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. Its other brands include KAYAK, Rentalcars.com and OpenTable, Inc. (OpenTable). As of December 31, 2016, Booking.com offered accommodation reservation services for over 1,115,000 properties in over 220 countries and territories on its various Websites and in over 40 languages, which included over 568,000 vacation rental properties (updated property counts were available on the Booking.com Website).
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Business services, not elsewhere classified
Sub-IndustryInternet Retail
SectorRetail/Wholesale
SymbolNASDAQ:BKNG
CUSIP74150340
Phone203-299-8000
Debt
Debt-to-Equity Ratio0.87
Current Ratio2.14
Quick Ratio2.14
Price-To-Earnings
Trailing P/E Ratio25.37
Forward P/E Ratio22.65
P/E Growth1.55
Sales & Book Value
Annual Sales$12.68 billion
Price / Sales7.63
Cash Flow$87.9505 per share
Price / Cash22.85
Book Value$230.89 per share
Price / Book8.70
Profitability
EPS (Most Recent Fiscal Year)$77.03
Net Income$2.34 billion
Net Margins18.90%
Return on Equity22.03%
Return on Assets10.24%
Miscellaneous
Employees22,900
Outstanding Shares48,170,000
Market Cap$96,815.85
Booking (NASDAQ:BKNG) Frequently Asked Questions
What is Booking's stock symbol?
Booking trades on the NASDAQ under the ticker symbol "BKNG."
How were Booking's earnings last quarter?
Booking Holdings Inc. (NASDAQ:BKNG) issued its quarterly earnings data on Wednesday, May, 9th. The business services provider reported $12.00 earnings per share for the quarter, beating the Zacks' consensus estimate of $10.68 by $1.32. The business services provider had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $2.87 billion. Booking had a net margin of 18.90% and a return on equity of 22.03%. The firm's revenue for the quarter was up 21.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $9.88 earnings per share. View Booking's Earnings History.
When is Booking's next earnings date?
What guidance has Booking issued on next quarter's earnings?
Booking updated its second quarter earnings guidance on Wednesday, May, 9th. The company provided earnings per share guidance of $16.35-17.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $16.79.
What price target have analysts set for BKNG?
27 equities research analysts have issued 12 month price targets for Booking's shares. Their predictions range from $2.00 to $2,600.00. On average, they expect Booking's share price to reach $2,178.2174 in the next twelve months. This suggests a possible upside of 8.4% from the stock's current price. View Analyst Ratings for Booking.
What is the consensus analysts' recommendation for Booking?
27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Booking in the last year. There are currently 8 hold ratings and 19 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Booking stock?
Here are some recent quotes from research analysts about Booking stock:
- 1. According to Zacks Investment Research, "Booking Holdings is benefiting from continued momentum in both agency and merchant businesses. Room nights and Rental cars have performed impressively. We remain positive about the secular growth trend in the online travel booking market, its strong position in international markets, growth opportunities in the domestic market, good execution, prudent marketing strategy and strong financial position are positives. At the same time, weaker ADRs and airline tickets, macro headwinds, increasing advertising spend and occupancy tax-related litigation remain overhangs. Notably, the stock has underperformed the industry it belongs to over a year." (7/14/2018)
- 2. SunTrust Banks, Inc. analysts commented, "We find Booking Holdings’ shares to be attractively valued compared to our fair value of $2,300. Our target is derived using a five-year DCF, which assumes 10% 5-year pro-forma revenue CAGR, and a long-term EBITDA margin of 44.5%. We also assume a perpetuity growth rate of 3% and a weighted average cost of capital of 10%, consistent with the risk profile of similar large-cap Internet names in our coverage group." (7/10/2018)
- 3. Jefferies Financial Group Inc analysts commented, "PCLN reported a strong qtr but that was not enough and stock declined 6% after the close. Conservative guidance, as usual, did not help either. While gross bookings did not beat high end of guidance for the 1st time in 11 qtrs, we don’t think PCLN’s fundamentals have changed. With gross bookings up 16% Y/Y (vs EXPE’s +12%), PCLN keeps gaining market share. We see any pullback in the stock as a buying opportunity. We maintain our Buy and raise PT to $2,300. PCLN reported a strong qtr with rev up 18% Y/Y to $3.02B vs. cons ests of $2.99B. Adj EBITDA of $974MM was ahead of Street ests of $927MM and guidance of $860-905MM. Non-GAAP EPS of $15.14 easily beat Street’s $14.20 and guidance of $13.30-$14.00. Gross bookings hit $20.80B in Q2 (+16% Y/Y / +19% ex-FX), slightly below cons ests of $21.06B but close to the high end of guidance. We believe this was a fluke and not a sign of fundamental changes. Adj EBITDA margin improved 40bps and remains 2x+ EXPE’s. Agency bookings at $17.95B were slightly below Street’s $18.17B, while Merchant bookings of $2.85B came in slightly above cons at $2.80B. Bookings growth was driven by 21% Y/Y growth in hotel room nights and 12% Y/Y growth in rental car days, offsetting 9% decline in air tickets." (8/4/2017)
Who are some of Booking's key competitors?
Some companies that are related to Booking include Visa (V), Mastercard (MA), Accenture (ACN), Paypal (PYPL), Fidelity National Information Servcs (FIS), NetEase (NTES), eBay (EBAY), Ctrip.Com International (CTRP), First Data (FDC), FleetCor Technologies (FLT), Global Payments (GPN), Mercadolibre (MELI), Total System Services (TSS), Worldpay (WP) and CoStar Group (CSGP).
Who are Booking's key executives?
Booking's management team includes the folowing people:
- Jeffery H. Boyd, Executive Chairman of the Board (Age 60)
- Glenn D. Fogel, President, Chief Executive Officer, Director (Age 55)
- Gillian Tans, President and Chief Executive Officer of Booking.com (Age 46)
- Peter J. Millones Jr., Executive Vice President, General Counsel, Corporate Secretary (Age 47)
- Daniel J. Finnegan, Chief Accounting Officer (Age 54)
- James M. Guyette, Lead Independent Director (Age 71)
- Robert J. Mylod Jr., Director (Age 50)
- Timothy Armstrong, Independent Director (Age 46)
- Jan L. Docter, Independent Director (Age 67)
- Jeffrey E. Epstein, Independent Director (Age 61)
Has Booking been receiving favorable news coverage?
Headlines about BKNG stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Booking earned a daily sentiment score of 0.07 on Accern's scale. They also gave news headlines about the business services provider an impact score of 47.13 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Booking's major shareholders?
Booking's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Swedbank (0.38%), Manning & Napier Group LLC (0.29%), NN Investment Partners Holdings N.V. (0.26%), Bank of Montreal Can (0.18%), ADAMCAPITAL Gestao de Recursos Ltda. (0.14%) and DnB Asset Management AS (0.10%). Company insiders that own Booking stock include Daniel J Finnegan, Gillian Tans, Glenn D Fogel, Jan L Docter, Jeffery H Boyd, Jeffrey E Epstein and Peter J Millones. View Institutional Ownership Trends for Booking.
Which major investors are selling Booking stock?
BKNG stock was sold by a variety of institutional investors in the last quarter, including ADAMCAPITAL Gestao de Recursos Ltda., Manning & Napier Group LLC, Westpac Banking Corp, DnB Asset Management AS, Hartford Investment Management Co., Hillman Co., Meag Munich Ergo Kapitalanlagegesellschaft MBH and Gateway Investment Advisers LLC. Company insiders that have sold Booking company stock in the last year include Gillian Tans, Jan L Docter, Jeffrey E Epstein and Peter J Millones. View Insider Buying and Selling for Booking.
Which major investors are buying Booking stock?
BKNG stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Milestone Resources Group Ltd, Swedbank, Fred Alger Management Inc., Retirement Systems of Alabama, Peregrine Capital Management LLC, NN Investment Partners Holdings N.V. and Bank of Montreal Can. View Insider Buying and Selling for Booking.
How do I buy shares of Booking?
Shares of BKNG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Booking's stock price today?
One share of BKNG stock can currently be purchased for approximately $2,009.67.
How big of a company is Booking?
Booking has a market capitalization of $96.82 billion and generates $12.68 billion in revenue each year. The business services provider earns $2.34 billion in net income (profit) each year or $77.03 on an earnings per share basis. Booking employs 22,900 workers across the globe.
How can I contact Booking?
Booking's mailing address is 800 CONNECTICUT AVENUE, NORWALK CT, 06854. The business services provider can be reached via phone at 203-299-8000 or via email at [email protected]
MarketBeat Community Rating for Booking (NASDAQ BKNG)
MarketBeat's community ratings are surveys of what our community members think about Booking and other stocks. Vote "Outperform" if you believe BKNG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BKNG will underperform the S&P 500 over the long term. You may vote once every thirty days.
