NYSE:GBTG

Global Business Travel Group (GBTG) Stock Forecast, Price & News

$7.87

+0.19 (+2.47%)

(As of 04:33 PM ET)

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Today's Range: $7.41
▼
$7.96
50-Day Range: $5.60
▼
$7.96
52-Week Range: $4.26
▼
$8.40

Volume: 138,233 shs
Average Volume: 85,053 shs
Market Capitalization: $3.65 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.68

Global Business Travel Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 11.3% Upside
$8.68 Price Target
Short Interest: Bearish
3.27% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$64,981 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.18) to $0.16 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.32 out of 5 stars

Transportation Sector

116th out of 122 stocks

Transportation Services Industry

14th out of 16 stocks

2.3

Analyst's Opinion

Consensus Rating
Global Business Travel Group has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.68, Global Business Travel Group has a forecasted upside of 11.3% from its current price of $7.80.
Amount of Analyst Coverage
Global Business Travel Group has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.27% of the float of Global Business Travel Group has been sold short.
Short Interest Ratio / Days to Cover
Global Business Travel Group has a short interest ratio ("days to cover") of 9.5.
Change versus previous month
Short interest in Global Business Travel Group has recently increased by 0.06%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Global Business Travel Group does not currently pay a dividend.
Dividend Growth
Global Business Travel Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GBTG.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Global Business Travel Group this week, compared to 2 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Global Business Travel Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $64,981.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 5.00% of the stock of Global Business Travel Group is held by insiders.
Percentage Held by Institutions
Only 15.91% of the stock of Global Business Travel Group is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Global Business Travel Group are expected to grow in the coming year, from ($0.18) to $0.16 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Global Business Travel Group is -12.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Global Business Travel Group is -12.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Global Business Travel Group has a P/B Ratio of 2.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Global Business Travel Group (NYSE:GBTG) Stock

Global Business Travel Group, Inc. provides business-to-business (B2B) travel platform in the United States of America and internationally. The company's platform offers a suite of technology-enabled solutions to business travelers and clients; travel content suppliers including airlines, hotels, ground transportation, and aggregators; and third-party travel agencies. It manages travel, expenses, and meetings and events for companies. The company is headquartered in New York, New York.

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GBTG Stock News Headlines

June 2, 2023 | americanbankingnews.com

Global Business Travel Group (NYSE:GBTG) Trading 3.2% Higher

May 31, 2023 | americanbankingnews.com

Global Business Travel Group (NYSE:GBTG) and Mondee (NASDAQ:MOND) Head to Head Review

June 8, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...

May 23, 2023 | businesswire.com

American Express Global Business Travel Expected to Join the Russell 2000 ® and 3000 ® Indexes

May 21, 2023 | americanbankingnews.com

Insider Buying: Global Business Travel Group, Inc. (NYSE:GBTG) CEO Acquires $50,918.75 in Stock

May 20, 2023 | americanbankingnews.com

Global Business Travel Group, Inc. (NYSE:GBTG) Insider Acquires $14,062.50 in Stock

May 20, 2023 | americanbankingnews.com

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

May 17, 2023 | markets.businessinsider.com

Overseas Adventure Travel Highlights 2024 Small Group Adventures

June 8, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

May 13, 2023 | seekingalpha.com

Global Business Travel Group, Inc. (GBTG) Q1 2023 Earnings Call Transcript

May 12, 2023 | msn.com

Credit Suisse Maintains Global Business Travel Group Inc - (GBTG) Outperform Recommendation

May 11, 2023 | seekingalpha.com

Global Business Travel Group, Inc. 2023 Q1 - Results - Earnings Call Presentation

May 10, 2023 | marketwatch.com

8-K: Global Business Travel Group, Inc.

May 10, 2023 | finance.yahoo.com

Q1 2023 Global Business Travel Group Inc Earnings Call

May 9, 2023 | msn.com

Global Business Travel Group beats Q1 top and bottom line estimates; initiates Q2 and updates FY23 outlook

May 9, 2023 | msn.com

Global Business Travel Group, Inc. (GBTG) Reports Q1 Loss, Tops Revenue Estimates

May 9, 2023 | finance.yahoo.com

American Express Global Business Travel Reports Q1 2023 Financial Results

April 30, 2023 | americanbankingnews.com

Global Business Travel Group, Inc. (NYSE:GBTG) Receives $8.68 Average PT from Analysts

April 29, 2023 | seekingalpha.com

Booking Holdings: Take Advantage Of Travel Momentum

April 29, 2023 | marketwatch.com

Religious Tourism Market Hitting New Highs by 2030 | Expedia Group, Priceline Group, China Travel, China CYTS Tours Holding

April 26, 2023 | markets.businessinsider.com

Global Travel & Tourism Catapults into 2023 Says WTTC

April 25, 2023 | forbes.com

How Companies Can Make Travel More Inclusive For The LGBTQ+ Community

April 25, 2023 | finance.yahoo.com

American Express Global Business Travel to Report First Quarter 2023 Financial Results on May 9, 2023

April 24, 2023 | msn.com

New reports say business travel isn’t going back to normal — ever

April 18, 2023 | finance.yahoo.com

Revenues Working Against Global Business Travel Group, Inc.'s (NYSE:GBTG) Share Price

April 18, 2023 | americanbankingnews.com

Global Business Travel Group (GBTG) vs. Its Rivals Head-To-Head Contrast

April 14, 2023 | americanbankingnews.com

Critical Review: Global Business Travel Group (GBTG) & Its Peers

See More Headlines

GBTG Price History

30 days | 90 days | 365 days | Advanced Chart

GBTG Company Calendar

Today: 6/08/2023
Next Earnings (Estimated): 8/10/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Transportation services
Sub-Industry: N/A
Sector: Transportation
Current Symbol: NYSE:GBTG
CUSIP: N/A
CIK: 1820872
Web: www.apollostrategicgrowthcapital.com
Phone: 480-909-1740
Fax: N/A
Employees: 19,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $8.68
High Stock Price Forecast: $12.50
Low Stock Price Forecast: $7.10
Forecasted Upside/Downside: +15.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.62)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-25,000,000.00
Net Margins: -1.30%
Pretax Margin: -9.96%
Return on Equity: -2.09%
Return on Assets: -0.71%

Debt

Debt-to-Equity Ratio: 1.00
Current Ratio: 1.64
Quick Ratio: 1.64

Sales & Book Value

Annual Sales: $1.85 billion
Price / Sales: 1.89
Cash Flow: $0.33 per share
Price / Cash Flow: 23.08
Book Value: $2.97 per share
Price / Book: 2.54

Miscellaneous

Outstanding Shares: 464,360,000
Free Float: 441,143,000
Market Cap: $3.50 billion
Optionable: Not Optionable
Beta: 0.27

Key Executives

Mr. Paul Abbott (Age 54)
CEO & Director
Comp: $9.4M

Ms. Martine Gerow (Age 63)
Chief Financial Officer

Mr. Andrew George Crawley (Age 56)
Chief Commercial Officer
Comp: $3.27M

Mr. Eric J. Bock (Age 57)
Chief Legal Officer, Global Head of Mergers & Acquisitions & Corp. Sec.

Ms. Si-Yeon Kim J.D.
Chief Risk & Compliance Officer

Ms. Patricia Anne Huska (Age 54)
Chief People Officer

Mr. Evan Konwiser (Age 41)
Exec. VP of Product & Strategy

Ms. Boriana Tchobanova (Age 48)
Sr. VP & Chief Transformation Officer

Mr. David Thompson (Age 56)
Chief Information Technology Officer

Mr. Mark Hollyhead (Age 53)
Pres of Egencia

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GBTG Stock - Frequently Asked Questions

Should I buy or sell Global Business Travel Group stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Global Business Travel Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GBTG shares.
View GBTG analyst ratings or view top-rated stocks.
What is Global Business Travel Group's stock price forecast for 2023?: 6 Wall Street analysts have issued 12-month price objectives for Global Business Travel Group's shares. Their GBTG share price forecasts range from $7.10 to $12.50. On average, they expect the company's share price to reach $8.68 in the next year. This suggests a possible upside of 15.2% from the stock's current price.
View analysts price targets for GBTG or view top-rated stocks among Wall Street analysts.
How have GBTG shares performed in 2023?: Global Business Travel Group's stock was trading at $6.75 on January 1st, 2023. Since then, GBTG stock has increased by 11.7% and is now trading at $7.54.
View the best growth stocks for 2023 here.
When is Global Business Travel Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our GBTG earnings forecast.
What ETFs hold Global Business Travel Group's stock?: ETFs with the largest weight of Global Business Travel Group (NYSE:GBTG) stock in their portfolio include ETFMG Travel Tech ETF (AWAY).Ballast Small/Mid Cap ETF (MGMT).
What guidance has Global Business Travel Group issued on next quarter's earnings?: Global Business Travel Group updated its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $555.00 million-$575.00 million, compared to the consensus revenue estimate of $557.66 million.

What is Global Business Travel Group's stock symbol?: Global Business Travel Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "GBTG."
Who are Global Business Travel Group's major shareholders?: Global Business Travel Group's stock is owned by many different retail and institutional investors. Top institutional investors include Apollo Management Holdings L.P. (5.54%), Hudson Bay Capital Management LP (0.20%), ETF Managers Group LLC (0.16%), Balyasny Asset Management L.P. (0.05%), Geode Capital Management LLC (0.04%) and Beaconlight Capital LLC (0.04%). Insiders that own company stock include Eric J Bock, James Peter Bush, Martine Gerow, Paul G Abbott and Vliet Christopher Van.
View institutional ownership trends.
How do I buy shares of Global Business Travel Group?: Shares of GBTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Global Business Travel Group's stock price today?: One share of GBTG stock can currently be purchased for approximately $7.54.
How much money does Global Business Travel Group make?: Global Business Travel Group (NYSE:GBTG) has a market capitalization of $3.50 billion and generates $1.85 billion in revenue each year. The company earns $-25,000,000.00 in net income (profit) each year or ($0.62) on an earnings per share basis.
How many employees does Global Business Travel Group have?: The company employs 19,000 workers across the globe.
How can I contact Global Business Travel Group?: Global Business Travel Group's mailing address is 9 WEST 57TH STREET 43RD FLOOR, NEW YORK NY, 10019. The official website for the company is www.apollostrategicgrowthcapital.com. The company can be reached via phone at 480-909-1740 or via email at investor@amexgbt.com.

This page (NYSE:GBTG) was last updated on 6/8/2023 by MarketBeat.com Staff

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