#2 - Booking Holdings (NASDAQ:BKNG)
At first glance, Booking Holdings Inc. (NASDAQ: BKNG) may not look like an ideal candidate for a travel stock with upside. As of this writing, BKNG stock trades at over $3700 per share and over 21x forward earnings. It’s an expensive stock.
However, the company’s business model makes it a one-stop shop that helps travelers expedite their travel plans. Booking is adding AI capabilities into its platform for a more customized experience. And the company’s revenue and earnings continue to grow year-over-year, as does the company’s stock price, which is up more than 111% in the last five years.
That makes a stock split a viable possibility. At the moment, trading volume suggests that a split wouldn’t be helpful. But if there’s any sign of buying fatigue, a split could be a way to ensure the stock continues to grow.
About Booking
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.
Read More - Current Price
- $4,972.46
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 22 Buy Ratings, 10 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $4,749.83 (4.5% Downside)
