. Of course, this bragado is just as foolish as calling a $50 stock: cheap.

A fair concern is companies may have held off on splitting shares in recent years in response to the financial crisis, when stock prices dropped sharply and some big companies were humbled into performing reverse splits to raise their share price to avoid being delisted. Reverse stock splits are embarrassing and painful and of course being delisted is the equivalent of death in the stock market.

Amazon founder and CEO Jeff Bezos hasn’t ruled out the idea of a split, which the firm did three times as a young public company. A shareholder at Amazon’s annual meeting in Seattle on Tuesday asked Mr. Bezos if he would consider splitting the company’s shares to give members of the middle class and younger people the chance to afford the shares.

You can purchase my book wherever books are sold such as Amazon, Barnes and Noble, and Books A Million. It is available in e-book formats for Nook, Kindle, and iPad.

Source: Amazon’s Brush With $1,000 Signals the Death of the Stock Split

Company name Priceline Group Inc
Stock ticker PCLN
Live stock price [stckqut]PCLN[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Good
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $2033.08
Target stock price (averages with growth) $2121.84
Target stock price (averages with no growth) $997.44
Target stock price (manual assumptions) $2012.05

The following company description is from Google Finance: http://www.google.com/finance?q=pcln

The Priceline Group Inc. is a provider of travel and restaurant 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. Its priceline.com brand also offers consumers reservations for rental cars, airline tickets, vacation packages and cruises. The Company offers rental car reservations across the world through rentalcars.com. The Company provides restaurants with reservation management services and consumers with the ability to make restaurant reservations at participating restaurants through OpenTable, Inc. (OpenTable), a provider of online restaurant reservations.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Priceline Group Inc.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Priceline Group Inc calculated?

For owners of my book, "The Confident Investor" I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.

I hope that this makes you a Confident Investor.

Company name Priceline Group Inc
Stock ticker PCLN
Live stock price [stckqut]PCLN[/stckqut]
P/E compared to competitors Fair

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Good
EPS growth Good
P/E growth Fair
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $1884.84
Target stock price (averages with growth) $2031.84
Target stock price (averages with no growth) $922.78
Target stock price (manual assumptions) $1764.84

The following company description is from Google Finance: http://www.google.com/finance?q=pcln

The Priceline Group Inc. is a provider of online travel and travel related reservation and search services. The Company, through its online travel agent (OTA) services, connects consumers wishing to make travel reservations with providers of travel services across the world. The Company’s brands include Booking.com, KAYAK, agoda.com, rentalcars.com and OpenTable. The Company offers consumers accommodation reservations, including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties, through its Booking.com, priceline.com and agoda.com brands. Its priceline.com brand also offers consumers reservations for rental cars, airline tickets, vacation packages and cruises. The Company offers rental car reservations through its Website rentalcars.com. The Company also provides an online price comparison service from various travel Websites through KAYAK. OpenTable provides its services to consumers and reservation management services to restaurants.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Priceline Group Inc.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Priceline Group Inc calculated?

For owners of my book, "The Confident Investor" I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.

I hope that this makes you a Confident Investor.

The market was generally good last week and should be good this week as well. More concern is on geo-political events that could cause a pullback. There is a very good chance that the week will be flat so individual stock choices will be important.

As always, my thoughts should only be used for educational purposes and any decision by the reader to use this information is subject to my disclaimer. In addition to the disclaimer, the stocks mentioned may have changed value from the time I wrote this to the time that you are reading it; therefore, the conclusions below may no longer be valid. The analysis on any investment indicator is always a short-term thought and just by being in this list the stock already is a long-term Good Company  or Fair Company and made my Watch List. If you are looking for long-term analysis of the stock, you should look for the stock in the company list that appears to the far right.

My analysis in this article is based on the investment indicator tools that I describe in my book, "The Confident Investor." If you are not subscribed to this site as a book owner, then you will not be able to see some of the analysis. You can purchase my book wherever books are sold such as AmazonBarnes and Noble, and Books A Million. It is available in e-book formats for NookKindle, and iPad. After you purchase my book, it is free to subscribe to the extra content on this site. 

I will only be commenting on stocks that are ranked as an "Investigate to buy" and Possible buy" on my daily investment indicator article. The most recent daily investment indicator article is from November 15. Those stocks are:

  • Agilent Technologies Inc,
  • Apple Inc.,
  • ABIOMED Inc.,
  • Autobytel Inc.,
  • Alliance Data Systems Corporation,
  • Allergan Inc.,
  • Akamai Technologies Inc.,
  • AMETEK Inc.,
  • American Tower Corp,
  • ANSYS Inc.,
  • Aspen Technology Inc.,
  • BlackRock Inc.,
  • Broadcom Corporation,
  • Buffalo Wild Wings,
  • Chicago Bridge & Iron Company N.V.,
  • Cerner Corporation,
  • Cummins Inc.,
  • Capital One Financial Corp.,
  • Carter's Inc.,
  • Catamaran Corp (USA),
  • Darling Ingredients Inc,
  • Deckers Outdoor Corp,
  • EOG Resources Inc,
  • Equinix Inc,
  • First Financial Bancorp,
  • Fossil Group Inc,
  • Gulfport Energy Corporation,
  • Genesee & Wyoming Inc,
  • Harley-Davidson Inc,
  • Jarden Corp,
  • KLA-Tencor Corporation,
  • Lululemon Athletica inc.,
  • Las Vegas Sands Corp.,
  • Monster Beverage Corp,
  • Merck & Co. Inc.,
  • Nordson Corporation,
  • Annaly Capital Management Inc.,
  • Priceline Group Inc,
  • Panera Bread Co,
  • Potash Corp./Saskatchewan (USA),
  • Regeneron Pharmaceuticals Inc,
  • Royal Gold Inc USA),
  • Boston Beer Co Inc,
  • Constellation Brands Inc.,
  • Skyworks Solutions Inc,
  • Thermo Fisher Scientific Inc.,
  • Tractor Supply Company,
  • Take-Two Interactive Software Inc.,
  • Under Armour Inc,
  • Ulta Salon Cosmetics & Fragrance Inc.,
  • Yahoo! Inc.,
  • Whole Foods Market Inc.,

Investment Indicator Thoughts

S&P 500
The general S&P 500 (ticker is ^GSPC and the first line of my investment indicator articles). This index has begun to slow down a little this week but overall is positive. As always, smart selection of individual stocks is important.

NASDAQ Composite
The NASDAQ Composite (the ticker is ^IXIC and the second line of my investment indicator articles). This index is starting to show signs of slowing down. It will continue to be important to choose great individual stocks.

Agilent Technologies Inc
Agilent Technologies Inc [stckqut]A[/stckqut] had a decent week last week but showed ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Apple Inc.
Apple Inc. [stckqut]AAPL[/stckqut] had a very good week last week. The stock is curre...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

ABIOMED, Inc.
ABIOMED, Inc. [stckqut]ABMD[/stckqut] has been a bit flat since it gapped up a few we...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Autobytel Inc.
Autobytel Inc. [stckqut]ABTL[/stckqut] hasn't been overly smooth in its growth but st...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Alliance Data Systems Corporation
Alliance Data Systems Corporation [stckqut]ADS[/stckqut] has slowed a bit last week. ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Allergan, Inc.
Allergan, Inc. [stckqut]AGN[/stckqut] has been growing steadily for the past many wee...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Akamai Technologies, Inc.
Akamai Technologies, Inc. [stckqut]AKAM[/stckqut] ended the week quite strongly. Look...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

AMETEK, Inc.
AMETEK, Inc. [stckqut]AME[/stckqut] had a complicated week last week with a major dro...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

American Tower Corp
American Tower Corp [stckqut]AMT[/stckqut] had a decent run last week although droppe...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

ANSYS, Inc.
ANSYS, Inc. [stckqut]ANSS[/stckqut] has had a decent run for the last several weeks a...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Aspen Technology, Inc.
Aspen Technology, Inc. [stckqut]AZPN[/stckqut] has probably stopped its downward slid...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

BlackRock, Inc.
BlackRock, Inc. [stckqut]BLK[/stckqut] had a bad week last week with steadily declini...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Broadcom Corporation
Broadcom Corporation [stckqut]BRCM[/stckqut] finished the week strong. Has had nice g...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Buffalo Wild Wings
Buffalo Wild Wings [stckqut]BWLD[/stckqut] slowed down a bit last week after growing ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Chicago Bridge & Iron Company N.V.
Chicago Bridge & Iron Company N.V. [stckqut]CBI[/stckqut] is basically moving sideway...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Cerner Corporation
Cerner Corporation [stckqut]CERN[/stckqut] had a decent run last week but not as stro...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Cummins Inc.
Cummins Inc. [stckqut]CMI[/stckqut] has been flat for a couple weeks now. I think the...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Capital One Financial Corp.
Capital One Financial Corp. [stckqut]COF[/stckqut] is not showing a strong buy signal...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Carter's, Inc.
Carter's, Inc. [stckqut]CRI[/stckqut] has essentially been in a sideways channel for ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Catamaran Corp (USA)
Catamaran Corp (USA) [stckqut]CTRX[/stckqut] has seen a slight growth since a major g...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Darling Ingredients Inc
Darling Ingredients Inc [stckqut]DAR[/stckqut] was basically flat for the entire week...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Deckers Outdoor Corp
Deckers Outdoor Corp [stckqut]DECK[/stckqut] had a nice week last week but not a huge...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

EOG Resources Inc
EOG Resources Inc [stckqut]EOG[/stckqut] essentially was down for the week. Not a str...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Equinix Inc
Equinix Inc [stckqut]EQIX[/stckqut] had a strong early week and then went flat. Still...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

First Financial Bancorp
First Financial Bancorp [stckqut]FFBC[/stckqut] dropped last week and its buy signal ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Fossil Group Inc
Fossil Group Inc [stckqut]FOSL[/stckqut] started the week strong and then dropped bac...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Gulfport Energy Corporation
Gulfport Energy Corporation [stckqut]GPOR[/stckqut] dropped for most of last week. Th...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Genesee & Wyoming Inc
Genesee & Wyoming Inc [stckqut]GWR[/stckqut] had a great run for the past several wee...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Harley-Davidson Inc
Harley-Davidson Inc [stckqut]HOG[/stckqut] has had nice growth since it earnings anno...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Jarden Corp
Jarden Corp [stckqut]JAH[/stckqut] has shown nice growth for the past month although ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

KLA-Tencor Corporation
KLA-Tencor Corporation [stckqut]KLAC[/stckqut] was essentially flat last week. Not sh...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Lululemon Athletica inc.
Lululemon Athletica inc. [stckqut]LULU[/stckqut] has been growing over the last few w...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Las Vegas Sands Corp.
Las Vegas Sands Corp. [stckqut]LVS[/stckqut] is playing around with its 52-week low. ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Monster Beverage Corp
Monster Beverage Corp [stckqut]MNST[/stckqut] has been growing steadily for 3 months....
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Merck & Co., Inc.
Merck & Co., Inc. [stckqut]MRK[/stckqut] was essentially flat last week and is not sh...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Nordson Corporation
Nordson Corporation [stckqut]NDSN[/stckqut] has been growing steadily for the past mo...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Annaly Capital Management, Inc.
Annaly Capital Management, Inc. [stckqut]NLY[/stckqut] has been flat for several week...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Priceline Group Inc
Priceline Group Inc [stckqut]PCLN[/stckqut] has been going sideways for the past coup...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Panera Bread Co
Panera Bread Co [stckqut]PNRA[/stckqut] has been growing nicely since August. May be ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Potash Corp./Saskatchewan (USA)
Potash Corp./Saskatchewan (USA) [stckqut]POT[/stckqut] has been gradually moving down...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Regeneron Pharmaceuticals Inc
Regeneron Pharmaceuticals Inc [stckqut]REGN[/stckqut] is very close to its 52-week hi...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Royal Gold, Inc USA)
Royal Gold, Inc USA) [stckqut]RGLD[/stckqut] has shown growth for a couple weeks but ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Boston Beer Co Inc
Boston Beer Co Inc [stckqut]SAM[/stckqut] the stock has been growing nicely for sever...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Constellation Brands, Inc.
Constellation Brands, Inc. [stckqut]STZ[/stckqut] has been growing strongly for a yea...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Skyworks Solutions Inc
...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Thermo Fisher Scientific Inc.
Thermo Fisher Scientific Inc. [stckqut]TMO[/stckqut] has been moving sideways for a c...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Tractor Supply Company
Tractor Supply Company [stckqut]TSCO[/stckqut] has been growing slowly since its very...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Take-Two Interactive Software, Inc.
Take-Two Interactive Software, Inc. [stckqut]TTWO[/stckqut] has been flat since havin...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Under Armour Inc
Under Armour Inc [stckqut]UA[/stckqut] grew nicely last week and is trying to get bac...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Ulta Salon, Cosmetics & Fragrance, Inc.
Ulta Salon, Cosmetics & Fragrance, Inc. [stckqut]ULTA[/stckqut] has been growing stea...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Yahoo! Inc.
Yahoo! Inc. [stckqut]YHOO[/stckqut] has been growing aggressively for the past month....
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Whole Foods Market, Inc.
Whole Foods Market, Inc. [stckqut]WFM[/stckqut] dropped slowly all week after a massi...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book