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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Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryInternet Retail
SectorRetail/Wholesale
Phone203-299-8000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$14.53 billion
Profitability
Miscellaneous
Employees24,500
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable
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) announced its earnings results on Wednesday, August, 7th. The business services provider reported $23.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $22.80 by $0.79. The business services provider earned $3.85 billion during the quarter, compared to analyst estimates of $3.78 billion. Booking had a return on equity of 56.70% and a net margin of 28.19%. The business's revenue was up 8.8% compared to the same quarter last year. During the same period last year, the firm posted $20.13 EPS. 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 third quarter earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of 43.60-44.60 for the period, compared to the Thomson Reuters consensus estimate of $44.02.
What price target have analysts set for BKNG?
27 equities research analysts have issued twelve-month price targets for Booking's stock. Their predictions range from $1,745.02 to $2,400.00. On average, they expect Booking's stock price to reach $2,069.5464 in the next year. This suggests a possible upside of 1.9% from the stock's current price. View Analyst Price Targets 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 13 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings 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 riding on improving gross bookings. The company continues to witness solid growth in the booked room nights. Its rising mobile share and growing accommodation business are aiding total room nights bookings. Further, strong efforts toward ramping up of merchant business remain positive. We believe secular growth trend in the online travel booking market and growing mobile usage penetration are tailwinds. Moreover, the company’s strong position in international markets, growth opportunities in the domestic market and good execution of marketing strategies are major positives. Notably, the stock has outperformed its industry on a year-to-date basis. However, sluggishness in the rental car days poses risk. Moreover, macro headwinds, increasing advertising spend and occupancy tax-related litigation remain concerns." (9/12/2019)
- 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?
News coverage about BKNG stock has been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Booking earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave news stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Booking.
Are investors shorting Booking?
Booking saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 1,186,300 shares, a decrease of 7.2% from the July 31st total of 1,278,200 shares. Based on an average trading volume of 336,700 shares, the days-to-cover ratio is presently 3.5 days. Approximately 2.8% of the company's stock are short sold. View Booking's Current Options Chain.
Who are some of Booking's key competitors?
Some companies that are related to Booking include Mastercard (MA), Accenture (ACN), Paypal (PYPL), Fidelity National Information Servcs (FIS), Worldpay (WP), Pinduoduo (PDD), NetEase (NTES), eBay (EBAY), First Data (FDC), Mercadolibre (MELI), Global Payments (GPN), FleetCor Technologies (FLT), Total System Services (TSS), CoStar Group (CSGP) and Msci (MSCI).
What other stocks do shareholders of Booking own?
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)
Who are Booking's major shareholders?
Booking's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.80%), BlackRock Inc. (6.48%), BlackRock Inc. (6.48%), Price T Rowe Associates Inc. MD (5.89%), Edgewood Management LLC (1.60%) and Investec Asset Management LTD (1.50%). Company insiders that own Booking stock include Gillian Tans, Jan L Docter, Jeffrey E Epstein and Peter J Millones. 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 Price T Rowe Associates Inc. MD, Vanguard Group Inc., Farallon Capital Management LLC, Prudential Financial Inc., Point72 Asset Management L.P., Swedbank, Quest Capital Management Inc. ADV and Manning & Napier Group LLC. Company insiders that have sold Booking company stock in the last year include Gillian Tans and Jeffrey E Epstein. View Insider Buying and Selling for Booking.
Which institutional investors are buying Booking stock?
BKNG stock was acquired by a variety of institutional investors in the last quarter, including Thoroughbred Financial Services LLC, Nuveen Asset Management LLC, Investec Asset Management LTD, Fiduciary Management Inc. WI, Diamond Hill Capital Management Inc., Independent Franchise Partners LLP, HS Management Partners LLC and Marshall Wace North America L.P.. 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, Robinhood, Fidelity and Charles Schwab.
What is Booking's stock price today?
One share of BKNG stock can currently be purchased for approximately $2,031.5699.
How big of a company is Booking?
Booking has a market capitalization of $86.36 billion and generates $14.53 billion in revenue each year. The business services provider earns $4.00 billion in net income (profit) each year or $92.59 on an earnings per share basis. Booking employs 24,500 workers across the globe.View Additional Information About Booking.
What is Booking's official website?
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 michael.[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.
