DA Davidson Has Positive Outlook for Booking FY2025 Earnings

Booking Holdings Inc. (NASDAQ:BKNG) – DA Davidson increased their FY2025 EPS estimates for Booking in a research note issued to investors on Thursday, October 30th. DA Davidson analyst T. White now expects that the business services provider will post earnings of $225.49 per share for the year, up from their previous forecast of $224.77. DA Davidson has a “Buy” rating and a $6,600.00 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 Q4 2025 earnings at $46.32 EPS.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Tuesday, October 28th. The business services provider reported $99.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $95.56 by $3.94. Booking had a net margin of 19.37% and a negative return on equity of 134.86%. The company had revenue of $9.01 billion for the quarter, compared to the consensus estimate of $8.71 billion. During the same period last year, the firm posted $83.39 EPS. The company’s revenue for the quarter was up 12.7% on a year-over-year basis. Booking has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS.

A number of other brokerages have also recently weighed in on BKNG. B. Riley increased their price target on Booking from $6,700.00 to $6,800.00 and gave the stock a “buy” rating in a research report on Wednesday. Barclays upped their price objective on Booking from $6,000.00 to $6,250.00 and gave the stock an “overweight” rating in a research note on Wednesday. Citigroup reiterated a “market outperform” rating on shares of Booking in a research note on Wednesday. Deutsche Bank Aktiengesellschaft upped their price target on shares of Booking from $6,723.00 to $6,790.00 and gave the stock a “buy” rating in a research report on Tuesday, October 21st. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $6,000.00 price objective (up from $5,700.00) on shares of Booking in a research report on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $6,121.23.

Booking Stock Down 0.0%

Shares of NASDAQ BKNG opened at $5,077.74 on Friday. The firm’s 50-day moving average price is $5,381.21 and its two-hundred day moving average price is $5,387.76. Booking has a 52-week low of $4,096.23 and a 52-week high of $5,839.41. The stock has a market capitalization of $164.57 billion, a P/E ratio of 33.00, a P/E/G ratio of 1.57 and a beta of 1.35.

Hedge Funds Weigh In On Booking

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BKNG. Halbert Hargrove Global Advisors LLC raised its stake in shares of Booking by 150.0% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 5 shares of the business services provider’s stock worth $27,000 after buying an additional 3 shares in the last quarter. Wealth Preservation Advisors LLC acquired a new position in Booking during the first quarter worth about $28,000. Atwood & Palmer Inc. bought a new stake in Booking in the second quarter worth about $29,000. Westside Investment Management Inc. lifted its holdings in Booking by 400.0% in the 2nd quarter. Westside Investment Management Inc. now owns 5 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 4 shares during the last quarter. Finally, Keystone Global Partners LLC acquired a new stake in Booking in the 1st quarter valued at about $32,000. 92.42% of the stock is owned by institutional investors.

Insider Activity at Booking

In other news, Director Larry Quinlan sold 64 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $5,511.80, for a total value of $352,755.20. Following the completion of the transaction, the director directly owned 131 shares in the company, valued at $722,045.80. This trade represents a 32.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Vanessa Ames Wittman sold 15 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $5,291.98, for a total transaction of $79,379.70. Following the transaction, the director owned 732 shares in the company, valued at $3,873,729.36. This represents a 2.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,197 shares of company stock worth $17,260,963 in the last 90 days. Corporate insiders own 0.16% of the company’s stock.

Booking Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 5th will be issued a $9.60 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $38.40 annualized dividend and a yield of 0.8%. Booking’s dividend payout ratio is presently 24.96%.

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.