Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
Trade-Ideas LLC identified
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Priceline.com as such a stock due to the following factors:
- PCLN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $723.0 million.
- PCLN has traded 539,092 shares today.
- PCLN is trading at a new lifetime high.
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More details on PCLN:
priceline.com Incorporated operates as a online travel company. PCLN has a PE ratio of 33.5. Currently there are 16 analysts that rate Priceline.com a buy, no analysts rate it a sell, and 1 rates it a hold.
The average volume for Priceline.com has been 595,200 shares per day over the past 30 days. Priceline.com has a market cap of $59.6 billion and is part of the services sector and diversified services industry. The stock has a beta of 1.37 and a short float of 3.6% with 2.81 days to cover. Shares are up 86.8% year to date as of the close of trading on Monday.
rates Priceline.com as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 7.6%. Since the same quarter one year prior, revenues rose by 33.0%. Growth in the company's revenue appears to have helped boost the earnings per share.
- Powered by its strong earnings growth of 34.81% and other important driving factors, this stock has surged by 80.58% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, PCLN should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
- PRICELINE.COM INC has improved earnings per share by 34.8% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, PRICELINE.COM INC increased its bottom line by earning $27.71 versus $20.65 in the prior year. This year, the market expects an improvement in earnings ($41.18 versus $27.71).
- The gross profit margin for PRICELINE.COM INC is currently very high, coming in at 87.63%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 36.69% significantly outperformed against the industry average.
- Net operating cash flow has increased to $970.46 million or 43.78% when compared to the same quarter last year. In addition, PRICELINE.COM INC has also modestly surpassed the industry average cash flow growth rate of 36.47%.
- You can view the full Priceline.com Ratings Report.