Experts Set Orbitz Worldwide PT At $9.35 (NYSE: OWW)

March 31, 2015 Nemes Worldwide News

Orbitz Worldwide (NYSE: OWW) has actually earned a typical suggestion of Hold from the eleven ratings firms that are currently covering the company, Expert Ratings.Net reports. Eight analysts have actually ranked the stock with a hold score and two have actually appointed a buy score to the company. The average 12-month target cost among brokers that have actually covered the stock in the in 2013 is $9.35.

In other Orbitz Worldwide news, CEO Barney Harford offered 39,792 shares of the stock on the free market in a transaction dated Monday, February 23rd. The shares were offered at an average cost of $11.55, for an overall value of $459,597.60. The sale was disclosed in a file submitted with the Securities amp; Exchange Commission, which can be accessed through this link.

A variety of experts have actually just recently weighed in on OWW shares. Experts at RBC Capital restated a sector carry out rating and set a $12.00 price target on shares of Orbitz Worldwide in a research study note on Sunday, February 15th. Experts at Oppenheimer downgraded shares of Orbitz Worldwide from an outperform score to a market carry out score and raised their price target for the stock from $9.50 to $12.00 in a research study note on Friday, February 13th. Experts at Goldman Sachs upgraded shares of Orbitz Worldwide from a sell score to a neutral rating and raised their price target for the stock from $7.00 to $9.00 in a research study note on Friday, February 13th. Finally, analysts at FBR Capital Markets upgraded shares of Orbitz Worldwide from a market perform rating to an outperform rating and raised their cost target for the stock from $4.50 to $6.80 in a research study note on Wednesday, February 11th.

Shares of Orbitz Worldwide (NYSE: OWW) opened at 11.58 on Wednesday. Orbitz Worldwide has a 1-year low of $6.49 and a 1-year high of $11.76. The stock has a 50-day moving average of $10.13 and a 200-day moving average of $8.60. The business has a market cap of $1.282 billion and a P/E ratio of 77.53.

Orbitz Worldwide (NYSE: OWW) last provided its quarterly earnings information on Thursday, February 12th. The company reported $0.06 incomes per share for the quarter, missing out on the experts consensus estimate of $0.07 by $0.01. The company had profits of $220.60 million for the quarter, compared with the agreement quote of $220.10 million. Throughout the same quarter last year, the business published $0.05 profits per share. Orbitz Worldwides profits was up 11.8 % compared to the very same quarter last year. On average, analysts anticipate that Orbitz Worldwide will post $0.39 incomes per share for the existing fiscal year.

Orbitz Worldwide, Inc is a global online travel business (NYSE: OWW) that uses innovation to enable leisure and business tourists to research, strategy and book a range of travel items and services. The Companys brand name portfolio includes Orbitz, CheapTickets, and the Away Network in the Americas, ebookers in Europe and HotelClub and RatesToGo based in Australia, which have operations internationally.

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