News & Historical Data
The industry with the worst average Zacks Rank would place in the bottom DotBig 1%. BKNG is scheduled to report first-quarter 2022 results on May 4.
In other words, Booking shares trade at around 75x recent earnings. Booking shares flew higher by 10% on stellar first-quarter bookings of $27.3 billion, which represented 107% of 2019 levels, up notably from 92% last quarter. Further, April bookings were 130% of 2019 levels, as European and other international travel is accelerating with reduced COVID-19 restrictions. Also, summer bookings https://dotbig.com/markets/stocks/BKNG/ in Western Europe are 130% above 2019 levels. AG. Company insiders that have sold Booking company stock in the last year include David I Goulden, Glenn D Fogel, and Jeffery H Boyd. View insider buying and selling activity for Booking or view top insider-selling stocks. As of May 10th, there was short interest totaling 0 shares, an increase of NaN from the April 25th total of 0 shares.
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And like the P/E ratio, a lower number is typically considered ‘better’ than a higher number. TipRanks is a comprehensive investing tool that allows private investors and day traders to see the measured performance of anyone who provides financial advice.
The Earnings Yield (also known as the E/P ratio) measures the anticipated yield an investment in a stock could give you based on the earnings and the price paid. Many investors prefer EV to just Market Cap as a better way to https://dotbig.com/ determine the value of a company. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. That means these items are added back into the net income to produce this earnings number.
Is Bkng Stock A Buy, Sell, Or Hold?
Nevertheless, it could be hard to see Booking’s share price rise substantially in the near term, considering lower profitability expectations and uncertainty https://corporatefinanceinstitute.com/resources/careers/companies/top-banks-in-the-usa/ related to the Russia-Ukraine geopolitical event. But I am still confident in Booking’s medium-term growth prospects, as I will detail in the next section.
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- I still see BKNG expanding its profit margins significantly by 2025, notwithstanding modest profitability improvement expectations this year.
- Since 1988 it has more than doubled the S&P 500 with an average gain of +25.08% per year.
- These products and services are usually sold through license agreements or subscriptions.
- The Current Ratio is defined as current assets divided by current liabilities.
- On the other hand, Expedia is a bigger player in North America generating around half of its revenues in the United States.
Another aspect of Booking that we like is its OpenTable platform for restaurant reservations which has the tailwind of improving conditions in the restaurant industry. With the return of indoor dining, a theme has been more consumers utilizing technology for table reservations which Booking can leverage cross-marketing and selling opportunities for the core travel services. Management noted during the earnings conference call that Priceline.com as a brand within the portfolio BKNG stock price has seen strong market momentum. Agoda, which is a leader in the Asia-Pacific region has also generated positive operating trends. For example, Booking has a bigger European customer base compared to Expedia Group Inc. , TripAdvisor Inc. , Trip.com Group while also benefiting from scale. The Booking.com brand, for example, has a clear advantage particularly in Europe with a 67% market share among all online travel agencies in 2019 compared to just 12.8% for Expedia.
Booking Holdings Bkng
Its other brands include KAYAK, Rentalcars.com and OpenTable, Inc. . This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. Ideally, an investor would https://dotbig.com/markets/stocks/BKNG/ like to see a positive EPS change percentage in all periods, i.e., 1 week, 4 weeks, and 12 weeks. The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change.
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We are bullish on the stock which has more upside as the company gains operating and financial momentum going forward. When you consider that value investors generally consider anything under a 1.0 PEG ratio to be a bargain, it’s hard to argue with Evercore’s recommendation to buy Booking Holdings stock today. If you own shares of the company, you can thank the friendly analysts at Evercore ISI for that.