Global Business Travel Group Inc (GBTG) looking to reclaim success with recent performance

With 0.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.97 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $7.6 whereas the lowest price it dropped to was $7.3. The 52-week range on GBTG shows that it touched its highest point at $7.95 and its lowest point at $4.49 during that stretch. It currently has a 1-year price target of $8.62. Beta for the stock currently stands at 0.64.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GBTG was down-trending over the past week, with a drop of -5.07%, but this was down by -3.60% over a month. Three-month performance surged to 11.79% while six-month performance rose 24.83%. The stock gained 46.29% in the past year, while it has gained 16.12% so far this year. A look at the trailing 12-month EPS for GBTG yields -0.10 with Next year EPS estimates of 0.10. For the next quarter, that number is -0.02. This implies an EPS growth rate of 102.74% for this year and 1100.06% for next year.

Float and Shares Shorts:

At present, 467.09 million GBTG shares are outstanding with a float of 181.17 million shares on hand for trading. On 2024-09-30, short shares totaled 7.67 million, which was 162.0 higher than short shares on 1724976000. In addition to Mr. Paul Abbott as the firm’s CEO & Director, Mr. Andrew George Crawley serves as its President.

Institutional Ownership:

Through their ownership of 0.34547 of GBTG’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, GBTG reported revenue of $625000000.0 and operating income of $39000000.0. The EBITDA in the recently reported quarter was $88000000.0 and diluted EPS was $0.06.