Booking Holdings Inc. (NASDAQ: BKNG) Given the average “hold” recommendation by brokerage firms
The shares of Booking Holdings Inc. (NASDAQ: BKNG) received an average recommendation of “Hold” by the twenty-seven analysts who currently cover the stock, reports Marketbeat.com. An equity research analyst rated the stock with a sell rating, thirteen assigned a conservation rating, and twelve assigned a buy rating to the company. The average one-year target price among analysts who published a report on the stock in the past year is $ 2,458.44.
Several research firms recently commented on BKNG. The Goldman Sachs group began covering the actions of Booking in a research note on Monday, September 13. They set a “neutral” rating and a price target of $ 2,230.00 for the company. Piper Sandler raised her price target on Booking’s stock from $ 2,345.00 to $ 2,375.00 and rated the stock “neutral” in a research note on Thursday, August 5. Stifel Nicolaus raised his price target for Booking’s stock from $ 2,400.00 to $ 2,450.00 and assigned the stock a “conservation” rating in a research note on Thursday August 5th. Finally, Credit Suisse Group raised its price target for Booking shares from $ 2,675.00 to $ 3,100.00 and assigned the stock an âoutperformanceâ rating in a research note on Thursday August 5th.
The NASDAQ BKNG opened at $ 2,325.37 on Monday. The company has a debt ratio of 2.25, a rapid ratio of 2.05, and a current ratio of 2.05. The company’s 50-day mobile average price is $ 2,219.12 and its 200-day mobile average price is $ 2,287.12. The reservation has a 52 week minimum of $ 1,589.00 and a 52 week maximum of $ 2,516.00. The company has a market cap of $ 95.48 billion, a PE ratio of 231.38, a P / E / G ratio of 3.31 and a beta of 1.26.
Booking (NASDAQ: BKNG) last reported its results on Tuesday, August 3. The business services provider reported ($ 2.55) earnings per share for the quarter, beating Thomson Reuters consensus estimate ($ 2.69) by $ 0.14. The company posted revenue of $ 2.16 billion in the quarter, compared to a consensus estimate of $ 1.89 billion. Booking has a net margin of 5.77% and a return on equity of 3.32%. Booking turnover increased by 242.9% compared to the same quarter last year. During the same period last year, the company made earnings per share ($ 10.81). On average, analysts predict Booking will post 42.24 earnings per share for the current fiscal year.
Meanwhile, CFO David I. Goulden sold 183 shares of the company in a transaction dated Thursday, July 15. The shares were sold at an average price of $ 2,173.00, for a total trade of $ 397,659.00. Following the closing of the sale, the CFO now owns 4,772 shares of the company, valued at $ 10,369,556. The transaction was disclosed in a file with the Securities & Exchange Commission, accessible via the SEC website. 0.27% of the shares are held by insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of BKNG. Virtu Financial LLC acquired a new position in Booking in the 2nd quarter for a value of approximately $ 3,722,000. Parametric Portfolio Associates LLC increased its stake in Booking by 8.5% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 138,568 shares of the business services provider valued at $ 303,199,000 after purchasing an additional 10,894 shares in the last quarter. Sawtooth Solutions LLC increased its stake in Booking by 16.8% in the 2nd quarter. Sawtooth Solutions LLC now owns 250 shares of the business services provider valued at $ 547,000 after purchasing 36 additional shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG increased its stake in Booking by 1,657.7% in the 2nd quarter. B. Metzler seel. Sohn & Co. Holding AG now owns 53,698 shares of the business services provider valued at $ 117,537,000 after purchasing an additional 50,643 shares in the last quarter. Finally, Greatmark Investment Partners Inc. acquired a new position in Booking in the second quarter valued at approximately $ 906,000. Hedge funds and other institutional investors hold 89.68% of the company’s shares.
About the reservation
Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of online travel and restaurant booking and related services. The Company, through its online travel agencies (OTC), connects consumers wishing to make travel reservations with travel service providers around the world. It offers consumers a range of accommodation bookings (including hotels, B & Bs, inns, apartments, vacation rentals and other properties) through its brands Booking.com, priceline.com and agoda.com.
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