What is DA Davidson’s Forecast for Booking FY2025 Earnings?

Booking Holdings Inc. (NASDAQ:BKNG) – DA Davidson raised their FY2025 earnings per share (EPS) estimates for shares of Booking in a research report issued to clients and investors on Thursday, May 1st. DA Davidson analyst T. White now anticipates that the business services provider will earn $211.93 per share for the year, up from their prior forecast of $209.20. DA Davidson has a “Buy” rating and a $5,800.00 price objective on the stock. The consensus estimate for Booking’s current full-year earnings is $209.92 per share. DA Davidson also issued estimates for Booking’s FY2026 earnings at $242.57 EPS.

A number of other equities research analysts have also recently issued reports on the company. Cantor Fitzgerald dropped their price objective on Booking from $5,540.00 to $4,330.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 16th. Benchmark upped their price target on shares of Booking from $5,000.00 to $5,900.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Morgan Stanley decreased their price objective on shares of Booking from $5,000.00 to $4,800.00 and set an “equal weight” rating for the company in a research report on Thursday, April 17th. Barclays upped their target price on shares of Booking from $5,100.00 to $5,600.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Finally, BTIG Research upgraded Booking from a “neutral” rating to a “buy” rating and set a $5,500.00 price target for the company in a report on Friday, April 4th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $5,262.41.

Booking Stock Performance

BKNG opened at $5,202.80 on Friday. The business’s 50-day simple moving average is $4,652.67 and its 200 day simple moving average is $4,818.49. Booking has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The firm has a market capitalization of $169.82 billion, a PE ratio of 30.07, a PEG ratio of 1.71 and a beta of 1.37.

Booking (NASDAQ:BKNG) last announced its earnings results on Tuesday, April 29th. The business services provider reported $24.81 EPS for the quarter, topping the consensus estimate of $17.57 by $7.24. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The business had revenue of $4.76 billion during the quarter, compared to analysts’ expectations of $4.58 billion. During the same quarter in the prior year, the company posted $20.39 earnings per share. The firm’s revenue was up 7.9% on a year-over-year basis.

Booking Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 7th were issued a dividend of $9.60 per share. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend was Friday, March 7th. This is an increase from Booking’s previous quarterly dividend of $8.75. Booking’s dividend payout ratio is 23.89%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Covestor Ltd lifted its position in shares of Booking by 6.9% during the 4th quarter. Covestor Ltd now owns 31 shares of the business services provider’s stock worth $158,000 after buying an additional 2 shares during the last quarter. SageView Advisory Group LLC raised its stake in Booking by 1.6% during the fourth quarter. SageView Advisory Group LLC now owns 124 shares of the business services provider’s stock worth $616,000 after acquiring an additional 2 shares in the last quarter. Belpointe Asset Management LLC lifted its holdings in shares of Booking by 2.2% in the fourth quarter. Belpointe Asset Management LLC now owns 95 shares of the business services provider’s stock worth $472,000 after acquiring an additional 2 shares during the last quarter. Elequin Capital LP boosted its stake in shares of Booking by 20.0% in the 4th quarter. Elequin Capital LP now owns 12 shares of the business services provider’s stock valued at $60,000 after purchasing an additional 2 shares in the last quarter. Finally, Fidelis Capital Partners LLC grew its holdings in shares of Booking by 1.2% during the 1st quarter. Fidelis Capital Partners LLC now owns 167 shares of the business services provider’s stock valued at $809,000 after purchasing an additional 2 shares during the last quarter. 92.42% of the stock is owned by institutional investors.

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.