Investors Offer Shares Of Orbitz Worldwide On Strength (OWW)

March 9, 2015 Nemes Worldwide News

Traders sold shares of Orbitz Worldwide (NYSE: OWW) on strength during trading on Tuesday, Expert Registered Nurse reports. $7.77 million flowed into the stock on the tick-up and $25.27 million floweddrained of the stock on the tick-down, for a money web flow of $17.50 million from the stock. Of all stocks tracked, Orbitz Worldwide had the 24th greatest net out-flow for the day. Orbitz Worldwide traded up $0.03 for the day and closed at $11.59.

A number of experts have actually just recently weighed in on OWW shares. Experts at RBC Capital reiterated 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 perform rating and raised their cost target for the stock from $9.50 to $12.00 in a research study note on Friday, February 13th. Experts at Goldman Sachs updated shares of Orbitz Worldwide from a sell score to a neutral score and raised their cost 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 score and raised their rate target for the stock from $4.50 to $6.80 in a research note on Wednesday, February 11th. 8 research study experts have actually ranked the stock with a hold rating and two have actually assigned a buy rating to the companys stock. The stock presently has an average rating of Hold and a consensus cost target of $9.35.

The stocks 50-day moving average is $10.29 and its 200-day moving average is $8.65. The company has a market cap of $1.283 billion and a price-to-earnings ratio of 77.07.

Orbitz Worldwide (NYSE: OWW) last released its incomes data on Thursday, February 12th. The business reported $0.06 incomes per share (EPS) for the quarter, missing the consensus quote of $0.07 by $0.01. The business had income of $220.60 million for the quarter, compared to the agreement quote of $220.10 million. Throughout the very same quarter in the previous year, the business published $0.05 profits per share. The business profits for the quarter was up 11.8 % on a year-over-year basis. Experts expect that Orbitz Worldwide will certainly publish $0.40 EPS for the present fiscal year.

In other Orbitz Worldwide news, CEO Barney Harford offered 39,792 shares of the stock on the free market in a deal that took place on Monday, February 23rd. The shares were offered at an average rate of $11.55, for a total value of $459,597.60. The sale was disclosed in a legal filing with the Securities amp; Exchange Commission, which can be accessed through this link.

Orbitz Worldwide, Inc is a global online travel business (NYSE: OWW) that makes use of technology to allow leisure and company travelers to research, plan and book a variety of travel productsservices and products. 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 globally.

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