Global Business Travel Group, Inc. (NYSE:GBTG) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Global Business Travel Group, Inc. has received a consensus recommendation of "Hold" from analysts, with one sell rating, one hold rating, and three buy ratings from five brokerages.
• Shares of GBTG traded at $8.01, up $0.01, with a 52-week range between $5.78 and $9.60, and a market cap of $3.83 billion.
• Recent earnings reports showed GBTG beating estimates with $0.03 earnings per share, exceeding the consensus forecast of $0.02.

Global Business Travel Group, Inc. (NYSE:GBTG - Get Free Report) has received an average recommendation of "Hold" from the five brokerages that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $9.8750.

Several research firms have recently commented on GBTG. UBS Group boosted their target price on shares of Global Business Travel Group from $10.00 to $11.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Weiss Ratings restated a "sell (d-)" rating on shares of Global Business Travel Group in a research note on Saturday, September 27th. BTIG Research boosted their target price on Global Business Travel Group from $8.00 to $10.00 and gave the stock a "buy" rating in a research report on Wednesday, August 27th. Finally, Wall Street Zen lowered shares of Global Business Travel Group from a "buy" rating to a "hold" rating in a report on Saturday, July 26th.

Global Business Travel Group Stock Performance

Shares of GBTG traded up $0.01 during mid-day trading on Friday, hitting $8.01. 775,759 shares of the company's stock were exchanged, compared to its average volume of 963,618. The stock's 50-day simple moving average is $7.81 and its 200-day simple moving average is $6.98. The firm has a market cap of $3.83 billion, a price-to-earnings ratio of -61.58 and a beta of 0.74. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.13. Global Business Travel Group has a 52 week low of $5.78 and a 52 week high of $9.60.

Global Business Travel Group (NYSE:GBTG - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.01. The firm had revenue of $631.00 million for the quarter, compared to analyst estimates of $624.12 million. Global Business Travel Group had a negative net margin of 2.34% and a negative return on equity of 2.19%. Global Business Travel Group has set its FY 2025 guidance at EPS. On average, equities research analysts expect that Global Business Travel Group will post -0.17 EPS for the current year.

Institutional Trading of Global Business Travel Group

Large investors have recently made changes to their positions in the stock. Ares Management LLC grew its position in Global Business Travel Group by 21.8% during the second quarter. Ares Management LLC now owns 13,886,023 shares of the company's stock valued at $87,482,000 after buying an additional 2,489,506 shares during the period. Par Capital Management Inc. boosted its holdings in shares of Global Business Travel Group by 37.1% during the 2nd quarter. Par Capital Management Inc. now owns 1,024,014 shares of the company's stock valued at $6,451,000 after purchasing an additional 277,284 shares during the last quarter. PB Investment Partners L.P. grew its position in shares of Global Business Travel Group by 36.2% during the second quarter. PB Investment Partners L.P. now owns 835,496 shares of the company's stock valued at $5,264,000 after purchasing an additional 222,232 shares in the last quarter. Advantage Alpha Capital Partners LP lifted its position in shares of Global Business Travel Group by 13.0% in the second quarter. Advantage Alpha Capital Partners LP now owns 795,691 shares of the company's stock worth $5,013,000 after buying an additional 91,374 shares in the last quarter. Finally, Golden State Wealth Management LLC boosted its stake in Global Business Travel Group by 218.4% during the first quarter. Golden State Wealth Management LLC now owns 776,310 shares of the company's stock valued at $5,636,000 after buying an additional 532,458 shares during the last quarter. 82.46% of the stock is currently owned by institutional investors.

About Global Business Travel Group

Global Business Travel Group, Inc provides business-to-business (B2B) travel platform in the United States and internationally. The company's platform offers a suite of technology-enabled solutions to business travelers and clients; travel content suppliers, such as airlines, hotels, ground transportation, and aggregators; and third-party travel agencies.

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