B. Riley Issues Pessimistic Estimate for Booking Earnings

Booking Holdings Inc. (NASDAQ:BKNG) – Equities research analysts at B. Riley cut their Q1 2025 earnings per share (EPS) estimates for Booking in a research report issued to clients and investors on Thursday, October 31st. B. Riley analyst N. Khan now forecasts that the business services provider will earn $17.60 per share for the quarter, down from their prior estimate of $18.44. B. Riley currently has a “Buy” rating and a $5,100.00 target price on the stock. The consensus estimate for Booking’s current full-year earnings is $177.79 per share. B. Riley also issued estimates for Booking’s Q2 2025 earnings at $50.26 EPS.

A number of other analysts have also commented on the company. Wedbush raised their price target on Booking from $3,900.00 to $4,750.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Evercore ISI dropped their price target on Booking from $4,500.00 to $4,200.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Morgan Stanley increased their price objective on Booking from $4,200.00 to $4,600.00 and gave the stock an “equal weight” rating in a report on Friday. The Goldman Sachs Group increased their price objective on Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a report on Friday. Twelve equities research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $4,680.18.

Booking Stock Up 1.6 %

Shares of BKNG stock opened at $4,749.11 on Friday. The stock has a fifty day moving average of $4,136.96 and a 200 day moving average of $3,883.88. Booking has a 52 week low of $2,756.39 and a 52 week high of $4,856.60. The firm has a market capitalization of $157.20 billion, a price-to-earnings ratio of 32.23, a PEG ratio of 1.52 and a beta of 1.38.

Booking (NASDAQ:BKNG) last announced its quarterly earnings results on Wednesday, October 30th. The business services provider reported $83.89 EPS for the quarter, topping analysts’ consensus estimates of $77.94 by $5.95. Booking had a negative return on equity of 166.06% and a net margin of 21.85%. The company had revenue of $7.99 billion during the quarter, compared to analyst estimates of $7.63 billion.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Proficio Capital Partners LLC increased its stake in Booking by 1.9% in the first quarter. Proficio Capital Partners LLC now owns 157 shares of the business services provider’s stock worth $570,000 after purchasing an additional 3 shares during the period. Csenge Advisory Group increased its stake in Booking by 4.7% in the first quarter. Csenge Advisory Group now owns 67 shares of the business services provider’s stock worth $243,000 after purchasing an additional 3 shares during the period. Team Hewins LLC increased its stake in Booking by 1.7% in the first quarter. Team Hewins LLC now owns 182 shares of the business services provider’s stock worth $660,000 after purchasing an additional 3 shares during the period. Bleakley Financial Group LLC grew its position in shares of Booking by 0.3% during the 1st quarter. Bleakley Financial Group LLC now owns 869 shares of the business services provider’s stock worth $3,153,000 after buying an additional 3 shares in the last quarter. Finally, Sheaff Brock Investment Advisors LLC grew its position in shares of Booking by 0.8% during the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock worth $1,461,000 after buying an additional 3 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Booking news, insider Paulo Pisano sold 100 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $3,887.61, for a total value of $388,761.00. Following the transaction, the insider now directly owns 3,787 shares of the company’s stock, valued at approximately $14,722,379.07. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.12% of the company’s stock.

Booking Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th will be given a $8.75 dividend. The ex-dividend date is Friday, December 6th. This represents a $35.00 annualized dividend and a yield of 0.74%. Booking’s payout ratio is 23.75%.

About Booking

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.