DA Davidson Weighs in on Booking’s Q1 Earnings (NASDAQ:BKNG)

Booking Holdings Inc. (NASDAQ:BKNG) – DA Davidson issued their Q1 2025 EPS estimates for shares of Booking in a report released on Monday, February 24th. DA Davidson analyst T. White forecasts that the business services provider will post earnings per share of $17.89 for the quarter. DA Davidson has a “Buy” rating and a $5,800.00 price objective on the stock. The consensus estimate for Booking’s current full-year earnings is $209.92 per share. DA Davidson also issued estimates for Booking’s FY2025 earnings at $209.20 EPS and FY2026 earnings at $244.52 EPS.

Booking (NASDAQ:BKNG) last issued its quarterly earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $35.82 by $5.73. The company had revenue of $5.47 billion during the quarter, compared to the consensus estimate of $5.18 billion. Booking had a net margin of 24.78% and a negative return on equity of 159.34%.

BKNG has been the subject of several other research reports. Argus cut shares of Booking from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Citigroup increased their price objective on Booking from $5,500.00 to $5,800.00 and gave the stock a “buy” rating in a research report on Friday. Truist Financial lifted their target price on shares of Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a report on Thursday, November 7th. JMP Securities reaffirmed a “market outperform” rating and set a $5,400.00 price objective on shares of Booking in a report on Wednesday, December 11th. Finally, Barclays upped their target price on shares of Booking from $5,100.00 to $5,600.00 and gave the stock an “overweight” rating in a research report on Friday. Ten investment analysts have rated the stock with a hold rating, twenty have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Booking presently has an average rating of “Moderate Buy” and an average price target of $5,370.43.

Booking Stock Performance

BKNG opened at $5,049.08 on Tuesday. The company has a market cap of $165.66 billion, a P/E ratio of 29.18, a PEG ratio of 1.71 and a beta of 1.39. Booking has a one year low of $3,180.00 and a one year high of $5,337.24. The business’s 50-day simple moving average is $4,901.28 and its 200-day simple moving average is $4,580.38.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Garner Asset Management Corp grew its holdings in shares of Booking by 0.8% during the 3rd quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock worth $1,087,000 after purchasing an additional 2 shares during the period. Optimist Retirement Group LLC grew its position in shares of Booking by 2.2% during the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock worth $383,000 after buying an additional 2 shares in the last quarter. Covestor Ltd increased its position in shares of Booking by 6.9% in the 4th quarter. Covestor Ltd now owns 31 shares of the business services provider’s stock worth $158,000 after purchasing an additional 2 shares during the last quarter. SageView Advisory Group LLC increased its holdings in Booking by 1.6% in the fourth quarter. SageView Advisory Group LLC now owns 124 shares of the business services provider’s stock valued at $616,000 after buying an additional 2 shares during the last quarter. Finally, Belpointe Asset Management LLC increased its holdings in shares of Booking by 2.2% in the 4th quarter. Belpointe Asset Management LLC now owns 95 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 2 shares during the last quarter. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

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.