Booking Holdings Inc. (NASDAQ:BKNG) VP Peter J. Millones sold 3,629 shares of the company’s stock in a transaction on Thursday, March 15th. The shares were sold at an average price of $2,186.98, for a total value of $7,936,550.42. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Shares of Booking stock opened at $2,033.41 on Monday. Booking Holdings Inc. has a 1 year low of $1,630.56 and a 1 year high of $2,228.99. The stock has a market capitalization of $98,191.34, a price-to-earnings ratio of 26.40, a price-to-earnings-growth ratio of 1.49 and a beta of 1.26. The company has a quick ratio of 2.58, a current ratio of 2.58 and a debt-to-equity ratio of 0.89.
Booking (NASDAQ:BKNG) last announced its quarterly earnings results on Tuesday, February 27th. The business services provider reported $16.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $14.12 by $2.74. The company had revenue of $2.80 billion during the quarter, compared to the consensus estimate of $2.70 billion. Booking had a return on equity of 21.12% and a net margin of 18.46%. research analysts predict that Booking Holdings Inc. will post 87.3 EPS for the current fiscal year.
BKNG has been the topic of several research reports. DA Davidson initiated coverage on Booking in a research note on Wednesday, April 4th. They set a “neutral” rating and a $2,260.00 price target on the stock. Credit Suisse Group raised Booking to a “buy” rating in a research note on Wednesday, February 7th. Zacks Investment Research lowered Booking from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. Piper Jaffray upped their price target on Booking to $2,100.00 and gave the company an “overweight” rating in a research note on Wednesday, February 28th. Finally, Wells Fargo reaffirmed a “market perform” rating and set a $1,975.00 price target (up previously from $1,850.00) on shares of Booking in a research note on Wednesday, February 28th. Nine research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $2,092.89.
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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.
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