This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

8 Stocks to Consider Ahead of Earnings

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Priceline.com

Friday's Closing Price: $482.43

12-Month Median Price Target: $622.50

Implied Potential Return: 29%

Forward Annual Dividend Yield: N/A

Current Analyst Coverage Breakdown: Of the 23 analysts covering the shares, 18 have either strong buy (5) or buy (13) ratings vs. 4 holds and one underperform.

Commentary: Priceline.com is slated to report its fiscal fourth-quarter results on Feb. 20, and Wall Street is looking for earnings of $5.05 a share in the December-ended period on revenue of $966.4 million.

The stock has risen nearly 9% over the past year, ranging from a 52-week high of $561.88 on May 2 to a low for the year of $411.26 on Oct. 4. At current levels, since hitting that nadir, the shares have bounced more than 15%.

The company reported strong growth in travel bookings in its fiscal third quarter, and investors are expecting more of the same. Gross bookings totaled $6.3 billion for the quarter, including taxes and fees, up 56.2% from a year ago as Priceline.com grabbed market share in bookings for hotel rooms and rental cars and delivered 8% growth in its airline ticketing business, its best showing in the past seven quarters.

Priceline.com has beaten the consensus view in eight straight quarters, delivering an average upside surprise of 10.1%.

Check out TheStreet's quote page for Priceline.com for year-to-date share performance, analyst ratings, earnings estimates and much more.

7 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
BAC $15.56 0.00%
EBAY $55.79 0.00%
ISRG $540.70 0.00%
LULU $66.70 0.00%
MA $86.93 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs