FY2025 EPS Estimates for Booking Cut by Cantor Fitzgerald

Booking Holdings Inc. (NASDAQ:BKNG) – Stock analysts at Cantor Fitzgerald lowered their FY2025 EPS estimates for shares of Booking in a report issued on Wednesday, April 16th. Cantor Fitzgerald analyst D. Mathivanan now forecasts that the business services provider will earn $197.85 per share for the year, down from their previous estimate of $208.81. Cantor Fitzgerald currently has a “Neutral” rating and a $4,330.00 price target on the stock. The consensus estimate for Booking’s current full-year earnings is $209.92 per share.

Several other equities analysts have also recently commented on BKNG. Wedbush boosted their price target on shares of Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a report on Monday, January 6th. JPMorgan Chase & Co. lowered their target price on Booking from $5,750.00 to $4,850.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. Piper Sandler reaffirmed a “neutral” rating and set a $5,120.00 price target (up from $4,900.00) on shares of Booking in a research note on Friday, February 21st. Royal Bank of Canada boosted their price target on Booking from $5,250.00 to $5,900.00 and gave the company an “outperform” rating in a research note on Friday, February 21st. Finally, DA Davidson raised their price objective on shares of Booking from $5,005.00 to $5,800.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Eleven research analysts have rated the stock with a hold rating, twenty have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $5,278.66.

Booking Stock Performance

Shares of BKNG opened at $4,573.31 on Friday. The company has a market capitalization of $150.07 billion, a PE ratio of 26.43, a PEG ratio of 1.71 and a beta of 1.37. The company’s 50 day moving average price is $4,689.13 and its 200 day moving average price is $4,774.73. Booking has a 52 week low of $3,180.00 and a 52 week high of $5,337.24.

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

Institutional Investors Weigh In On Booking

Institutional investors have recently added to or reduced their stakes in the stock. Passumpsic Savings Bank lifted its holdings in shares of Booking by 2.6% during the third quarter. Passumpsic Savings Bank now owns 699 shares of the business services provider’s stock valued at $2,944,000 after acquiring an additional 18 shares during the period. Virtu Financial LLC increased its position in shares of Booking by 268.5% during the 3rd quarter. Virtu Financial LLC now owns 2,410 shares of the business services provider’s stock worth $10,147,000 after purchasing an additional 1,756 shares in the last quarter. World Investment Advisors LLC lifted its holdings in Booking by 3,561.9% during the 3rd quarter. World Investment Advisors LLC now owns 3,076 shares of the business services provider’s stock valued at $12,955,000 after purchasing an additional 2,992 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its position in Booking by 27.6% in the third quarter. Wilmington Savings Fund Society FSB now owns 1,550 shares of the business services provider’s stock valued at $6,529,000 after buying an additional 335 shares in the last quarter. Finally, Inspire Trust Co. N.A. grew its stake in Booking by 404.4% during the third quarter. Inspire Trust Co. N.A. now owns 459 shares of the business services provider’s stock worth $1,933,000 after buying an additional 368 shares during the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were paid a dividend of $9.60 per share. This is a boost from Booking’s previous quarterly dividend of $8.75. The ex-dividend date was Friday, March 7th. This represents a $38.40 dividend on an annualized basis and a yield of 0.84%. Booking’s dividend payout ratio (DPR) is currently 22.19%.

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.