Last $7.46 USD
Change Today -0.12 / -1.58%
Volume 258.4K
OWW On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 1:16 PM 04/24/14 All times are local (Market data is delayed by at least 15 minutes).

orbitz worldwide inc (OWW) Snapshot

Open
$7.61
Previous Close
$7.58
Day High
$7.62
Day Low
$7.31
52 Week High
08/8/13 - $13.26
52 Week Low
05/2/13 - $5.86
Market Cap
812.5M
Average Volume 10 Days
459.6K
EPS TTM
$1.67
Shares Outstanding
109.1M
EX-Date
--
P/E TM
4.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for ORBITZ WORLDWIDE INC (OWW)

orbitz worldwide inc (OWW) Details

Orbitz Worldwide, Inc. operates as an online travel company worldwide. It enables leisure and business travelers to research, plan, and book a range of travel products and services. The company offers various products and services comprising air travel, hotels, vacation packages, car rentals, cruises, rail tickets, and travel insurance, as well as destination services, such as ground transportation, event tickets, and tours. Its brand portfolio includes Orbitz and CheapTickets in the United States; ebookers in Europe; and HotelClub and RatesToGo internationally. Orbitz Worldwide, Inc. also licenses its technology and business services to third parties; and provides various private label travel solutions to a range of partners. The company was founded in 2000 and is headquartered in Chicago, Illinois.

1,300 Employees
Last Reported Date: 03/6/14
Founded in 2000

orbitz worldwide inc (OWW) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $825.0K
Chief Operating Officer and President of Orbi...
Total Annual Compensation: $388.1K
Chief Technology Officer and Senior Vice Pres...
Total Annual Compensation: $308.5K
Group Vice President of Financial Planning & ...
Total Annual Compensation: $270.4K
Compensation as of Fiscal Year 2012.

orbitz worldwide inc (OWW) Key Developments

Orbitz Worldwide, Inc. Refinances Term Loans and Upsizes Revolving Credit Facility

Orbitz Worldwide, Inc. announced that it has successfully completed the refinancing of its $440 million outstanding senior secured term loans with a new $450 million term loan maturing April 2021. Proceeds of the refinancing were used to repay the $93 million Tranche B term loan maturing September 2017 and the $348 million Tranche C term loan maturing March 2019. The $450 million term loan accrues interest at LIBOR, subject to a floor of 1.0%, plus 3.5%. The previous term loans carried a weighted average interest rate of LIBOR, subject to the same floor, plus 4.49% at March 31, 2014. The refinancing reduces the weighted average interest rate of the company's senior secured debt as of March 31, 2014 by approximately one percentage point and extends the weighted average life to maturity by more than two years. The company also achieved more flexible financial covenants and improved other terms in the amended credit agreement. Additionally, the company secured an $80 million revolving credit facility that matures in April 2019, replacing its $65 million revolving credit facility which was to mature in March 2017. The revolving credit facility will be used for letters of credit and general corporate purposes.

Orbitz Worldwide Announces Board Chnages

Orbitz Worldwide announced that its board of directors has appointed Scott Forbes as non-executive chairman, effective immediately. He replaces Jeff Clarke, who has resigned from the board after seven years as chairman following his recent appointment as chief executive officer of Eastman Kodak Company. Orbitz Worldwide also announced that its board of directors has elected Gavin Baiera to the board to fill the seat vacated by Jeff.

Orbitz Worldwide, Inc. Presents at Morgan Stanley Technology, Media and Telecom Conference, Mar-06-2014 08:45 AM

Orbitz Worldwide, Inc. Presents at Morgan Stanley Technology, Media and Telecom Conference, Mar-06-2014 08:45 AM. Venue: The Palace Hotel, 2 New Montgomery Street, San Francisco, CA 94105, United States. Speakers: Barney Harford, Chief Executive Officer, President and Director.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
OWW:US $7.46 USD -0.12

OWW Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Ctrip.com International Ltd $48.63 USD -1.59
eLong Inc $16.40 USD +0.31
MakeMyTrip Ltd $21.75 USD -0.71
Travelzoo Inc $17.91 USD +0.43
TripAdvisor Inc $82.96 USD -0.32
View Industry Companies
 

Industry Analysis

OWW

Industry Average

Valuation OWW Industry Range
Price/Earnings 5.2x
Price/Sales 1.0x
Price/Book 19.7x
Price/Cash Flow 3.8x
TEV/Sales 0.3x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ORBITZ WORLDWIDE INC, please visit www.orbitz.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.