Booking Holdings Inc. (BKNG) Analysis & Opinions from Experts

Booking Holdings Inc. (NASDAQ: BKNG) is -32.52% lower on its value in year-to-date trading and has touched a low of $1107.29 and a high of $2094.00 in the current 52-week trading range. The BKNG stock was last observed hovering at around $1411.00 in the last trading session, with the day’s loss setting it -25.08% off its average median price target of $1600.00 for the next 12 months. It is also 31.73% off the consensus price target high of $2030.00 offered by 30 analysts, but current levels are -34.56% lower than the price target low of $1030.00 for the same period.

Currently trading at $1385.92, the stock is -2.22% and -1.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 504146.0 and changing -1.78% at the moment leaves the stock -23.71% off its SMA200. BKNG registered -22.02% loss for a year compared to 6-month loss of -26.25%. The firm has a 50-day simple moving average (SMA 50) of $1,375.67 and a 200-day simple moving average (SMA200) of $1,747.42.

The stock witnessed a -2.47% gain in the last 1 month and extending the period to 3 months gives it a -27.41%, and is -0.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.78% over the week and 3.57% over the month.

Booking Holdings Inc. (BKNG) has around 26400 employees, a market worth around $57.43B and $15.07B in sales. Current P/E ratio is 12.35 and Fwd P/E is 16.56. Profit margin for the company is 22.60%. Distance from 52-week low is 25.16% and -33.81% from its 52-week high. The company has generated returns on investments over the last 12 months (29.10%).

Booking Holdings Inc. (BKNG) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Booking Holdings Inc. (BKNG) is a “Overweight”. 30 analysts offering their recommendations for the stock have an average rating of 2.60, where 16 rate it as a Hold and 1 think it is a “Overweight”. 13 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Booking Holdings Inc. is expected to release its quarterly report on 08/05/2020 and quarterly earnings per share for the current quarter are estimated at $6.1 with sales reaching $2.31B over the same period.The EPS is expected to grow by 35.40% this year, but quarterly earnings will post -28.60% year-over-year. Quarterly sales are estimated to shrink -18.70% in year-over-year returns.

Booking Holdings Inc. (BKNG) Top Institutional Holders

1,779 institutions hold shares in Booking Holdings Inc. (BKNG), with 143.25k shares held by insiders accounting for 0.35% while institutional investors hold 97.05% of the company’s shares. The shares outstanding are 41.44M, and float is at 40.83M with Short Float at 3.62%. Institutions hold 96.71% of the Float.

The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 3.25 million shares valued at $6.67 billion. The investor’s holdings represent 7.94% of the BKNG Shares outstanding. As of Mar 30, 2020, the second largest holder is Blackrock Inc. with 2.87 million shares valued at $3.86 billion to account for 7.02% of the shares outstanding. The other top investors are Price (T.Rowe) Associates Inc which holds 2.29 million shares representing 5.59% and valued at over $4.7 billion, while State Street Corporation holds 4.50% of the shares totaling 1.84 million with a market value of $3.78 billion.

Booking Holdings Inc. (BKNG) Insider Activity

A total of 8 insider transactions have happened at Booking Holdings Inc. (BKNG) in the last six months, with sales accounting for 5 and purchases happening 3 times.