Date | Price Target | Rating | Analyst |
---|---|---|---|
12/15/2023 | $8.00 | Neutral → Buy | Citigroup |
12/22/2022 | $8.00 | Outperform | Evercore ISI |
12/7/2022 | $6.50 | Neutral | Citigroup |
10/3/2022 | $7.10 | Buy | Deutsche Bank |
9/30/2022 | $9.00 | Outperform | Credit Suisse |
9/14/2022 | $9.00 | Equal-Weight | Morgan Stanley |
10-Q - Global Business Travel Group, Inc. (0001820872) (Filer)
8-K - Global Business Travel Group, Inc. (0001820872) (Filer)
8-K - Global Business Travel Group, Inc. (0001820872) (Filer)
Gainers Carriage Servs (NYSE:CSV) shares moved upwards by 29.3% to $35.35 during Tuesday's after-market session. The company's market cap stands at $536.0 million. Sportsman's Warehouse (NASDAQ:SPWH) shares moved upwards by 8.52% to $2.8. The company's market cap stands at $105.6 million. Kirkland's (NASDAQ:KIRK) stock increased by 6.25% to $1.87. The company's market cap stands at $24.3 million. ToughBuilt Industries (NASDAQ:TBLT) stock increased by 5.76% to $3.3. The market value of their outstanding shares is at $2.5 million. PLBY Group (NASDAQ:PLBY) stock rose 5.7% to $0.79. The company's market cap stands at $57.3 million. Connexa Sports Techs (NASDAQ:YYAI) stock moved upwards by
Reiterating Full-Year 2024 GuidanceKaren Williams, Amex GBT's Chief Financial Officer, stated: "First quarter performance was in line with our expectations, and we remain confident in delivering the strong profitability growth we have guided to for the full year. We expect our continued focus on productivity, margin expansion and cash flow acceleration will drive full-year Adjusted EBITDA growth between 18% and 32% and Free Cash Flow generation in excess of $100 million in 2024."The guidance below does not incorporate the impact of the CWT acquisition, which is expected to close in the second half of 2024. Full-Year 2024 GuidanceYear-over-Year GrowthRevenue$2.43B – $2.50B+ 6% – 9%Adjusted EB
Global Business Travel (NYSE:GBTG) reported quarterly losses of $(0.04) per share which missed the analyst consensus estimate of $0.04 by 200 percent. This is a 33.33 percent increase over losses of $(0.06) per share from the same period last year. The company reported quarterly sales of $610.00 million which missed the analyst consensus estimate of $624.28 million by 2.29 percent. This is a 5.54 percent increase over sales of $578.00 million the same period last year.
AlTi Global, Inc. (NASDAQ:ALTI) ("AlTi"), a leading independent global wealth and asset manager, today announced the appointment of Norma Corio to its Board of Directors ("Board"), following the departure of Hazel McNeilage, effective June 29, 2023. "I am thrilled to welcome Norma to our Board as AlTi embarks on its next phase of growth," said Michael Tiedemann, Chief Executive Officer of AlTi Global. "Norma offers over four decades of public company, banking and capital markets experience which will be invaluable in establishing AlTi as a leading global wealth and asset management platform in the public markets. I would like to thank Hazel for her contributions to the Board and wish her
American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE:GBTG) ("Amex GBT" or the "Company"), a leading B2B software and services company for travel, expense, and meetings & events, today announced that during the third quarter of 2024, the Company repurchased 8,000,000 shares of its Class A common stock from a stockholder of the Company in a privately negotiated transaction at a purchase price of approximately $6.85 per share, or approximately $55 million in aggregate. The stock repurchase was funded by the Company's cash on hand and was unanimously approved by the Company's Board of Directors. The total number of shares repurchased by the Comp
American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE:GBTG) ("Amex GBT"), a leading B2B software and services company for travel, expense, and meetings & events, today announced that it will present at Citi's 2024 Global TMT Conference on September 5, 2024, beginning at 11:40AM ET in New York City. A live webcast of the event will be made available on the Amex GBT investor relations website at investors.amexglobalbusinesstravel.com. A replay of the webcast will be available on the website for at least 90 days following the event. About American Express Global Business Travel American Express Global Business Travel (Amex GBT) is a leadin
American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE:GBTG) ("Amex GBT" or the "Company"), a leading B2B software and services company for travel, expense, and meetings & events, today announced financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Delivered Strong Financial Results Revenue grew 6% year over year to $625 million. Adjusted EBITDA grew 20% year over year to $127 million. Strong Free Cash Flow generation of $49 million, representing growth of 148% year over year. Controlled Costs & Drove Operating Leverage 2% Adjusted Operating Expense growth versus 6% revenue growth.
4 - Global Business Travel Group, Inc. (0001820872) (Issuer)
4 - Global Business Travel Group, Inc. (0001820872) (Issuer)
4 - Global Business Travel Group, Inc. (0001820872) (Issuer)
American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE:GBTG) ("Amex GBT" or the "Company"), a leading B2B software and services company for travel, expense, and meetings & events, today announced financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Delivered Strong Financial Results Revenue grew 6% year over year to $625 million. Adjusted EBITDA grew 20% year over year to $127 million. Strong Free Cash Flow generation of $49 million, representing growth of 148% year over year. Controlled Costs & Drove Operating Leverage 2% Adjusted Operating Expense growth versus 6% revenue growth.
American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE:GBTG) ("Amex GBT" or the "Company"), a leading software and services company for travel, expense, and meetings & events, today announced that it will report second quarter 2024 financial results on August 6, 2024, before the market opens followed by a live audio webcast at 9:00 a.m. ET. Paul Abbott, Chief Executive Officer, and Karen Williams, Chief Financial Officer, will discuss Amex GBT's financial performance and business outlook. The webcast is expected to last approximately one hour and will be accessible by visiting the Investor Relations section of Amex GBT's website at investors
American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE:GBTG) ("Amex GBT" or the "Company"), a leading B2B software and services company for travel and expense, today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Delivered Strong Financial Results TTV grew 9% year-over-year (10% workday adjusted1). Revenue grew 6% year-over-year to $610 million (7% workday adjusted1). Record first-quarter Adjusted EBITDA of $123 million, representing growth of 24%. Reiterated full-year 2024 revenue and Adjusted EBITDA guidance ranges. Continued Share Gains LTM Total New Wins Value tot
Citigroup upgraded Global Business Travel Group from Neutral to Buy and set a new price target of $8.00
Evercore ISI initiated coverage of Global Business Travel Group with a rating of Outperform and set a new price target of $8.00
Citigroup initiated coverage of Global Business Travel Group with a rating of Neutral and set a new price target of $6.50
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