B. Riley Issues Negative Estimate for Booking Earnings

Booking Holdings Inc. (NASDAQ:BKNG) – Analysts at B. Riley cut their Q1 2025 EPS estimates for shares of Booking in a research report issued on Thursday, October 31st. B. Riley analyst N. Khan now forecasts that the business services provider will post earnings per share of $17.60 for the quarter, down from their previous forecast of $18.44. B. Riley has a “Buy” rating and a $5,100.00 price target on the stock. The consensus estimate for Booking’s current full-year earnings is $177.37 per share. B. Riley also issued estimates for Booking’s Q2 2025 earnings at $50.26 EPS.

Booking (NASDAQ:BKNG) last posted its earnings results on Wednesday, October 30th. The business services provider reported $83.89 EPS for the quarter, beating analysts’ consensus estimates of $77.94 by $5.95. The business had revenue of $7.99 billion for the quarter, compared to the consensus estimate of $7.63 billion. Booking had a net margin of 21.85% and a negative return on equity of 165.63%.

BKNG has been the topic of a number of other research reports. Jefferies Financial Group raised their target price on shares of Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft raised their target price on shares of Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research report on Friday. DA Davidson raised their target price on shares of Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a research report on Thursday. Evercore ISI lowered their price target on shares of Booking from $4,500.00 to $4,200.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Finally, The Goldman Sachs Group raised their price target on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a report on Friday. Eleven equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $4,680.18.

Booking Stock Performance

NASDAQ BKNG opened at $4,749.11 on Friday. The company has a market capitalization of $159.19 billion, a price-to-earnings ratio of 32.23, a price-to-earnings-growth ratio of 1.45 and a beta of 1.40. The company’s 50-day simple moving average is $4,136.96 and its two-hundred day simple moving average is $3,880.99. Booking has a one year low of $2,756.39 and a one year high of $4,856.60.

Institutional Trading of Booking

Several institutional investors and hedge funds have recently bought and sold shares of BKNG. Jamison Private Wealth Management Inc. purchased a new position in shares of Booking during the 3rd quarter valued at approximately $25,000. Grove Bank & Trust increased its holdings in shares of Booking by 133.3% during the 2nd quarter. Grove Bank & Trust now owns 7 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 4 shares in the last quarter. POM Investment Strategies LLC purchased a new position in shares of Booking during the 2nd quarter valued at approximately $28,000. Kings Path Partners LLC purchased a new position in shares of Booking during the 2nd quarter valued at approximately $28,000. Finally, West Financial Advisors LLC purchased a new position in shares of Booking during the 3rd quarter valued at approximately $29,000. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Booking

In other Booking news, insider Paulo Pisano sold 100 shares of Booking stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $3,887.61, for a total transaction of $388,761.00. Following the completion of the sale, the insider now directly owns 3,787 shares in the company, valued at approximately $14,722,379.07. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.12% of the company’s stock.

Booking Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th will be paid a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a yield of 0.74%. The ex-dividend date is Friday, December 6th. Booking’s payout ratio is 23.75%.

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.