Brokers Issue Forecasts for Booking FY2025 Earnings

Booking Holdings Inc. (NASDAQ:BKNG) – Investment analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for Booking in a report issued on Tuesday, January 21st. Cantor Fitzgerald analyst D. Mathivanan anticipates that the business services provider will post earnings of $206.75 per share for the year. Cantor Fitzgerald has a “Neutral” rating and a $3,590.00 price target on the stock. The consensus estimate for Booking’s current full-year earnings is $181.73 per share.

Several other analysts have also commented on the stock. Morgan Stanley raised their price objective on shares of Booking from $4,600.00 to $5,000.00 and gave the stock an “equal weight” rating in a report on Monday, January 13th. Deutsche Bank Aktiengesellschaft raised their target price on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Piper Sandler upped their price target on Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Barclays lifted their price target on shares of Booking from $4,500.00 to $5,100.00 and gave the company an “overweight” rating in a research report on Thursday, October 31st. Finally, Argus downgraded Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Ten analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Booking presently has a consensus rating of “Moderate Buy” and an average price target of $4,997.64.

Booking Trading Down 1.4 %

NASDAQ:BKNG opened at $4,619.21 on Wednesday. The company has a 50-day moving average price of $5,042.68 and a 200-day moving average price of $4,396.71. The stock has a market cap of $152.90 billion, a price-to-earnings ratio of 31.34, a P/E/G ratio of 1.67 and a beta of 1.41. Booking has a 12 month low of $3,180.00 and a 12 month high of $5,337.24.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were paid a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date was Friday, December 6th. Booking’s payout ratio is 23.75%.

Hedge Funds Weigh In On Booking

A number of hedge funds have recently modified their holdings of the company. Garner Asset Management Corp raised its stake in Booking by 0.8% during the 3rd 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 period. Optimist Retirement Group LLC increased 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 worth $383,000 after purchasing an additional 2 shares during the last quarter. Quent Capital LLC raised its position in shares of Booking by 2.7% during the 3rd quarter. Quent Capital LLC now owns 113 shares of the business services provider’s stock valued at $477,000 after buying an additional 3 shares in the last quarter. Hexagon Capital Partners LLC lifted its holdings in shares of Booking by 23.1% in the 3rd quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock valued at $67,000 after acquiring an additional 3 shares during the last quarter. Finally, Valeo Financial Advisors LLC raised its position in Booking by 1.0% during the third quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider’s stock valued at $1,229,000 after purchasing an additional 3 shares during the period. 92.42% of the stock is currently owned by institutional investors.

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.