Priceline Group Inc ($PCLN) Possible Buy to $1884 Confident Investor Rating: Good
|Company name||Priceline Group Inc|
|Live stock price||[stckqut]PCLN[/stckqut]|
|P/E compared to competitors||Good|
|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.
In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $1737.74
- Growth: 0.12
- Current EPS (TTM): $71.37
- P/E: 24
- Future EPS Calc: $125.77
- Future Stock Price Calc: $3018.67
- Target stock price: $1874.36
I hope that this makes you a Confident Investor.