Shares of Booking Holdings Inc. (NASDAQ:BKNG) have received a consensus rating of “Hold” from the thirty analysts that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and fourteen have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $2,073.25.
Several research analysts have recently issued reports on BKNG shares. Wedbush set a $30.00 price target on Aquestive Therapeutics and gave the stock a “buy” rating in a research report on Friday, March 22nd. Citigroup lowered Barrick Gold to a “neutral” rating in a research report on Thursday, May 23rd. UBS Group set a $133.00 price target on LHC Group and gave the stock a “buy” rating in a research report on Friday, May 10th. Barclays lowered Barrick Gold from an “overweight” rating to an “equal weight” rating and raised their price target for the stock from $15.00 to $18.00 in a research report on Tuesday. Finally, ValuEngine upgraded VESTAS WIND SYS/ADR from a “hold” rating to a “buy” rating in a research report on Thursday, May 9th.
In other Booking news, Director Jeffrey E. Epstein sold 250 shares of Booking stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $1,755.75, for a total transaction of $438,937.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Gillian Tans sold 606 shares of Booking stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $1,791.14, for a total value of $1,085,430.84. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,462 shares of company stock worth $2,602,200. Corporate insiders own 0.24% of the company’s stock.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. FMR LLC raised its stake in shares of Booking by 8.3% in the 1st quarter. FMR LLC now owns 997,623 shares of the business services provider’s stock valued at $1,740,762,000 after purchasing an additional 76,561 shares during the period. Ellis Investment Partners LLC raised its stake in shares of Booking by 174,390.7% in the 1st quarter. Ellis Investment Partners LLC now owns 621,187 shares of the business services provider’s stock valued at $621,000 after purchasing an additional 620,831 shares during the period. Geode Capital Management LLC raised its stake in shares of Booking by 4.0% in the 4th quarter. Geode Capital Management LLC now owns 615,306 shares of the business services provider’s stock valued at $1,057,996,000 after purchasing an additional 23,591 shares during the period. Thoroughbred Financial Services LLC raised its stake in shares of Booking by 197,303.0% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 596,157 shares of the business services provider’s stock valued at $59,616,000 after purchasing an additional 595,855 shares during the period. Finally, Norges Bank acquired a new stake in shares of Booking in the 4th quarter valued at about $788,351,000. 92.89% of the stock is currently owned by hedge funds and other institutional investors.
BKNG traded up $18.17 during mid-day trading on Friday, reaching $1,885.91. The stock had a trading volume of 211,197 shares, compared to its average volume of 447,315. The company has a market cap of $81.77 billion, a PE ratio of 20.37, a P/E/G ratio of 1.55 and a beta of 1.13. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.34. The stock has a fifty day moving average price of $1,825.52. Booking has a 52 week low of $1,606.27 and a 52 week high of $2,131.90.
Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Thursday, May 9th. The business services provider reported $11.17 EPS for the quarter, missing the Zacks’ consensus estimate of $11.26 by ($0.09). The firm had revenue of $2.84 billion during the quarter, compared to the consensus estimate of $2.93 billion. Booking had a net margin of 28.79% and a return on equity of 48.32%. The firm’s quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $12.34 earnings per share. On average, equities analysts expect that Booking will post 100.86 earnings per share for the current fiscal year.
Booking Company Profile
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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