FY2025 EPS Estimates for Booking Boosted by Seaport Res Ptn

Key Points

• Seaport Res Ptn has raised its FY2025 earnings estimate for Booking Holdings Inc. to $216.65 per share, reflecting an increase from its previous forecast of $214.03.
• Booking reported Q2 earnings of $55.40 per share, surpassing the consensus estimate by $5.08, alongside a revenue of $6.80 billion which was also above expectations.
• The company recently declared a quarterly dividend of $9.60, with a yield of 0.68%, indicating a 23.89% dividend payout ratio.

Booking Holdings Inc. (NASDAQ:BKNG - Free Report) - Stock analysts at Seaport Res Ptn boosted their FY2025 EPS estimates for shares of Booking in a note issued to investors on Tuesday, July 29th. Seaport Res Ptn analyst A. Kessler now expects that the business services provider will earn $216.65 per share for the year, up from their prior forecast of $214.03. The consensus estimate for Booking's current full-year earnings is $209.92 per share. Seaport Res Ptn also issued estimates for Booking's Q4 2025 earnings at $44.83 EPS and FY2026 earnings at $246.16 EPS.

Booking (NASDAQ:BKNG - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating the consensus estimate of $50.32 by $5.08. Booking had a negative return on equity of 134.19% and a net margin of 19.23%. The firm had revenue of $6.80 billion during the quarter, compared to analysts' expectations of $6.54 billion. During the same period in the prior year, the firm posted $41.90 earnings per share. The business's quarterly revenue was up 16.0% compared to the same quarter last year.

A number of other brokerages have also recently commented on BKNG. BMO Capital Markets reiterated an "outperform" rating and issued a $6,000.00 price target (up previously from $5,700.00) on shares of Booking in a research note on Wednesday. Hsbc Global Res raised Booking to a "strong-buy" rating in a research report on Thursday, July 17th. JPMorgan Chase & Co. raised their price objective on Booking from $5,360.00 to $6,000.00 and gave the company an "overweight" rating in a research report on Wednesday, June 4th. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Booking in a research report on Wednesday. Finally, Robert W. Baird raised their price target on Booking from $5,550.00 to $5,700.00 and gave the company an "outperform" rating in a report on Wednesday, April 30th. Eleven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, Booking has an average rating of "Moderate Buy" and a consensus price target of $5,781.04.

Booking Stock Down 2.1%

Shares of NASDAQ BKNG traded down $117.77 during trading hours on Thursday, hitting $5,386.29. The company had a trading volume of 199,536 shares, compared to its average volume of 184,546. The stock has a market capitalization of $174.57 billion, a P/E ratio of 26.19, a price-to-earnings-growth ratio of 1.56 and a beta of 1.41. Booking has a 1-year low of $3,180.00 and a 1-year high of $5,839.41. The firm's 50 day moving average is $5,568.80 and its 200-day moving average is $5,074.51.

Booking Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th will be issued a dividend of $9.60 per share. The ex-dividend date is Friday, September 5th. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. Booking's dividend payout ratio is 26.71%.

Insider Activity

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the company's stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $5,695.00, for a total value of $5,769,035.00. Following the completion of the transaction, the chief executive officer owned 26,633 shares of the company's stock, valued at $151,674,935. This represents a 3.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold 3,039 shares of company stock worth $16,963,769 in the last three months. 0.16% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Covestor Ltd increased its stake in shares of Booking by 6.9% in the fourth quarter. Covestor Ltd now owns 31 shares of the business services provider's stock valued at $158,000 after buying an additional 2 shares during the period. SageView Advisory Group LLC increased its position in Booking by 1.6% during 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 period. Belpointe Asset Management LLC increased its position in Booking by 2.2% during the 4th 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. Elequin Capital LP increased its position in Booking by 20.0% during the 4th quarter. Elequin Capital LP now owns 12 shares of the business services provider's stock valued at $60,000 after purchasing an additional 2 shares during the period. Finally, Fidelis Capital Partners LLC increased its position in Booking by 1.2% during the 1st quarter. Fidelis Capital Partners LLC now owns 167 shares of the business services provider's stock valued at $809,000 after purchasing an additional 2 shares during the period. Institutional investors and hedge funds own 92.42% of the company's stock.

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.