- Priceline beat the analyst earning consensus but fell short on its top line. Priceline’s guidance for the next quarter falls short of the analyst consensus due to overseas investments.
- Priceline gains on all key stats including gross bookings. The healthy double digit growth and its investment in the emerging market are likely to continue.
- The consensus target price shows that the company is undervalued at its current price with healthy return and the relative valuation confirms this undervaluation.