Wedbush Estimates Booking's FY2025 Earnings (NASDAQ:BKNG)

Key Points

• Wedbush increased its FY2025 earnings per share (EPS) estimate for Booking Holdings Inc. to $223.10, up from $222.59, maintaining a "Neutral" rating on the stock with a price target of $5,900.
• The company's last quarterly earnings revealed an EPS of $55.40, exceeding analyst expectations, and it reported a revenue increase of 16% year-over-year.
• Booking recently declared a quarterly dividend of $9.60, representing an annual yield of **0.7%** and a payout ratio of 26.71%.

Booking Holdings Inc. (NASDAQ:BKNG - Free Report) - Stock analysts at Wedbush lifted their FY2025 earnings per share (EPS) estimates for shares of Booking in a research note issued to investors on Wednesday, October 22nd. Wedbush analyst S. Devitt now expects that the business services provider will post earnings per share of $223.10 for the year, up from their prior estimate of $222.59. Wedbush has a "Neutral" rating and a $5,900.00 price objective on the stock. The consensus estimate for Booking's current full-year earnings is $209.92 per share.

Booking (NASDAQ:BKNG - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating analysts' consensus estimates of $50.32 by $5.08. The firm had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The business's quarterly revenue was up 16.0% compared to the same quarter last year. During the same period last year, the company earned $41.90 EPS. Booking has set its Q3 2025 guidance at EPS.

A number of other brokerages have also recently commented on BKNG. Citigroup lifted their price objective on Booking from $5,560.00 to $6,500.00 and gave the stock a "buy" rating in a research note on Wednesday, July 30th. Royal Bank Of Canada lifted their price objective on Booking from $5,900.00 to $6,100.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 30th. B. Riley reaffirmed a "buy" rating and set a $6,700.00 price objective (up from $6,100.00) on shares of Booking in a research note on Wednesday, July 30th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Booking in a research note on Tuesday, October 14th. Finally, UBS Group lifted their target price on Booking from $5,750.00 to $6,300.00 and gave the stock a "buy" rating in a report on Monday, July 28th. Four equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $5,994.00.

Booking Stock Down 1.0%

Shares of Booking stock opened at $5,230.59 on Thursday. Booking has a 12 month low of $4,096.23 and a 12 month high of $5,839.41. The business has a fifty day simple moving average of $5,446.77 and a 200 day simple moving average of $5,347.81. The stock has a market cap of $169.52 billion, a PE ratio of 36.38, a price-to-earnings-growth ratio of 1.64 and a beta of 1.35.

Booking Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th were given a $9.60 dividend. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. Booking's dividend payout ratio (DPR) is 26.71%.

Insider Transactions at Booking

In other news, CEO Glenn D. Fogel sold 1,013 shares of the firm's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the completion of the sale, the chief executive officer directly owned 23,607 shares in the company, valued at $130,237,930.44. This trade represents a 4.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Vanessa Ames Wittman sold 15 shares of the firm's stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $5,291.98, for a total value of $79,379.70. Following the completion of the sale, the director owned 732 shares of the company's stock, valued at approximately $3,873,729.36. This represents a 2.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,197 shares of company stock valued at $17,260,963. Corporate insiders own 0.16% of the company's stock.

Institutional Trading of Booking

Several large investors have recently made changes to their positions in the company. Fidelis Capital Partners LLC lifted its position in shares of Booking by 1.2% during the 1st quarter. Fidelis Capital Partners LLC now owns 167 shares of the business services provider's stock worth $809,000 after buying an additional 2 shares in the last quarter. WNY Asset Management LLC lifted its position in shares of Booking by 3.7% during the 1st quarter. WNY Asset Management LLC now owns 56 shares of the business services provider's stock worth $258,000 after buying an additional 2 shares in the last quarter. Gries Financial LLC raised its holdings in shares of Booking by 1.6% in the 1st quarter. Gries Financial LLC now owns 125 shares of the business services provider's stock worth $576,000 after purchasing an additional 2 shares during the period. Sheaff Brock Investment Advisors LLC raised its holdings in shares of Booking by 0.5% in the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider's stock worth $1,854,000 after purchasing an additional 2 shares during the period. Finally, Nicolet Advisory Services LLC raised its holdings in shares of Booking by 0.8% in the 1st quarter. Nicolet Advisory Services LLC now owns 238 shares of the business services provider's stock worth $1,070,000 after purchasing an additional 2 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

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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