Q1 Earnings Estimate for Booking Issued By DA Davidson

Booking Holdings Inc. (NASDAQ:BKNG) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Booking in a research report issued to clients and investors on Monday, February 24th. DA Davidson analyst T. White forecasts that the business services provider will post earnings per share of $17.89 for the quarter. DA Davidson currently has a “Buy” rating and a $5,800.00 target price on the stock. The consensus estimate for Booking’s current full-year earnings is $209.92 per share. DA Davidson also issued estimates for Booking’s FY2025 earnings at $209.20 EPS and FY2026 earnings at $244.52 EPS.

Booking (NASDAQ:BKNG) last posted its earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share for the quarter, topping the consensus estimate of $35.82 by $5.73. The firm had revenue of $5.47 billion during the quarter, compared to analysts’ expectations of $5.18 billion. Booking had a negative return on equity of 159.34% and a net margin of 24.78%.

Other research analysts have also issued research reports about the company. Susquehanna lifted their price target on Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a research report on Friday, November 1st. Royal Bank of Canada upped their price objective on Booking from $5,250.00 to $5,900.00 and gave the stock an “outperform” rating in a report on Friday, February 21st. Oppenheimer boosted their target price on Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. JPMorgan Chase & Co. boosted their target price on Booking from $5,575.00 to $5,750.00 and gave the stock an “overweight” rating in a research report on Friday, February 21st. Finally, Wedbush upped their price objective on Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research report on Monday, January 6th. Ten equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $5,370.43.

Booking Stock Down 0.3 %

BKNG stock opened at $5,033.83 on Tuesday. The stock has a market cap of $165.16 billion, a price-to-earnings ratio of 29.09, a PEG ratio of 1.71 and a beta of 1.39. Booking has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The business has a 50 day moving average price of $4,898.86 and a 200 day moving average price of $4,591.58.

Booking Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 7th will be paid a $9.60 dividend. The ex-dividend date is Friday, March 7th. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.76%. This is a positive change from Booking’s previous quarterly dividend of $8.75. Booking’s dividend payout ratio (DPR) is 20.23%.

Institutional Investors Weigh In On Booking

Large investors have recently modified their holdings of the stock. Garner Asset Management Corp boosted its holdings in Booking by 0.8% in the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock valued at $1,087,000 after purchasing an additional 2 shares during the last quarter. Optimist Retirement Group LLC lifted its holdings in shares of Booking by 2.2% in the 3rd quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock worth $383,000 after purchasing an additional 2 shares during the last quarter. Covestor Ltd lifted its holdings in shares of Booking by 6.9% in 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 last quarter. SageView Advisory Group LLC increased its position 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 acquiring an additional 2 shares during the period. Finally, Belpointe Asset Management LLC increased its position in Booking by 2.2% in the 4th quarter. Belpointe Asset Management LLC now owns 95 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 2 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

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.