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

Key Points

• Eight analysts assign Global Business Travel Group an average recommendation of Moderate Buy (four Buy, four Hold) with a 12‑month consensus target price of $8.81.
• Shares opened at $5.61, trading below the 200‑day moving average ($6.96) and well under the consensus target, with a 12‑month range of $4.95–$8.64 and a market cap of about $2.94 billion.
• GBTG slightly beat quarterly estimates (EPS $0.06 vs $0.02 expected; revenue $792M vs $789.48M) but analysts forecast a -$0.17 EPS for the current fiscal year, and institutional investors hold 82.46% of the stock.

Global Business Travel Group, Inc. (NYSE:GBTG - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the eight analysts that are currently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $8.8143.

A number of research firms have recently commented on GBTG. BTIG Research reduced their target price on shares of Global Business Travel Group from $10.00 to $9.00 and set a "buy" rating on the stock in a research report on Monday, March 9th. Deutsche Bank Aktiengesellschaft set a $8.20 target price on shares of Global Business Travel Group in a research report on Wednesday, March 11th. Zacks Research raised shares of Global Business Travel Group from a "strong sell" rating to a "hold" rating in a research report on Friday, January 9th. Morgan Stanley reduced their target price on shares of Global Business Travel Group from $8.00 to $7.00 and set an "equal weight" rating on the stock in a research report on Monday, March 9th. Finally, Citigroup reduced their target price on shares of Global Business Travel Group from $11.00 to $9.00 and set a "buy" rating on the stock in a research report on Thursday, March 12th.

Global Business Travel Group Trading Up 0.1%

Shares of GBTG opened at $5.61 on Monday. The stock's 50-day moving average is $5.54 and its two-hundred day moving average is $6.96. The stock has a market cap of $2.94 billion, a PE ratio of 24.37, a P/E/G ratio of 1.09 and a beta of 0.75. Global Business Travel Group has a 12 month low of $4.95 and a 12 month high of $8.64. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.14 and a quick ratio of 1.14.

Global Business Travel Group (NYSE:GBTG - Get Free Report) last issued its quarterly earnings data on Monday, March 9th. The company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.04. The company had revenue of $792.00 million for the quarter, compared to analysts' expectations of $789.48 million. Global Business Travel Group had a return on equity of 6.20% and a net margin of 4.01%. Equities analysts forecast that Global Business Travel Group will post -0.17 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Quantbot Technologies LP acquired a new position in shares of Global Business Travel Group in the third quarter worth about $26,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Global Business Travel Group in the fourth quarter valued at $32,000. Advisory Services Network LLC acquired a new stake in Global Business Travel Group in the third quarter valued at $61,000. CWM LLC raised its holdings in Global Business Travel Group by 21.1% in the third quarter. CWM LLC now owns 7,630 shares of the company's stock valued at $62,000 after acquiring an additional 1,332 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in Global Business Travel Group by 1,238.9% in the third quarter. Russell Investments Group Ltd. now owns 9,024 shares of the company's stock valued at $73,000 after acquiring an additional 8,350 shares in the last quarter. Institutional investors and hedge funds own 82.46% of the company's stock.

Global Business Travel Group Company Profile

Global Business Travel Group NYSE: GBTG, formerly known as American Express Global Business Travel, is a provider of end-to-end corporate travel management solutions. The company helps organizations plan, book and manage business travel, meetings and events through an integrated suite of services. Its offerings include traveller support, expense management, virtual and in-person meeting services, data analytics and duty-of-care solutions tailored to enterprise customers.

Operating under a global network of offices and digital platforms, Global Business Travel Group serves clients across the Americas, EMEA and Asia Pacific.

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