Wedbush Issues Optimistic Outlook for Booking Earnings

Booking Holdings Inc. (NASDAQ:BKNG - Free Report) - Equities researchers at Wedbush increased their Q2 2025 EPS estimates for Booking in a report issued on Wednesday, April 30th. Wedbush analyst S. Devitt now forecasts that the business services provider will earn $49.94 per share for the quarter, up from their prior estimate of $44.33. Wedbush has a "Outperform" rating and a $5,500.00 price objective on the stock. The consensus estimate for Booking's current full-year earnings is $209.92 per share. Wedbush also issued estimates for Booking's Q3 2025 earnings at $93.16 EPS, Q4 2025 earnings at $43.37 EPS, FY2025 earnings at $210.93 EPS and FY2026 earnings at $246.87 EPS.

Several other equities analysts have also recently weighed in on BKNG. Royal Bank of Canada reaffirmed an "outperform" rating and set a $5,900.00 target price on shares of Booking in a research note on Wednesday, April 30th. StockNews.com raised shares of Booking from a "hold" rating to a "buy" rating in a research report on Wednesday, April 30th. DA Davidson increased their target price on shares of Booking from $5,005.00 to $5,800.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. B. Riley boosted their price target on shares of Booking from $6,000.00 to $6,100.00 and gave the company a "buy" rating in a report on Wednesday, April 30th. Finally, Cantor Fitzgerald cut their price objective on Booking from $5,540.00 to $4,330.00 and set a "neutral" rating for the company in a report on Wednesday, April 16th. Ten analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Booking presently has a consensus rating of "Moderate Buy" and a consensus price target of $5,262.41.

Booking Trading Up 2.0 %

Shares of BKNG stock opened at $5,202.80 on Monday. The company has a market capitalization of $169.82 billion, a price-to-earnings ratio of 30.07, a P/E/G ratio of 1.71 and a beta of 1.37. Booking has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The stock's fifty day simple moving average is $4,652.67 and its 200-day simple moving average is $4,824.98.

Booking (NASDAQ:BKNG - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The business services provider reported $24.81 EPS for the quarter, topping analysts' consensus estimates of $17.57 by $7.24. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The firm had revenue of $4.76 billion during the quarter, compared to analyst estimates of $4.58 billion. During the same quarter last year, the business posted $20.39 EPS. The company's revenue was up 7.9% on a year-over-year basis.

Institutional Investors Weigh In On Booking

Several hedge funds and other institutional investors have recently modified their holdings of BKNG. GAMMA Investing LLC boosted its holdings in Booking by 521,609.7% in the 1st quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider's stock valued at $10,887,718,000 after purchasing an additional 2,362,892 shares during the period. Proficio Capital Partners LLC lifted its position in shares of Booking by 621,874.8% in the 4th quarter. Proficio Capital Partners LLC now owns 864,545 shares of the business services provider's stock worth $4,295,423,000 after acquiring an additional 864,406 shares during the period. Geode Capital Management LLC lifted its position in Booking by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 803,125 shares of the business services provider's stock worth $3,986,244,000 after purchasing an additional 6,009 shares during the period. Norges Bank acquired a new stake in Booking during the fourth quarter worth $1,958,352,000. Finally, Northern Trust Corp increased its holdings in Booking by 18.8% in the 4th quarter. Northern Trust Corp now owns 368,628 shares of the business services provider's stock valued at $1,831,499,000 after buying an additional 58,357 shares during the period. Institutional investors and hedge funds own 92.42% of the company's stock.

Booking Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 7th were issued a dividend of $9.60 per share. The ex-dividend date of this dividend was Friday, March 7th. This is a positive change from Booking's previous quarterly dividend of $8.75. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.74%. Booking's payout ratio is 23.89%.

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.

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