Booking (BKNG) Expected to Announce Earnings on Tuesday

Booking (NASDAQ:BKNG - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $17.57 per share and revenue of $4.58 billion for the quarter. Booking has set its Q1 2025 guidance at EPS and its FY 2025 guidance at 215.170-215.170 EPS.

Booking (NASDAQ:BKNG - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The business services provider reported $41.55 EPS for the quarter, topping analysts' consensus estimates of $35.82 by $5.73. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The business had revenue of $5.47 billion for the quarter, compared to analysts' expectations of $5.18 billion. On average, analysts expect Booking to post $210 EPS for the current fiscal year and $243 EPS for the next fiscal year.

Booking Price Performance

BKNG stock traded up $96.94 during midday trading on Thursday, hitting $4,827.97. 238,028 shares of the stock traded hands, compared to its average volume of 250,006. The stock's fifty day simple moving average is $4,658.71 and its 200-day simple moving average is $4,788.57. The firm has a market cap of $158.43 billion, a P/E ratio of 27.90, 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.

Booking Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were issued a $9.60 dividend. This is a boost from Booking's previous quarterly dividend of $8.75. The ex-dividend date of this dividend was Friday, March 7th. This represents a $38.40 dividend on an annualized basis and a yield of 0.80%. Booking's dividend payout ratio is presently 22.19%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Booking stock. Revolve Wealth Partners LLC acquired a new stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 42 shares of the business services provider's stock, valued at approximately $209,000. 92.42% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

BKNG has been the subject of a number of research analyst reports. Piper Sandler restated a "neutral" rating and set a $5,120.00 price objective (up from $4,900.00) on shares of Booking in a research report on Friday, February 21st. Cfra raised shares of Booking from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. Benchmark lifted their price objective on Booking from $5,000.00 to $5,900.00 and gave the stock a "buy" rating in a report on Friday, February 21st. Barclays increased their target price on Booking from $5,100.00 to $5,600.00 and gave the company an "overweight" rating in a report on Friday, February 21st. Finally, Wedbush lifted their price target on Booking from $5,000.00 to $5,500.00 and gave the stock an "outperform" rating in a research note on Monday, January 6th. Eleven analysts have rated the stock with a hold rating, twenty have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $5,278.66.

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.