Global Business Travel Group, Inc. (NYSE:GBTG) Given Average Rating of “Hold” by Analysts

Shares of Global Business Travel Group, Inc. (NYSE:GBTG) have received an average recommendation of “Hold” from the five brokerages that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $9.6667.

A number of research firms have recently issued reports on GBTG. Weiss Ratings reissued a “sell (d-)” rating on shares of Global Business Travel Group in a research report on Wednesday, October 8th. Zacks Research lowered Global Business Travel Group from a “hold” rating to a “strong sell” rating in a report on Wednesday. Wall Street Zen cut Global Business Travel Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Morgan Stanley upped their target price on Global Business Travel Group from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Finally, BTIG Research increased their target price on Global Business Travel Group from $8.00 to $10.00 and gave the stock a “buy” rating in a report on Wednesday, August 27th.

Institutional Investors Weigh In On Global Business Travel Group

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Quarry LP bought a new position in Global Business Travel Group in the 1st quarter valued at $26,000. Quantbot Technologies LP purchased a new stake in Global Business Travel Group during the third quarter worth about $26,000. Federated Hermes Inc. purchased a new stake in Global Business Travel Group during the first quarter worth about $27,000. Neo Ivy Capital Management bought a new stake in Global Business Travel Group in the first quarter worth about $29,000. Finally, CWM LLC boosted its stake in Global Business Travel Group by 262.6% in the second quarter. CWM LLC now owns 6,298 shares of the company’s stock valued at $40,000 after acquiring an additional 4,561 shares during the last quarter. 82.46% of the stock is owned by institutional investors.

Global Business Travel Group Stock Performance

NYSE:GBTG opened at $7.09 on Friday. The company has a quick ratio of 1.66, a current ratio of 1.23 and a debt-to-equity ratio of 0.89. Global Business Travel Group has a twelve month low of $5.78 and a twelve month high of $9.60. The company has a fifty day moving average of $7.98 and a 200-day moving average of $7.16. The firm has a market capitalization of $3.40 billion, a P/E ratio of 354.20 and a beta of 0.73.

Global Business Travel Group (NYSE:GBTG) last posted its quarterly earnings results on Monday, November 10th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.09). Global Business Travel Group had a return on equity of 3.52% and a net margin of 0.40%.The company had revenue of $674.00 million during the quarter, compared to analyst estimates of $615.39 million. The business’s revenue for the quarter was up 12.9% compared to the same quarter last year. Global Business Travel Group has set its FY 2025 guidance at EPS. As a group, sell-side analysts anticipate that Global Business Travel Group will post -0.17 EPS for the current year.

About Global Business Travel Group

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.