B. Riley Issues Pessimistic Estimate for Booking Earnings

Booking Holdings Inc. (NASDAQ:BKNG) – Research analysts at B. Riley lowered their Q1 2025 earnings estimates for Booking in a report released on Thursday, October 31st. B. Riley analyst N. Khan now anticipates that the business services provider will post earnings of $17.60 per share 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.

Several other research analysts also recently issued reports on the stock. Tigress Financial upped their target price on shares of Booking from $4,285.00 to $4,580.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, July 9th. Wedbush upped their target price on shares of Booking from $3,900.00 to $4,750.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Truist Financial began coverage on shares of Booking in a report on Friday, September 6th. They set a “hold” rating and a $4,100.00 target price for the company. StockNews.com cut shares of Booking from a “buy” rating to a “hold” rating in a report on Friday. Finally, Morgan Stanley upped their target price on shares of Booking from $4,200.00 to $4,600.00 and gave the company an “equal weight” 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 assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $4,680.18.

Booking Price Performance

NASDAQ:BKNG opened at $4,749.11 on Friday. The company’s 50-day simple moving average is $4,136.96 and its 200 day simple moving average is $3,880.99. The firm has a market capitalization of $159.19 billion, a P/E ratio of 32.23, a PEG ratio of 1.45 and a beta of 1.40. Booking has a one year low of $2,756.39 and a one year high of $4,856.60.

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

Hedge Funds Weigh In On Booking

Several institutional investors have recently bought and sold shares of the business. GSG Advisors LLC bought a new stake in shares of Booking in the 3rd quarter worth about $201,000. Oxbow Advisors LLC lifted its holdings in shares of Booking by 6.3% in the 3rd quarter. Oxbow Advisors LLC now owns 979 shares of the business services provider’s stock worth $4,124,000 after acquiring an additional 58 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of Booking by 3.5% in the 3rd quarter. Assetmark Inc. now owns 1,047 shares of the business services provider’s stock worth $4,408,000 after acquiring an additional 35 shares during the last quarter. Townsend & Associates Inc lifted its holdings in shares of Booking by 1.7% in the 3rd quarter. Townsend & Associates Inc now owns 3,903 shares of the business services provider’s stock worth $16,833,000 after acquiring an additional 65 shares during the last quarter. Finally, Seascape Capital Management lifted its holdings in shares of Booking by 0.3% in the 3rd quarter. Seascape Capital Management now owns 1,007 shares of the business services provider’s stock worth $4,242,000 after acquiring an additional 3 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Insider Buying and Selling at Booking

In other Booking news, insider Paulo Pisano sold 100 shares of the stock in a transaction 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 transaction, the insider now owns 3,787 shares in the company, valued at $14,722,379.07. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.12% of the stock is owned by company insiders.

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 given a dividend of $8.75 per share. The ex-dividend date is Friday, December 6th. This represents a $35.00 annualized dividend and a yield of 0.74%. Booking’s dividend payout ratio (DPR) is currently 23.75%.

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.