Booking Holdings Inc. (NASDAQ:BKNG – Free Report) – Equities researchers at B. Riley lowered their Q1 2025 EPS estimates for Booking in a research note issued to investors on Monday, April 7th. B. Riley analyst N. Khan now forecasts that the business services provider will post earnings per share of $10.49 for the quarter, down from their previous estimate of $13.21. B. Riley currently has a “Buy” rating and a $6,000.00 target price on the stock. The consensus estimate for Booking’s current full-year earnings is $209.92 per share. B. Riley also issued estimates for Booking’s Q2 2025 earnings at $42.96 EPS, Q3 2025 earnings at $86.75 EPS, Q4 2025 earnings at $39.79 EPS, FY2025 earnings at $179.28 EPS, FY2026 earnings at $225.87 EPS, FY2027 earnings at $286.29 EPS, FY2028 earnings at $354.27 EPS and FY2029 earnings at $434.62 EPS.
BKNG has been the subject of several other research reports. Cfra upgraded shares of Booking from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Benchmark lifted their price objective on shares of Booking from $5,000.00 to $5,900.00 and gave the company a “buy” rating in a research note on Friday, February 21st. JMP Securities reaffirmed a “market outperform” rating and set a $5,400.00 target price on shares of Booking in a report on Wednesday, December 11th. Morgan Stanley lifted their price target on Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. Finally, Royal Bank of Canada upped their target price on shares of Booking from $5,250.00 to $5,900.00 and gave the stock an “outperform” rating in a research report on Friday, February 21st. Ten investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Booking currently has an average rating of “Moderate Buy” and a consensus price target of $5,320.38.
Booking Stock Performance
BKNG stock opened at $4,164.15 on Wednesday. The stock’s 50 day simple moving average is $4,726.94 and its 200 day simple moving average is $4,758.36. Booking has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The company has a market cap of $136.65 billion, a P/E ratio of 24.06, a price-to-earnings-growth ratio of 1.71 and a beta of 1.37.
Booking (NASDAQ:BKNG – Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $35.82 by $5.73. The company had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.18 billion. Booking had a negative return on equity of 159.34% and a net margin of 24.78%.
Institutional Investors Weigh In On Booking
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Optimist Retirement Group LLC lifted its position in Booking by 2.2% in the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock valued at $383,000 after buying an additional 2 shares during the last quarter. Covestor Ltd boosted its position in shares of Booking by 6.9% during the 4th quarter. Covestor Ltd now owns 31 shares of the business services provider’s stock worth $158,000 after purchasing an additional 2 shares during the period. SageView Advisory Group LLC increased its holdings in Booking by 1.6% in the 4th quarter. SageView Advisory Group LLC now owns 124 shares of the business services provider’s stock valued at $616,000 after purchasing an additional 2 shares during the last quarter. Belpointe Asset Management LLC raised its position in Booking by 2.2% in the fourth quarter. Belpointe Asset Management LLC now owns 95 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 2 shares during the period. Finally, Elequin Capital LP lifted its stake in Booking by 20.0% during the fourth quarter. Elequin Capital LP now owns 12 shares of the business services provider’s stock worth $60,000 after purchasing an additional 2 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.
Booking Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were issued a $9.60 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $38.40 dividend on an annualized basis and a yield of 0.92%. This is a positive change from Booking’s previous quarterly dividend of $8.75. Booking’s dividend payout ratio (DPR) is presently 22.19%.
Booking Company Profile
Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.
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