Orbitz Worldwide Protection Initiated At Macquarie

January 14, 2015 Nemes Worldwide News

Analysts at Macquarie assumed protection on shares of Orbitz Worldwide (NYSE: OWW) in a research guide issued to clients and investors on Monday, TheFlyOnTheWall.com reports. The company set a neutral score and a $9.00 rate target on the stock. Macquaries cost objective recommends a potential upside of 6.64 % from the stocks previous close.

A number of other firms have likewise just recently commented on OWW. Experts at Credit Suisse initiated coverage on shares of Orbitz Worldwide in a study note on Monday, November 24th. They set a neutral rating and a $10.50 cost target on the stock. Independently, analysts at Cantor Fitzgerald cut their cost target on shares of Orbitz Worldwide from $10.00 to $9.00 in a study note on Friday, November 14th. They now have a hold score on the stock. Lastly, analysts at Standard Co. reiterated a buy rating on shares of Orbitz Worldwide in a study note on Friday, November 7th. They now have a $10.00 cost target on the stock, down previously from $11.00. One financial investment analyst has actually rated the stock with a sell score, 6 have actually issued a hold score and three have actually provided a buy score to the stock. Orbitz Worldwide has a consensus rating of Hold and an average target rate of $8.77.

Orbitz Worldwide (NYSE: OWW) opened at 8.44 on Monday. Orbitz Worldwide has a 52-week low of $6.49 and a 52-week high of $9.96. The stocks 50-day moving average is $7.95 and its 200-day moving average is $8.28. The company has a market cap of $934.4 million and a price-to-earnings ratio of 61.61.

Orbitz Worldwide (NYSE: OWW) last published its quarterly profits results on Thursday, November Sixth. The company reported $0.08 EPS for the quarter, missing out on the Thomson Reuters consensus quote of $0.14 by $0.06. The business had profits of $253.10 million for the quarter, as compared to the agreement estimate of $252.99 million. During the exact same quarter in the previous year, the company posted $0.11 incomes per share. The companys quarterly income was up 14.6 % on a year-over-year basis. Analysts expect that Orbitz Worldwide will publish $0.16 EPS for the present fiscal year.

In other Orbitz Worldwide news, CEO Barney Harford offered 50,000 shares of the business stock on the free market in a deal dated Thursday, December 11th. The shares were sold at a typical cost of $8.48, for an overall value of $424,000.00. The deal was revealed in a document filed with the SEC, which is readily available at this link.

Orbitz Worldwide, Inc is a worldwide online travel company (NYSE: OWW) that uses technology to enable leisure and company tourists to research, plan and book a variety of travel productsservices and products.

Get News Scores for Orbitz Worldwide Daily – Enter your email address below to receive a succinct daily summary of the latestthe current news and experts scores for Orbitz Worldwide and related companies with Expert Ratings Networks FREE everyday email newsletter.

Worldwide News,

Comments are currently closed.