B. Riley Forecasts Booking’s Q1 Earnings (NASDAQ:BKNG)

Booking Holdings Inc. (NASDAQ:BKNG) – Research analysts at B. Riley cut their Q1 2025 earnings estimates for Booking in a research report issued to clients and investors on Monday, April 7th. B. Riley analyst N. Khan now anticipates that the business services provider will post earnings of $10.49 per share for the quarter, down from their prior estimate of $13.21. B. Riley currently has a “Buy” rating and a $6,000.00 price target on the stock. The consensus estimate for Booking’s current full-year earnings is $209.92 per share. B. Riley also issued estimates for Booking’s Q2 2025 earnings at $42.96 EPS, Q3 2025 earnings at $86.75 EPS, Q4 2025 earnings at $39.79 EPS, FY2025 earnings at $179.28 EPS, FY2026 earnings at $225.87 EPS, FY2027 earnings at $286.29 EPS, FY2028 earnings at $354.27 EPS and FY2029 earnings at $434.62 EPS.

Several other brokerages have also issued reports on BKNG. UBS Group raised their price objective on Booking from $5,560.00 to $5,960.00 and gave the stock a “buy” rating in a report on Friday, February 21st. JPMorgan Chase & Co. cut their price objective on shares of Booking from $5,750.00 to $4,850.00 and set an “overweight” rating for the company in a research report on Tuesday. Barclays raised their price target on Booking from $5,100.00 to $5,600.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Erste Group Bank downgraded shares of Booking from a “strong-buy” rating to a “hold” rating in a report on Monday, March 17th. Finally, StockNews.com raised Booking from a “hold” rating to a “buy” rating in a report on Friday, March 28th. Ten research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $5,327.28.

Booking Stock Up 10.9 %

Shares of BKNG opened at $4,616.32 on Wednesday. The stock has a 50 day moving average price of $4,721.35 and a 200 day moving average price of $4,760.98. The company has a market capitalization of $151.48 billion, a price-to-earnings ratio of 26.68, a price-to-earnings-growth ratio of 1.71 and a beta of 1.37. Booking has a 52-week low of $3,180.00 and a 52-week high of $5,337.24.

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. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The company had revenue of $5.47 billion during the quarter, compared to the consensus estimate of $5.18 billion.

Booking Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were issued a $9.60 dividend. This is an increase from Booking’s previous quarterly dividend of $8.75. This represents a $38.40 annualized dividend and a yield of 0.83%. The ex-dividend date was Friday, March 7th. Booking’s dividend payout ratio is currently 22.19%.

Institutional Trading of Booking

Several large investors have recently bought and sold shares of BKNG. Conway Capital Management Inc. acquired a new stake in Booking in the third quarter valued at $577,000. Foyston Gordon & Payne Inc raised its stake in shares of Booking by 2.0% during the third quarter. Foyston Gordon & Payne Inc now owns 2,939 shares of the business services provider’s stock valued at $12,379,000 after purchasing an additional 57 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Booking by 1.4% in the third quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock valued at $3,350,605,000 after acquiring an additional 11,211 shares in the last quarter. Coldstream Capital Management Inc. raised its stake in shares of Booking by 12.2% in the 3rd quarter. Coldstream Capital Management Inc. now owns 654 shares of the business services provider’s stock worth $2,807,000 after buying an additional 71 shares in the last quarter. Finally, Virtue Capital Management LLC boosted its position in shares of Booking by 11.0% during the 3rd quarter. Virtue Capital Management LLC now owns 192 shares of the business services provider’s stock valued at $809,000 after purchasing an additional 19 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

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.