Global Business Travel Group, Inc. (NYSE:GBTG) Receives Average Rating of "Moderate Buy" from Analysts

Shares of Global Business Travel Group, Inc. (NYSE:GBTG - Get Free Report) have been given a consensus rating of "Moderate Buy" by the five brokerages that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $9.70.

A number of research analysts recently weighed in on the company. BTIG Research assumed coverage on Global Business Travel Group in a report on Tuesday, March 18th. They set a "buy" rating and a $10.00 price objective on the stock. UBS Group dropped their price objective on Global Business Travel Group from $11.00 to $10.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Finally, Wall Street Zen raised Global Business Travel Group from a "hold" rating to a "buy" rating in a report on Saturday.

Global Business Travel Group Price Performance

Shares of NYSE GBTG opened at $6.42 on Wednesday. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.21. Global Business Travel Group has a twelve month low of $5.78 and a twelve month high of $9.60. The stock has a 50 day moving average of $6.29 and a two-hundred day moving average of $7.48. The stock has a market cap of $3.07 billion, a P/E ratio of -64.20 and a beta of 0.73.

Global Business Travel Group (NYSE:GBTG - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.06. The company had revenue of $621.00 million during the quarter, compared to analysts' expectations of $632.63 million. Global Business Travel Group had a negative return on equity of 0.61% and a negative net margin of 1.81%. On average, research analysts forecast that Global Business Travel Group will post -0.17 earnings per share for the current year.

Institutional Trading of Global Business Travel Group

Large investors have recently bought and sold shares of the company. Skandinaviska Enskilda Banken AB publ grew its holdings in Global Business Travel Group by 390.6% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 2,762 shares of the company's stock valued at $26,000 after purchasing an additional 2,199 shares during the last quarter. Quarry LP acquired a new stake in Global Business Travel Group in the first quarter valued at $26,000. Federated Hermes Inc. acquired a new stake in Global Business Travel Group in the first quarter valued at $27,000. Neo Ivy Capital Management acquired a new stake in Global Business Travel Group in the first quarter valued at $29,000. Finally, State of Wyoming acquired a new stake in Global Business Travel Group in the fourth quarter valued at $31,000. Institutional investors and hedge funds own 82.46% of the company's stock.

Global Business Travel Group Company Profile

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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