B. Riley Analysts Reduce Earnings Estimates for Booking

Booking Holdings Inc. (NASDAQ:BKNG - Free Report) - Equities researchers at B. Riley reduced their Q1 2025 earnings per share estimates for Booking in a research note issued on Monday, April 7th. B. Riley analyst N. Khan now forecasts that the business services provider will post earnings of $10.49 per share for the quarter, down from their prior forecast of $13.21. B. Riley currently has a "Buy" rating and a $6,000.00 target price on the stock. The consensus estimate for Booking's current full-year earnings is $209.92 per share. B. Riley also issued estimates for Booking's Q2 2025 earnings at $42.96 EPS, Q3 2025 earnings at $86.75 EPS, Q4 2025 earnings at $39.79 EPS, FY2025 earnings at $179.28 EPS, FY2026 earnings at $225.87 EPS, FY2027 earnings at $286.29 EPS, FY2028 earnings at $354.27 EPS and FY2029 earnings at $434.62 EPS.

A number of other equities research analysts have also issued reports on BKNG. Wells Fargo & Company decreased their target price on shares of Booking from $5,248.00 to $4,567.00 and set an "equal weight" rating for the company in a research note on Monday, April 7th. BTIG Research upgraded Booking from a "neutral" rating to a "buy" rating and set a $5,500.00 target price on the stock in a research note on Friday, April 4th. Royal Bank of Canada lifted their price target on Booking from $5,250.00 to $5,900.00 and gave the company an "outperform" rating in a report on Friday, February 21st. JMP Securities reduced their target price on shares of Booking from $6,100.00 to $5,600.00 and set a "market outperform" rating for the company in a research note on Wednesday, April 9th. Finally, Erste Group Bank downgraded shares of Booking from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 17th. Eleven research 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. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $5,327.28.

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Booking Stock Performance

Shares of NASDAQ BKNG traded down $14.99 during mid-day trading on Wednesday, reaching $4,571.54. The company had a trading volume of 103,098 shares, compared to its average volume of 247,844. The company has a market capitalization of $150.02 billion, a price-to-earnings ratio of 26.42, a PEG ratio of 1.71 and a beta of 1.37. The stock has a fifty day moving average of $4,715.54 and a two-hundred day moving average of $4,769.51. Booking has a 12-month low of $3,180.00 and a 12-month high of $5,337.24.

Booking (NASDAQ:BKNG - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The business services provider reported $41.55 EPS for the quarter, beating the consensus estimate of $35.82 by $5.73. The business had revenue of $5.47 billion during the quarter, compared to the consensus estimate of $5.18 billion. Booking had a net margin of 24.78% and a negative return on equity of 159.34%.

Booking Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were paid a $9.60 dividend. The ex-dividend date of this dividend was Friday, March 7th. This is an increase from Booking's previous quarterly dividend of $8.75. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.84%. Booking's payout ratio is currently 22.19%.

Institutional Investors Weigh In On Booking

Hedge funds and other institutional investors have recently made changes to their positions in the company. Mogy Joel R Investment Counsel Inc. raised its holdings in Booking by 16.4% during the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider's stock worth $9,321,000 after purchasing an additional 264 shares during the last quarter. Nordea Investment Management AB lifted its holdings in Booking by 5.1% in the fourth quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider's stock valued at $896,455,000 after buying an additional 8,735 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in Booking by 20.3% in the fourth quarter. Sequoia Financial Advisors LLC now owns 905 shares of the business services provider's stock valued at $4,495,000 after buying an additional 153 shares during the period. Crossmark Global Holdings Inc. boosted its stake in Booking by 6.7% in the fourth quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider's stock valued at $29,160,000 after acquiring an additional 368 shares during the last quarter. Finally, Principal Financial Group Inc. grew its stake in shares of Booking by 5.3% during the third quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider's stock worth $166,787,000 after purchasing an additional 2,010 shares during the period. 92.42% of the stock is owned by institutional investors and hedge funds.

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.