NASDAQ:BKNGBooking Stock Price, Forecast & News

$1,639.42

-9.57 (-0.58 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$1,618.43

Now: $1,639.42▼

$1,657.00

50-Day Range

$1,342.22

MA: $1,461.27▼

$1,746.91

52-Week Range

$1,107.29

Now: $1,639.42▼

$2,094.00

Volume685,844 shs

Average Volume677,580 shs

Market Capitalization$67.10 billion

P/E Ratio20.83

Dividend YieldN/A

Beta1.03

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).

Beat the Market (BTM) Rank^™

2.2 Analyst's Opinion

Consensus Rating
Booking has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 12 buy ratings, 16 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1,742.38, Booking has a potential upside of 6.3% from its current price of $1,639.42.
Amount of Analyst Coverage
Booking has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
Booking has received 1,661 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Booking has received 1,091 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Booking has received 60.36% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Booking does not currently pay a dividend.
Dividend Growth
Booking does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Booking insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.24% of the stock of Booking is held by insiders.
Percentage Held by Institutions
92.68% of the stock of Booking is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Booking are expected to grow by 232.30% in the coming year, from $19.60 to $65.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Booking is 20.83, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.36.
Price to Earnings Ratio vs. Sector
The P/E ratio of Booking is 20.83, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 16.86.
Price to Earnings Growth Ratio
Booking has a PEG Ratio of 6.57. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Booking has a P/B Ratio of 17.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.62 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Transportation services

Sub-IndustryInternet Retail

SectorRetail/Wholesale

Current SymbolNASDAQ:BKNG

Previous Symbol

CUSIP74150340

CIK1075531

Webwww.bookingholdings.com

Phone203-299-8000

Debt

Debt-to-Equity Ratio2.35

Current Ratio2.24

Quick Ratio2.24

Price-To-Earnings

Trailing P/E Ratio20.83

Forward P/E Ratio83.64

P/E Growth6.57

Sales & Book Value

Annual Sales$15.07 billion

Price / Sales4.45

Cash Flow$119.23 per share

Price / Cash Flow13.75

Book Value$93.60 per share

Price / Book17.52

Profitability

EPS (Most Recent Fiscal Year)$102.57

Net Income$4.87 billion

Net Margins23.43%

Return on Equity78.22%

Return on Assets20.00%

Miscellaneous

Employees26,400

Outstanding Shares40,930,000

Market Cap$67.10 billion

Next Earnings Date8/5/2020 (Estimated)

OptionableOptionable

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Booking (NASDAQ:BKNG) Frequently Asked Questions

How has Booking's stock been impacted by COVID-19 (Coronavirus)?

Booking's stock was trading at $1,442.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BKNG stock has increased by 13.7% and is now trading at $1,639.42. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Booking?

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Booking in the last year. There are currently 16 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Booking.

When is Booking's next earnings date?

Booking is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Booking.

How were Booking's earnings last quarter?

Booking Holdings Inc. (NASDAQ:BKNG) released its earnings results on Thursday, May, 7th. The business services provider reported $3.77 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $6.12 by $2.35. The business services provider earned $2.29 billion during the quarter, compared to analyst estimates of $2.19 billion. Booking had a net margin of 23.43% and a return on equity of 78.22%. The firm's revenue was down 19.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $11.17 EPS. View Booking's earnings history.

What price target have analysts set for BKNG?

28 Wall Street analysts have issued 1-year target prices for Booking's stock. Their forecasts range from $1,225.00 to $2,250.00. On average, they expect Booking's share price to reach $1,742.38 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price. View analysts' price targets for Booking.

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 expanding alternative accommodation business. This bodes well for its growing footprint in both international as well as domestic regions. Further, the company’s strong efforts toward ramping up the merchant business are major positives. Additionally, Booking Holdings’ expanding payment platform is acting as a tailwind. Further, growing usage of mobile by travelers for their travel planning is another positive. Also, integration with Rentalcars.com has started benefiting the company. Additionally, strengthening flight capabilities are contributing well. However, continued softness in agency business remains a headwind. Further, the company has withdrawn its guidance for the current quarter due to coronavirus led disruptions in the travel space. The stock has underperformed its industry over a year." (3/26/2020)
2. Evercore ISI analysts commented, "We remain cautious, but do not have a draconian view and thus reiterate our In Line rating. Our PT moves lower to $44, which includes an NPV hit of $2.8 Bn related to upcoming litigation (would equate to ~8x EBITDA if you adjusted for fine as debt – we will be using this methodology broadly for group going forward)." (8/11/2019)
3. SunTrust Banks, Inc. analysts commented, "We expect 2Q RNG to be slightly above Street expectations but to remain impacted by a weak European macro and moderation in global growth. Within Europe, we view slowing economic growth in Germany and Italy as modest negatives and see marginal benefit from extended Brexit deadline. Given the cloudy macro picture, we expect greater European traveler flows to lower cost destinations, contributing to ADR decline. While the macro is likely to remain a NT overhang on growth, at ~12x in buyback authorization and a sticky offering, we find the risk/reward attractive for LT holders." (7/18/2019)

Has Booking been receiving favorable news coverage?

Press coverage about BKNG stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Booking earned a news impact score of 2.0 on InfoTrie's scale. They also assigned news headlines about the business services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutBooking.

Are investors shorting Booking?

Booking saw a drop in short interest in May. As of May 15th, there was short interest totaling 1,370,000 shares, a drop of 7.4% from the April 30th total of 1,480,000 shares. Based on an average trading volume of 682,800 shares, the days-to-cover ratio is currently 2.0 days. Currently, 3.4% of the company's stock are sold short. View Booking's Current Options Chain.

Who are some of Booking's key competitors?

Some companies that are related to Booking include Amazon.com (AMZN), Netflix (NFLX), Expedia Group (EXPE), Tripadvisor (TRIP), Shutterfly (SFLY), 1-800-Flowers.Com (FLWS), Overstock.com (OSTK), Petmed Express (PETS), Groupon (GRPN) and U.S. Auto Parts Network (PRTS). View all competitors.

What other stocks do shareholders of Booking own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Booking investors own include Netflix (NFLX), Alphabet (GOOG), Tesla (TSLA), Chipotle Mexican Grill (CMG), Alibaba Group (BABA), NVIDIA (NVDA), Visa (V), Baidu (BIDU), Mastercard (MA) and Walt Disney (DIS).

Who are Booking's key executives?

Booking's management team includes the following 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)

What is Booking's stock symbol?

Booking trades on the NASDAQ under the ticker symbol "BKNG."

Who are Booking's major shareholders?

Booking's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.02%), Capital International Investors (1.80%), Geode Capital Management LLC (1.71%), Invesco Ltd. (1.50%), Capital Research Global Investors (0.94%) and Fiduciary Management Inc. WI (0.92%). Company insiders that own Booking stock include Gillian Tans and Jeffrey E Epstein. View institutional ownership trends for Booking.

Which institutional investors are selling Booking stock?

BKNG stock was sold by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Morgan Stanley, Morgan Stanley, Alliancebernstein L.P., Polen Capital Management LLC, Nuveen Asset Management LLC, Bessemer Group Inc., and Principal Financial Group Inc.. Company insiders that have sold Booking company stock in the last year include Gillian Tans, and Jeffrey E Epstein. View insider buying and selling activity for Booking.

Which institutional investors are buying Booking stock?

BKNG stock was bought by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Capital World Investors, Par Capital Management Inc., Fiduciary Management Inc. WI, FDx Advisors Inc., First Pacific Advisors LP, Melvin Capital Management LP, and Manning & Napier Group LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Booking's stock price today?

One share of BKNG stock can currently be purchased for approximately $1,639.42.

How big of a company is Booking?

Booking has a market capitalization of $67.10 billion and generates $15.07 billion in revenue each year. The business services provider earns $4.87 billion in net income (profit) each year or $102.57 on an earnings per share basis. Booking employs 26,400 workers across the globe.

What is Booking's official website?

The official website for Booking is www.bookingholdings.com.

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]

This page was last updated on 5/31/2020 by MarketBeat.com Staff