Booking Holdings Inc BKNG Stock Forum & Discussion

Overall, BKNG gets a Strong Buy consensus rating based on 17 recent analyst reviews from the Street. The shares are trading at $1,940 and change and the average price target of $2,650, slightly more bullish than Mahaney’s, indicates potential for ~19% upside by the end of next year. Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. We’re using the 2-stage growth BKNG stock model, which simply means we take in account two stages of company’s growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren’t available we extrapolate the previous free cash flow from the last estimate or reported value.

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• His recent buy represents an 81% increase in his total holding of the stock, which is now worth over $32 million.
• At the end of its most recent quarter, the company had $11.84 billion in cash and equivalents versus $10.3 billion in current liabilities and $9.8 billion in total debt.
• The COVID-19 pandemic grounded planes, shuttered hotels, and locked the nation, its citizens, and its businesses down for months.

Over time, the stock holdings of each Select Sector SPDR may be rebalanced to reflect changes in the composition of its related index. A Select Sector SPDR would incur transaction costs and other expenses as a result of rebalancing. Furthermore, a Select Sector SPDR would realize capital gains or losses from the sale of securities in a rebalancing. Net income, at $1.67 billion, was more than double the year-ago value of $769 million, while the non-GAAP EPS, at $53.03, was up https://dotbig.com/markets/stocks/BKNG/ 41%. While liquid assets were down from the $11.1 billion reported at the end of last year, the company still has over $9.02 billion in cash and cash equivalents as of September 30 this year. Merger and acquisition activity can shake up the markets, and the first Soros pick has recently been involved in such action. Biohaven, Ltd. is a spin-off of the parent company Biohaven, a clinical-stage biopharmaceutical research company that was bought out by Pfizer earlier this year.

News flow

So it makes a lot of sense to check out what analysts think Booking Holdings will earn in the future . MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks DotBig they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on…

Compared to the current share price of US$1.9k, the company appears quite good value at a 41% discount to where the stock price trades currently. Valuations are imprecise instruments though, rather like a telescope – move a few degrees and end up in a different galaxy. Other large investors have also added to or reduced their stakes in the company. Valley National Advisers Inc. grew its stake in Booking by 85.7% during the 1st quarter. Valley National Advisers Inc. now owns 13 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 6 shares during the last quarter. Nvwm LLC grew its stake in Booking by 200.0% during the 1st quarter.

It offers consumers an array of accommodation reservations through its Booking.com, priceline.com and agoda.com brands. Its other brands include KAYAK, Rentalcars.com and OpenTable, Inc. . UBS Group cut their price target on Booking from $2,800.00 to $2,285.00 and set a "buy" rating for the company in a research note on Monday, DotBig August 1st. Susquehanna lowered their price objective on Booking from $2,800.00 to $2,650.00 and set a "positive" rating on the stock in a report on Monday, November 7th. Bank of America lifted their price objective on Booking from $2,200.00 to $2,250.00 and gave the stock a "buy" rating in a report on Thursday, November 3rd.

Newsstand

Booking Holdings Inc. is one of the largest online travel companies in the world. The company’s travel-related offerings cover hotel rooms, airline tickets, rental cars, vacation packages, cruises, Booking stock price today ‚things to do‘ at customer destinations and travel insurance. Simply Wall St’s Editorial Team provides unbiased, factual reporting on global stocks using in-depth fundamental analysis.

Discuss news and analysts‘ price predictions with the investor community. Third party service providers who provide services such as website hosting, data analysis, information technology and related infrastructure provision, customer service, email delivery, auditing and other services. This is https://dotbig.com/markets/stocks/BKNG/ not a new position for the legendary investor; Soros first got into this ticker in Q2 of this year; clearly, he sees the Pfizer transaction and Biohaven spin-off as an opportunity. His recent buy represents an 81% increase in his total holding of the stock, which is now worth over $32 million.

We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal DotBig data. As the pandemic recedes, consumer spending behavior will normalize and shift back toward services and away from goods. $BKNG showing a bullish hammer today after consolidating for the past two weeks. Might take a few days or maybe just tomorrow to break this entry line. Going sideways since 2018, Booking.com has not gained much ground.

Booking Holdings Inc.

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‚as-is‘ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. In the past three months, Booking insiders have bought 12.44% more of their company’s stock BKNG stock than they have sold. Specifically, they have bought $956,185.00 in company stock and sold $850,411.00 in company stock. Booking has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume. The company’s average rating score is 2.78, and is based on 19 buy ratings, 7 hold ratings, and no sell ratings.

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These returns cover a period from January 1, 1988 through September 12, 2022. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted nasdaq BKNG average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

6 employees have rated Booking Chief Executive Officer Glenn D. Fogel on Glassdoor.com. Glenn D. Fogel has an approval rating of 100% among the company’s employees. This puts Glenn D. Fogel in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 69.0% of employees surveyed would recommend working at Booking to a friend. Booking has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.