Streetbeat News

GBTG

Global Business Travel Group, Inc.

https://www.amexglobalbusinesstravel.com

Industry

Software - Application

Global Business Travel Group, Inc. provides business-to-business (B2B) travel platform. The company's platform offers a suite of technology-enabled solutions to business travelers and corporate clients, travel content suppliers, and third-party travel agencies. Its platform manages travel, expenses, and meetings and events for companies. The company has built marketplace in B2B travel to deliver unrivalled choice, value, and experiences. Global Business Travel Group, Inc. is based in New York, New York.

Open

9.03

Mkt cap

4.2B

Volume

631K

High

9.04

P/E Ratio

-21.14

52-wk high

9.04

Low

8.85

Div yield

N/A

52-wk low

4.49

Global Business Travel Group, Inc. (GBTG) held its Q3 2024 earnings call, discussing financial performance and business outlook. Key participants included CEO Paul Abbott and CFO Karen Williams.

Portfolio Pulse from

November 05, 2024 | 7:00 pm

Global Business Travel Group, Inc. (GBTG) reported a Q3 loss of $0.22 per share, missing the Zacks Consensus Estimate of a $0.08 loss. This is a larger loss compared to $0.02 per share a year ago.

Portfolio Pulse from

November 05, 2024 | 3:15 pm

Citigroup analyst Peter Christiansen has maintained a Buy rating on Global Business Travel (NYSE:GBTG) and raised the price target from $9 to $9.5.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 7:00 pm

Travel and hotel-related stocks are trading lower due to geopolitical tensions, with reports suggesting Iran may attack Israel, potentially impacting travel demand.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 2:40 pm

American Express Global Business Travel, operated by Global Business Travel Group, repurchased 8 million shares of its Class A common stock at approximately $6.85 per share in Q3.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:46 am

Shares of companies within the consumer discretionary sector are trading higher due to overall market strength following softer-than-expected July PPI figures, which could alleviate some inflation concerns and boost consumer sentiment outlook.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 7:44 pm

Citigroup analyst Peter Christiansen maintains a Buy rating on Global Business Travel (NYSE:GBTG) and raises the price target from $8 to $9.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 7:25 pm

Evercore ISI Group analyst Duane Pfennigwerth maintains an Outperform rating on Global Business Travel (NYSE:GBTG) and raises the price target from $9 to $10.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:02 pm

Global Business Travel Group shares are trading higher after the company reported better-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 5:09 pm

Global Business Travel Group (GBTG) has reiterated its FY24 revenue guidance of $2.43B-$2.50B, raised its full-year 2024 Free Cash Flow guidance, and expects significant Adjusted EBITDA growth. The guidance does not include the impact of the CWT acquisition expected to close in Q1 2025.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:56 am

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