Kayak Software

  • Lower Guidance Doesn't Mean Sell

    By Austin Higgins - May 16, 2013 | Tickers: EXPE, KYAK, PCLN

    Priceline.com (NASDAQ: PCLN) recently posted strong earnings growth on May 9. It also lowered its guidance for the second quarter in the few weeks before it acquires a small competitor. With these changes coming in the next few months, this is what investors need to know. 

    Earnings report

    Total earnings per share was $5.97 for the first quarter of this year. This beat Wall Street estimates by over more »

  • Online Travel Services Are Becoming More Popular; Here's How to Play It

    By Matthew Frankel - May 3, 2013 | Tickers: EXPE, KYAK, PCLN

    Priceline.com Inc (NASDAQ: PCLN) is a leader in online travel service, and is very well-known in the U.S. for its “name your own price” feature.  What most American investors don’t realize is that Priceline makes most of its money abroad, particularly in Europe.  In fact, in 2012 only 8% of the company’s operating income came from the United States.  With the stock almost $90 below its more »

  • 3 Stock Picks From OTA Industry You Should Not Miss!!

    By Madhukar Dubey - April 8, 2013 | Tickers: AXP, EXPE, KYAK, OWW, PCLN

    According to a recent study by comScore, last year the U.S. online-travel has become a $100 billion industry. In 2012, the online travel spending increased by about 9% and reached approximately $103 billion with two-third spending dedicated to air travel. Expedia Inc. (NASDAQ: EXPE) was the top OTA performer followed by priceline.com Incorporated (NASDAQ: PCLN) and Orbitz Worldwide Inc. (NYSE: OWW). Below is a chart of their more »

  • 2 To Buy, 1 To Avoid in Internet Travel

    By Ash Anderson - March 25, 2013 | Tickers: EXPE, KYAK, TZOO

    Everyone travels once in a while. Some people book their flights directly with airlines like Southwest; others use the variety of travel sites that are at their disposal to find the perfect package. Here’s my collection of two travel sites to buy, and one to avoid.

    Travelzoo (NASDAQ: TZOO)

    Travelzoo is the smallest of the three travel companies that we will be looking over in this article, but I more »

  • Which Online Travel Company Has Upside?

    By Damon Churchwell - February 21, 2013 | Tickers: EXPE, KYAK, PCLN, TZOO, TRIP

    Web-based airfare and hotel reservation and information specialists, a sector launched and previously dominated by Priceline.com (NASDAQ: PCLN), continues to expand. A quick look into some of the key participants in that market reveals improving metrics, such as subscribership and advertising revenues. They are high margined for the most part and growing. Take caution, though, and consider the volatility of these stocks when making selections. With numerous upstart companies more »

  • This Travel Service Provider Is The Best, Hands Down

    By Matthew Frankel - February 12, 2013 | Tickers: EXPE, KYAK, OWW, PCLN

    There is no question that Priceline.com (NASDAQ: PCLN) is a success story.  Offering hotel reservations in 99 countries in 41 different languages, plus flights, rental cars, cruises, and entire vacation packages, Priceline has done incredibly well.  As a result, its shareholders have prospered.  I wonder if any of my readers remember the news stories after the .com crash of the early 2000’s in which William Shatner expressed his more »

  • Hedge Funds Are Buying These Stocks

    By Meena Krishnamsetty - January 11, 2013 | Tickers: DNDN, ES.DL, ENS, HLF, KYAK

    13D and 13G filings from hedge funds reveal large positions taken by hedge funds (or significant changes in these positions) fairly recently after the fund has made its move, and so can serve as up-to-date recommendations from fund managers. Investors shouldn’t be buying each and every stock that any fund happens to buy, so it’s useful to take a brief look at companies seeing hedge fund buying and more »

  • Cliff Asness Has Been Buying up This Internet Stock

    By Meena Krishnamsetty - January 8, 2013 | Tickers: CTRP, EXPE, KYAK, TRIP

    A 13G filed with the SEC has disclosed that AQR Capital Management, a hedge fund managed by Cliff Asness, owns about 590,000 shares of Kayak (NASDAQ: KYAK). This gives it nearly 13% of the total shares outstanding. Our analysis of AQR’s 13F filing for the third quarter of 2012 shows that it did not own any shares at the end of September (see Cliff Asness's stock picks more »

  • Priceline is Becoming a Tiger Hotel

    By Meena Krishnamsetty - November 24, 2012 | Tickers: CTRP, EXPE, KYAK, PCLN, TRIP

    The four largest positions in Priceline.com (NASDAQ: PCLN) in our database of 13F filings for the third quarter of 2012 all belonged to “Tiger Cub” hedge funds. These funds are so called because one or more of their managers had previously worked at Julian Robertson’s Tiger Management. Robertson is not only a legendary investor and a billionaire, but is specially noted for being able to instill the tools more »

  • The Ball is Now in Tripadvisor's Court

    By Cristina Tanase - November 20, 2012 | Tickers: GOOG, KYAK, PCLN, TRIP

    The travel industry is giving Tripadvisor (NASDAQ: TRIP) good reasons to put its logo owl eyes to test. Latest movements in the sector include Google's (NASDAQ: GOOG) acquisition of travel content producer Frommer and Priceline.com's (NASDAQ: PCLN) integration of Kayak (NASDAQ: KYAK), which point to a new pattern in which being the best company at being socially engagingand digitally ubiquitous is becoming ever more precious 

    The question more »

  • Ready for Takeoff: Betting on the Online Travel Revolution

    By Andrés Cardenal - November 19, 2012 | Tickers: EXPE, GOOG, KYAK, OWW, PCLN

    The web has changed the way we search for information and make travel reservations of all kinds: hotels, rentals and flights for example. Online reservations are easier and faster for travelers, and pricing – a huge factor - is also more efficient, so there are solid reasons to expect the online reservations business to continue gaining share versus the traditional methods over the next years. Priceline (NASDAQ: PCLN) is one of the more »

  • Buying Priceline's Buy

    By Adam Levy - November 12, 2012 | Tickers: GOOG, KYAK, MSFT, PCLN

    Priceline.com (NASDAQ: PCLN) announced plans on Thursday to purchase traffic search engine Kayak (NASDAQ: KYAK) for $1.8 billion. The purchase is Priceline’s most expensive by far, and represents a 29% premium from where Kayak traded on Thursday.

    After the announcement reviews and outlooks are mixed. I believe the acquisition will improve both companies, and investors should look to buy shares of Priceline. Let’s take a look more »

  • Priceline’s Acquisition of Kayak: What Does It Mean For Other Players in the Online Travel Space?

    By Shas Dey - November 12, 2012 | Tickers: EXPE, KYAK, OWW, PCLN, TRIP

    Priceline's (NASDAQ: PCLN) $1.8 billion acquisition of Kayak (NASDAQ: KYAK) is probably the biggest event to happen in the Online Travel Agents (OTA) industry since the invention of the ITA software. With this acquisition, Priceline, the largest OTA, has tried to create a net of redundancy around its market share in the industry. To understand how this affects the whole industry, we will first take a look at more »

  • An Identity Crisis or Buying Opportunity?

    By Gerelyn Terzo - November 10, 2012 | Tickers: KYAK, PCLN, Z

    The last thing that the global economy needs is another housing bubble similar to the one that sent the U.S. market adrift. Nonetheless, according to a recent Goldman Sachs report cited on CNBC, there could be such bubbles forming in certain economies of the world, including Canada and Australia. The report suggests that an easing in monetary policy protected certain countries from buckling during the recession all the while more »

  • Is Priceline A Buy After Earnings?

    By Meena Krishnamsetty - November 6, 2012 | Tickers: CTRP, EXPE, KYAK, PCLN, TRIP

    Priceline.com (NASDAQ: PCLN) soared nearly 9% on Friday as the travel bookings website reported a very strong third quarter that beat analyst expectations. Bookings were 25% higher than in the third quarter of 2011 even after a negative currency impact, and revenue was up 17%. Net income was 27% higher. Priceline had been seeing strong growth prior to this quarterly report; for example, both revenue and earnings had been more »

  • Is Expedia a Buy After Earnings?

    By Meena Krishnamsetty - October 29, 2012 | Tickers: CTRP, EXPE, KYAK, PCLN, TRIP

    Expedia (NASDAQ: EXPE) popped 15% on Oct. 26 after smoking analyst expectations for revenue and for earnings per share in the third quarter of the year. While earnings were down 18% from the third quarter of 2011, this was entirely due to Expedia’s spin-out of Tripadvisor (NASDAQ: TRIP) late last year, as income from continuing operations was about flat. This did reflect lower margins, as revenue was up 17 more »

  • New Peaks for Vail Resorts

    By Gerelyn Terzo - October 18, 2012 | Tickers: EXPE, KYAK, MTN

    Broomfield, Colorado-based Vail Resorts (NYSE: MTN) is preparing to take on a new mountain peak in the Victorian city of Breckinridge, CO. Vail has been wrangling a bit with residents as well as the U.S. Forest Service for seven years to gain access to Breckinridge's Peak number six, which would bolster its resort acreage in the town by more than 20 acres.

    Despite the amount of commerce and more »

  • Is This Online Travel Company a Good Investment?

    By Meena Krishnamsetty - October 14, 2012 | Tickers: EXPE, KYAK, OWW, PCLN, TRIP

    TripAdvisor (NASDAQ: TRIP) saw Luxor Capital Group increase its 2Q stake in the online travel company by over 100%, from 3 million shares at the end of June to 6.5 million shares, per a 13G filing at the end of September. Christian Leone founded Luxor Capital, a New York-based hedge fund, in 2002. Prior to purchase of the new shares, TripAdvisor already made up over 6% of Luxor’s more »

  • 4 Travel Stocks Held by the Hedge Fund Industry

    By Meena Krishnamsetty - October 5, 2012 | Tickers: EXPE, KYAK, OWW, PCLN, TRIP

    Paul Reeder and Edward Shapiro of Par Capital Management had over 25% of their firm’s second quarter 13F invested in the online travel booking industry. Par Capital is a Boston-based private investment partnership that focuses mainly on travel and online media industries, and manages over $2.5 billion in assets.

    Priceline.com Inc (NASDAQ: PCLN) was Par Capital’s top 2Q 13F holding, although the firm did downsize its more »

  • Should Investors Buy this Deal Site?

    By Meena Krishnamsetty - September 19, 2012 | Tickers: AMZN, EBAY, GRPN, KYAK, TRIP

    Groupon (NASDAQ: GRPN), the widely popular daily deals site, has seen its stock lose over 70% in value from its November 2011 IPO price of $20. During the second quarter, Groupon began a steady decline amidst concerns over user growth and monetization. Over this same time, however, Bill Miller with Legg Mason Capital Management and Steven Cohen of SAC Capital almost doubled their positions in the company, while Jim Simons more »

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