FY2025 Earnings Forecast for Booking Issued By DA Davidson

Booking Holdings Inc. (NASDAQ:BKNG - Free Report) - DA Davidson increased their FY2025 earnings per share estimates for shares of Booking in a note issued to investors on Thursday, May 1st. DA Davidson analyst T. White now anticipates that the business services provider will earn $211.93 per share for the year, up from their prior estimate of $209.20. DA Davidson has a "Buy" rating and a $5,800.00 price target 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 FY2026 earnings at $242.57 EPS.

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

Several other equities research analysts have also recently issued reports on the company. Citigroup raised their price objective on Booking from $5,500.00 to $5,800.00 and gave the stock a "buy" rating in a report on Friday, February 21st. B. Riley lifted their price target on Booking from $6,000.00 to $6,100.00 and gave the company a "buy" rating in a report on Wednesday, April 30th. Wedbush upped their price objective on shares of Booking from $5,000.00 to $5,500.00 and gave the company an "outperform" rating in a research note on Monday, January 6th. Cantor Fitzgerald decreased their target price on shares of Booking from $5,540.00 to $4,330.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 16th. Finally, StockNews.com raised shares of Booking from a "hold" rating to a "buy" rating in a research report on Wednesday, April 30th. Ten research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $5,262.41.

Booking Stock Performance

NASDAQ BKNG traded down $11.68 during mid-day trading on Friday, reaching $5,191.12. 192,512 shares of the stock were exchanged, compared to its average volume of 250,588. The stock has a market capitalization of $169.44 billion, a PE ratio of 30.00, a PEG 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 business's fifty day simple moving average is $4,652.67 and its 200 day simple moving average is $4,824.98.

Booking Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were paid a dividend of $9.60 per share. This represents a $38.40 dividend on an annualized basis and a yield of 0.74%. 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. Booking's dividend payout ratio (DPR) is 23.89%.

Institutional Investors Weigh In On Booking

Several institutional investors and hedge funds have recently made changes to their positions in the company. Gries Financial LLC raised its holdings in shares of Booking by 1.6% during the first quarter. Gries Financial LLC now owns 125 shares of the business services provider's stock valued at $576,000 after buying an additional 2 shares during the last quarter. Crestwood Advisors Group LLC grew its holdings in shares of Booking by 0.8% during the 1st quarter. Crestwood Advisors Group LLC now owns 20,037 shares of the business services provider's stock valued at $92,309,000 after acquiring an additional 164 shares in the last quarter. OneAscent Wealth Management LLC grew its position in Booking by 20.0% in the first quarter. OneAscent Wealth Management LLC now owns 78 shares of the business services provider's stock worth $359,000 after acquiring an additional 13 shares in the last quarter. Edgemoor Investment Advisors Inc. increased its position in Booking by 4.6% during the first quarter. Edgemoor Investment Advisors Inc. now owns 1,047 shares of the business services provider's stock worth $4,823,000 after buying an additional 46 shares during the last quarter. Finally, Los Angeles Capital Management LLC increased its holdings in shares of Booking by 35.1% during the 1st quarter. Los Angeles Capital Management LLC now owns 46,014 shares of the business services provider's stock valued at $211,982,000 after acquiring an additional 11,966 shares during the last quarter. 92.42% of the stock is 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.