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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 3.696
PCLN's Cash to Debt is ranked higher than
77% of the 786 Companies
in the Global Leisure industry.

( Industry Median: 0.55 vs. PCLN: 3.696 )
PCLN' s 10-Year Cash to Debt Range
Min: 0.69   Max: No Debt
Current: 3.7

Equity to Asset 0.593
PCLN's Equity to Asset is ranked higher than
71% of the 786 Companies
in the Global Leisure industry.

( Industry Median: 0.50 vs. PCLN: 0.593 )
PCLN' s 10-Year Equity to Asset Range
Min: -1.28   Max: 0.91
Current: 0.59

-1.28
0.91
Interest Coverage 31.4
PCLN's Interest Coverage is ranked higher than
76% of the 786 Companies
in the Global Leisure industry.

( Industry Median: 4.00 vs. PCLN: 31.4 )
PCLN' s 10-Year Interest Coverage Range
Min: 22   Max: No Debt
Current: 31.4

F-Score: 7
Z-Score: 11.52
M-Score: -2.43
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry
vs
history
Operating margin (%) 34.80
PCLN's Operating margin (%) is ranked higher than
96% of the 786 Companies
in the Global Leisure industry.

( Industry Median: 6.60 vs. PCLN: 34.80 )
PCLN' s 10-Year Operating margin (%) Range
Min: -13.1   Max: 34.8
Current: 34.8

-13.1
34.8
Net-margin (%) 27
PCLN's Net-margin (%) is ranked higher than
94% of the 786 Companies
in the Global Leisure industry.

( Industry Median: 3.50 vs. PCLN: 27 )
PCLN' s 10-Year Net-margin (%) Range
Min: -218.7   Max: 27
Current: 27

-218.7
27
ROE (%) 36.4
PCLN's ROE (%) is ranked higher than
97% of the 786 Companies
in the Global Leisure industry.

( Industry Median: 3.20 vs. PCLN: 36.4 )
PCLN' s 10-Year ROE (%) Range
Min: -262.1   Max: 52.2
Current: 36.4

-262.1
52.2
ROA (%) 21.6
PCLN's ROA (%) is ranked higher than
97% of the 786 Companies
in the Global Leisure industry.

( Industry Median: 2.10 vs. PCLN: 21.6 )
PCLN' s 10-Year ROA (%) Range
Min: -238.8   Max: 26.7
Current: 21.6

-238.8
26.7
Revenue Growth (%) 21.4
PCLN's Revenue Growth (%) is ranked higher than
95% of the 786 Companies
in the Global Leisure industry.

( Industry Median: 0.00 vs. PCLN: 21.4 )
PCLN' s 10-Year Revenue Growth (%) Range
Min: -84.5   Max: 527.3
Current: 21.4

-84.5
527.3
EBITDA Growth (%) 37.6
PCLN's EBITDA Growth (%) is ranked higher than
95% of the 786 Companies
in the Global Leisure industry.

( Industry Median: 0.00 vs. PCLN: 37.6 )
PCLN' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 48.9
Current: 37.6

0
48.9
EPS Growth (%) 29.4
PCLN's EPS Growth (%) is ranked higher than
93% of the 786 Companies
in the Global Leisure industry.

( Industry Median: 0.00 vs. PCLN: 29.4 )
PCLN' s 10-Year EPS Growth (%) Range
Min: -67.3   Max: 57.9
Current: 29.4

-67.3
57.9
» PCLN's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2012

PCLN Guru Trades in Q2 2012

Pioneer Investments 316 sh (New)
John Burbank 5,766 sh (New)
Ken Fisher 598,135 sh (New)
Steven Cohen 76,550 sh (+705.11%)
Andreas Halvorsen 1,122,266 sh (+69.15%)
Chase Coleman 868,000 sh (+10.57%)
Frank Sands 1,126,843 sh (+5.39%)
Steve Mandel 1,128,189 sh (+4.36%)
Lee Ainslie 182,600 sh (+3.22%)
John Griffin 554,000 sh (unchged)
Alan Fournier 148,800 sh (unchged)
Chuck Royce Sold Out
Mario Gabelli 2,780 sh (-0.36%)
RS Investment Management 5,170 sh (-0.39%)
Jeremy Grantham 20,708 sh (-0.96%)
Ron Baron 136,988 sh (-3.1%)
Jim Simons 214,900 sh (-43.68%)
Louis Moore Bacon 1,849 sh (-90.72%)
» More
Q3 2012

PCLN Guru Trades in Q3 2012

Julian Robertson 23,800 sh (New)
Chuck Royce 500 sh (New)
Bruce Kovner 500 sh (New)
Joel Greenblatt 1,310 sh (New)
Lee Ainslie 380,600 sh (+108.43%)
Alan Fournier 301,100 sh (+102.35%)
John Burbank 7,766 sh (+34.69%)
Steve Mandel 1,416,458 sh (+25.55%)
Frank Sands 1,141,034 sh (+1.26%)
Ron Baron 138,514 sh (+1.11%)
John Griffin 554,000 sh (unchged)
RS Investment Management Sold Out
Pioneer Investments Sold Out
Chase Coleman 790,000 sh (-8.99%)
Louis Moore Bacon 1,600 sh (-13.47%)
Jeremy Grantham 17,743 sh (-14.32%)
Mario Gabelli 2,055 sh (-26.08%)
Andreas Halvorsen 680,749 sh (-39.34%)
Jim Simons 118,100 sh (-45.04%)
Steven Cohen 5,219 sh (-93.18%)
Ken Fisher 10,319 sh (-98.27%)
» More
Q4 2012

PCLN Guru Trades in Q4 2012

David Rolfe 104,729 sh (New)
Eric Mindich 175,000 sh (New)
Steven Cohen 181,864 sh (+3384.65%)
Louis Moore Bacon 14,500 sh (+806.25%)
Jim Simons 393,699 sh (+233.36%)
Joel Greenblatt 3,073 sh (+134.58%)
Julian Robertson 30,000 sh (+26.05%)
Steve Mandel 1,770,983 sh (+25.03%)
John Burbank 9,066 sh (+16.74%)
Frank Sands 1,169,858 sh (+2.53%)
John Griffin 554,000 sh (unchged)
Jeremy Grantham 16,041 sh (unchged)
Alan Fournier 301,100 sh (unchged)
Bruce Kovner Sold Out
Andreas Halvorsen Sold Out
Chuck Royce Sold Out
Ron Baron 135,741 sh (-2%)
Mario Gabelli 1,885 sh (-8.27%)
Lee Ainslie 309,596 sh (-18.66%)
Chase Coleman 506,000 sh (-35.95%)
Ken Fisher 1,230 sh (-88.08%)
» More
Q1 2013

PCLN Guru Trades in Q1 2013

Pioneer Investments 4,232 sh (New)
Louis Moore Bacon 22,500 sh (+55.17%)
Eric Mindich 245,000 sh (+40%)
David Rolfe 134,445 sh (+28.37%)
Frank Sands 1,487,535 sh (+27.16%)
Lee Ainslie 380,011 sh (+22.74%)
Steven Cohen 218,983 sh (+20.41%)
John Burbank Sold Out
Steve Mandel 1,770,208 sh (-0.04%)
Alan Fournier 298,800 sh (-0.76%)
Julian Robertson 28,600 sh (-4.67%)
Mario Gabelli 1,745 sh (-7.43%)
Ron Baron 119,112 sh (-12.25%)
Jim Simons 318,499 sh (-19.1%)
John Griffin 447,000 sh (-19.31%)
Chase Coleman 380,000 sh (-24.9%)
Joel Greenblatt 2,224 sh (-27.63%)
Ken Fisher 757 sh (-38.46%)
Jeremy Grantham 407 sh (-97.46%)
» More
» Details

Insider Trades

Latest Guru Trades with PCLN

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Frank Sands 2013-03-31 Add 27.16%0.77%$620.39 - $725.07 $ 834.8221%1487535
Lee Ainslie 2013-03-31 Add 22.74%0.63%$620.39 - $725.07 $ 834.8221%380011
John Burbank 2013-03-31 Sold Out 0.22%$620.39 - $725.07 $ 834.8221%0
Joel Greenblatt 2013-03-31 Reduce -27.63%0.03%$620.39 - $725.07 $ 834.8221%2224
Steve Mandel 2012-12-31 Add 25.03%1.38%$557.87 - $667.8 $ 834.8235%1770983
Julian Robertson 2012-12-31 Add 26.05%0.68%$557.87 - $667.8 $ 834.8235%30000
Joel Greenblatt 2012-12-31 Add 134.58%0.06%$557.87 - $667.8 $ 834.8235%3073
Julian Robertson 2012-09-30 New Buy3.2%$560.41 - $690.55 $ 834.8232%23800
Lee Ainslie 2012-09-30 Add 108.43%1.61%$560.41 - $690.55 $ 834.8232%380600
Steve Mandel 2012-09-30 Add 25.55%1.1%$560.41 - $690.55 $ 834.8232%1416458
John Burbank 2012-09-30 Add 34.69%0.06%$560.41 - $690.55 $ 834.8232%7766
Joel Greenblatt 2012-09-30 New Buy0.05%$560.41 - $690.55 $ 834.8232%1310
Mario Gabelli 2012-09-30 Reduce -26.08%$560.41 - $690.55 $ 834.8232%2055
Steve Mandel 2012-06-30 Add 4.36%0.18%$610.93 - $772.35 $ 834.8221%1128189
Frank Sands 2012-06-30 Add 5.39%0.17%$610.93 - $772.35 $ 834.8221%1126843
John Burbank 2012-06-30 New Buy0.13%$610.93 - $772.35 $ 834.8221%5766
Premium More recent guru trades are included for Premium Members only!!
» Financial Charts

Peter Lynch Chart

Guru Investment Theses on Priceline.com, Inc.

Baron Funds Comments on Priceline.com Inc. - Dec 06, 2012

priceline.com, Inc. (PCLN) is a leading online travel agency that operates several online sites, including booking.com, priceline.com, rentalcars.com and agoda.com. Its shares fell after it reported a weak global outlook for its upcoming quarter, especially in Europe, which accounts for a majority of its cash flow. Despite the near-term macroeconomic headwinds, we remain positive on the company's longer-term outlook. Priceline's penetration of the European market for hotel rooms is still below 15%, representing, we believe, significant runway for the company to grow in that market. Further, the company's penetration in the fast-growing Asian travel market is also quite low, leaving additional room for growth.

From Baron Funds’ third quarter commentary.


Check out Ron Baron latest stock trades

Baron Funds Comments on priceline.com - May 24, 2012

From Baron Funds first quarter letter: priceline.com, Inc. (PCLN) is a leading online travel agency that operates several online sites including Booking.com, priceline.com, RentalCars.com, and Agoda.com. Shares of priceline.com were up 53.4% in the quarter following the release of strong fourth-quarter results. We believe priceline.com is a well-managed company that still has a large global opportunity in online travel. Its penetration of the European market is still well below 10%, giving it an opportunity to significantly expand its booking.com brand. (Ashim Mehra)
Check out Ron Baron latest stock trades

Top Ranked Articles about Priceline.com, Inc.

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Looking for good dividend paying stocks to add to your retirement portfolio? You might want to try trusting analysts’ estimates to aid in your selection process. Read more...
Wedgewood Partners’ David Rolfe Buys Apple Inc., Priceline.com Inc., Monster Beverage Corp  - Wedgewood Partners’ David Rolfe Buys Apple Inc., Priceline.com Inc., Monster Beverage Corp
Wedgewood Partners just reported its fourth quarter portfolio. Under the leadership of the firm’s CIO David Rolfe, the firm has performed well. It finished 2012 with a gain of 22.54%. Over the past 10 years, the firm has averaged 10.5%, almost doubling the gain of S&P 500 in the same period. Read more...
David Rolfe of Wedgewood Partners Comments on Priceline.com
Priceline.com (PCLN) was added to the Fund during the 4th quarter and after a multi-month decline from the stock's all-time high. Priceline.com is an online travel agency made up of a several of online properties such as TravelJigsaw, Agoda and, of course, Priceline.com, but generates the vast majority of its profitability from its internationallyfocused, hotel booking site, Booking.com. We think that Priceline.com has been able to generate superior ROIC, relative to its peer group, because of its rapidly increasing scale in the international hotel industry, which is a highly fragmented market. Rather than face the daunting task of advertising across several different languages, cultural preferences and mediums, over 200,000 of these international hotels have turned to Booking.com to list inventory. Read more...
Baron Funds Comments on Priceline.com Inc.
priceline.com, Inc. (PCLN) is a leading online travel agency that operates several online sites, including booking.com, priceline.com, rentalcars.com and agoda.com. Its shares fell after it reported a weak global outlook for its upcoming quarter, especially in Europe, which accounts for a majority of its cash flow. Despite the near-term macroeconomic headwinds, we remain positive on the company's longer-term outlook. Priceline's penetration of the European market for hotel rooms is still below 15%, representing, we believe, significant runway for the company to grow in that market. Further, the company's penetration in the fast-growing Asian travel market is also quite low, leaving additional room for growth. Read more...
Hedge Fund Legend Julian Robertson Makes Bullish Purchases: CHTR, PCLN, TRIP, BX, Sells Goldman Sachs
Julian Robertson is considered the father of hedge funds. He started his hedge fund Tiger Management in 1980 with $8 million, and built the fund all the way to $22 billion in the late 1990s. But his investing philosophy prevented him from participating the tech bubble. He kept losing money in and dissolved his fund. Mr. Robertson also mentored a group of young hedge fund managers, known as the "Tiger Cubs." A number of them became extremely successful hedge fund managers in their own right, including John Griffin of Blue Ridge Capital, Lee Ainslie of Maverick Capital, Andreas Halvorsen of Viking Global, and Steve Mandel of Lone Pine Capital. They are also included in our List of Gurus. Read more...
Ken Fisher's Top Three New Stock Buys Ken Fisher - Ken Fisher's Top Three New Stock Buys
Ken Fisher founded Fisher Investments, a $38 billion firm, in 1979. In the second quarter, while penning an article titled “Put Them on Mute” and saying “Don’t let the seemingly futile gyrations in Europe keep you out of the market this summer” in his Forbes column, Fisher went on a shopping spree, purchasing 79 new stocks. His biggest new buys are: Priceline.com (PCLN), Las Vegas Sands Corp. (LVS) and American Express (AXP). Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 28.90
PCLN's P/E(ttm) is ranked higher than
51% of the 536 Companies
in the Global Leisure industry.

( Industry Median: 20.10 vs. PCLN: 28.90 )
PCLN' s 10-Year P/E(ttm) Range
Min: 4.41   Max: 200.5
Current: 28.9

4.41
200.5
P/B 10.60
PCLN's P/B is ranked lower than
72% of the 661 Companies
in the Global Leisure industry.

( Industry Median: 1.50 vs. PCLN: 10.60 )
PCLN' s 10-Year P/B Range
Min: 2.09   Max: 238.46
Current: 10.6

2.09
238.46
P/S 7.75
PCLN's P/S is ranked lower than
70% of the 720 Companies
in the Global Leisure industry.

( Industry Median: 1.44 vs. PCLN: 7.75 )
PCLN' s 10-Year P/S Range
Min: 0.17   Max: 19.35
Current: 7.75

0.17
19.35
PFCF 24.70
PCLN's PFCF is ranked higher than
54% of the 490 Companies
in the Global Leisure industry.

( Industry Median: 19.59 vs. PCLN: 24.70 )
PCLN' s 10-Year PFCF Range
Min: 9.05   Max: 129.79
Current: 24.7

9.05
129.79
EV-to-EBIT 20
PCLN's EV-to-EBIT is ranked higher than
55% of the 553 Companies
in the Global Leisure industry.

( Industry Median: 16.58 vs. PCLN: 20 )
PCLN' s 10-Year EV-to-EBIT Range
Min: 8.9   Max: 139090
Current: 20

8.9
139090
PEG 0.5
PCLN's PEG is ranked higher than
84% of the 204 Companies
in the Global Leisure industry.

( Industry Median: 1.48 vs. PCLN: 0.5 )
PCLN' s 10-Year PEG Range
Min: 0.22   Max: 0.69
Current: 0.5

0.22
0.69
Shiller P/E 60
PCLN's Shiller P/E is ranked lower than
100% of the Companies
in the Global Leisure industry.

( Industry Median: vs. PCLN: 60 )
PCLN' s 10-Year Shiller P/E Range
Min: 22.3   Max: 226.83
Current: 60

22.3
226.83

Valuation & Return

vs
industry
vs
history
Price/Net Cash 16.6
PCLN's Price/Net Cash is ranked lower than
57% of the 105 Companies
in the Global Leisure industry.

( Industry Median: 8.90 vs. PCLN: 16.6 )
PCLN' s 10-Year Price/Net Cash Range
Min: 7   Max: 37.6
Current: 16.6

7
37.6
Price/Net Current Asset Value 128.4
PCLN's Price/Net Current Asset Value is ranked lower than
63% of the 417 Companies
in the Global Leisure industry.

( Industry Median: 20.00 vs. PCLN: 128.4 )
PCLN' s 10-Year Price/Net Current Asset Value Range
Min: 31   Max: 153.1
Current: 128.4

31
153.1
Price/Tangible Book 13.1
PCLN's Price/Tangible Book is ranked lower than
73% of the 545 Companies
in the Global Leisure industry.

( Industry Median: 1.70 vs. PCLN: 13.1 )
PCLN' s 10-Year Price/Tangible Book Range
Min: 3   Max: 49.6
Current: 13.1

3
49.6
Price/DCF (Projected) 2.8
PCLN's Price/DCF (Projected) is ranked higher than
52% of the 287 Companies
in the Global Leisure industry.

( Industry Median: 1.40 vs. PCLN: 2.8 )
PCLN' s 10-Year Price/DCF (Projected) Range
Min: 2.2   Max: 5.8
Current: 2.8

2.2
5.8
Price/Median PS Value 4.3
PCLN's Price/Median PS Value is ranked lower than
70% of the 635 Companies
in the Global Leisure industry.

( Industry Median: 1.00 vs. PCLN: 4.3 )
PCLN' s 10-Year Price/Median PS Value Range
Min: 0.1   Max: 3.6
Current: 4.3

0.1
3.6
Price/Peter Lynch Fair Value 1.2
PCLN's Price/Peter Lynch Fair Value is ranked higher than
71% of the 124 Companies
in the Global Leisure industry.

( Industry Median: 1.10 vs. PCLN: 1.2 )
PCLN' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.7   Max: 3.2
Current: 1.2

0.7
3.2
Price/Graham Number 4.3
PCLN's Price/Graham Number is ranked lower than
68% of the 420 Companies
in the Global Leisure industry.

( Industry Median: 1.50 vs. PCLN: 4.3 )
PCLN' s 10-Year Price/Graham Number Range
Min: 3.2   Max: 8.4
Current: 4.3

3.2
8.4
Earnings Yield (Greenblatt) 5.00
PCLN's Earnings Yield (Greenblatt) is ranked higher than
68% of the 786 Companies
in the Global Leisure industry.

( Industry Median: 4.20 vs. PCLN: 5.00 )
PCLN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.5   Max: 11.2
Current: 5

0.5
11.2
Forward Rate of Return (Yacktman) 56.55
PCLN's Forward Rate of Return (Yacktman) is ranked higher than
99% of the 786 Companies
in the Global Leisure industry.

( Industry Median: 0.00 vs. PCLN: 56.55 )
PCLN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -6.4   Max: 72.8
Current: 56.55

-6.4
72.8

Business Description

Priceline.com, Inc. was formed as a Delaware limited liability company in 1997 and was converted into a Delaware corporation in July 1998. It is an online travel company that offers its customers a range of travel services, including hotel rooms, car rentals, airline tickets, vacation packages, cruises and destination services. Internationally, it offers its customers hotel room reservations in over 90 countries and 32 languages. In the United States, it offers its customers a unique choice: the ability to purchase travel services in a traditional, price-disclosed manner or the opportunity to use its unique Name Your Own Price service, which allows its customers to make offers for travel services at discounted prices. The Company launched its business in the United States in 1998 under the priceline.com brand and has since expanded its operations to include, among others, the brands Booking.com worldwide and Agoda in Asia. Its principal goal is to be the worldwide online hotel reservation service. The Company offers customers the ability to make hotel reservations on a worldwide basis primarily under the Booking.com and Agoda brands internationally and primarily under the priceline.com brand in the United States. It offers a retail, price-disclosed hotel service in Europe, Asia and elsewhere through Its international operations, which consist primarily of Booking.com B.V., one of the world's Internet hotel reservation services, with more than twenty offices worldwide, Booking.com Limited, a Cambridge, England-based Internet hotel reservation distributor, and priceline.com Mauritius Company Limited, an Internet hotel distributor with operations primarily in Singapore and Thailand ('Agoda'). The Company competes with both online and traditional sellers of the services it offers. The market for the services it offers is intensely competitive, and current and new competitors can launch new sites at a relatively low cost. The services it provides are subject to various federal, state and local regulations.
Company Website
SEC Reports
Industry: Leisure
Compare:SIX, CCL, RCL, FUN, SWGAY
Traded in other countries:PCE1.Germany

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