The 36-month beta value for GBTG is at 0.62. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GBTG is 326.81M, and currently, shorts hold a 0.43% of that float. The average trading volume for GBTG on April 26, 2024 was 159.14K shares.
GBTG) stock’s latest price update
Global Business Travel Group Inc (NYSE: GBTG)’s stock price has plunge by 0.92relation to previous closing price of 5.99. Nevertheless, the company has seen a 0.75% surge in its stock price over the last five trading sessions. Seeking Alpha reported 2024-03-05 that Global Business Travel Group, Inc. (NYSE:GBTG ) Q4 2023 Results Conference Call March 5, 2024 9:00 AM ET Company Participants Jennifer Thorington – Director of Investor Relations Paul Abbott – Chief Executive Officer Karen Williams – Chief Financial Officer Eric Bock – Chief Legal Officer & Head of Global M&A Conference Call Participants Duane Pfennigwerth – Evercore ISI Toni Kaplan – Morgan Stanley Peter Christiansen – Citigroup Lee Horowitz – Deutsche Bank Operator Good morning. And welcome to the American Express Global Business Travel Fourth Quarter and Full Year 2023 Earnings Conference Call.
GBTG’s Market Performance
Global Business Travel Group Inc (GBTG) has seen a 0.75% rise in stock performance for the week, with a 0.75% gain in the past month and a 5.13% surge in the past quarter. The volatility ratio for the week is 1.77%, and the volatility levels for the past 30 days are at 2.51% for GBTG. The simple moving average for the past 20 days is 1.26% for GBTG’s stock, with a 1.39% simple moving average for the past 200 days.
Analysts’ Opinion of GBTG
Many brokerage firms have already submitted their reports for GBTG stocks, with Citigroup repeating the rating for GBTG by listing it as a “Buy.” The predicted price for GBTG in the upcoming period, according to Citigroup is $8 based on the research report published on December 15, 2023 of the previous year 2023.
Evercore ISI, on the other hand, stated in their research note that they expect to see GBTG reach a price target of $8. The rating they have provided for GBTG stocks is “Outperform” according to the report published on December 22nd, 2022.
Citigroup gave a rating of “Neutral” to GBTG, setting the target price at $6.50 in the report published on December 07th of the previous year.
GBTG Trading at 3.15% from the 50-Day Moving Average
After a stumble in the market that brought GBTG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.91% of loss for the given period.
Volatility was left at 2.51%, however, over the last 30 days, the volatility rate increased by 1.77%, as shares surge +0.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.33% lower at present.
During the last 5 trading sessions, GBTG rose by +0.50%, which changed the moving average for the period of 200-days by -14.59% in comparison to the 20-day moving average, which settled at $5.97. In addition, Global Business Travel Group Inc saw -6.28% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GBTG starting from Abbott Paul G, who purchase 350 shares at the price of $6.25 back on May 17 ’23. After this action, Abbott Paul G now owns 2,537,575 shares of Global Business Travel Group Inc, valued at $2,188 using the latest closing price.
Abbott Paul G, the Chief Executive Officer of Global Business Travel Group Inc, purchase 8,147 shares at $6.25 during a trade that took place back on May 16 ’23, which means that Abbott Paul G is holding 2,537,225 shares at $50,907 based on the most recent closing price.
Stock Fundamentals for GBTG
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.58 for the gross margin
The net margin for Global Business Travel Group Inc stands at -0.04. The total capital return value is set at 0.01. Equity return is now at value -9.26, with -1.42 for asset returns.
Based on Global Business Travel Group Inc (GBTG), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 1.14. The interest coverage ratio of the stock is 0.29.
Currently, EBITDA for the company is 228.0 million with net debt to EBITDA at 5.51. When we switch over and look at the enterprise to sales, we see a ratio of 1.66. The receivables turnover for the company is 2.98for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.
Conclusion
In conclusion, Global Business Travel Group Inc (GBTG) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
