Booking (NASDAQ:BKNG) Issues Earnings Results

Booking (NASDAQ:BKNG) posted its earnings results on Thursday. The business services provider reported $41.55 EPS for the quarter, topping analysts’ consensus estimates of $35.82 by $5.73, Zacks reports. Booking had a net margin of 21.85% and a negative return on equity of 166.06%. Booking updated its Q1 2025 guidance to EPS and its FY 2025 guidance to 215.170-215.170 EPS.

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $5,018.23 on Friday. The firm has a market cap of $166.10 billion, a PE ratio of 34.05, a price-to-earnings-growth ratio of 1.77 and a beta of 1.39. The firm’s 50 day simple moving average is $4,908.11 and its 200-day simple moving average is $4,540.81. Booking has a one year low of $3,180.00 and a one year high of $5,337.24.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Argus downgraded shares of Booking from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Truist Financial boosted their price objective on shares of Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. Citigroup boosted their price objective on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a research report on Monday, November 4th. StockNews.com upgraded shares of Booking from a “hold” rating to a “buy” rating in a research note on Saturday, November 9th. Finally, UBS Group lifted their target price on shares of Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Nine equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Booking has an average rating of “Moderate Buy” and an average target price of $5,062.29.

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.