Wedbush Has Positive Estimate for Booking Q1 Earnings

Booking Holdings Inc. (NASDAQ:BKNG) – Equities research analysts at Wedbush upped their Q1 2025 EPS estimates for shares of Booking in a note issued to investors on Monday, January 6th. Wedbush analyst S. Devitt now forecasts that the business services provider will earn $22.84 per share for the quarter, up from their previous estimate of $21.64. Wedbush has a “Outperform” rating and a $5,500.00 price objective on the stock. The consensus estimate for Booking’s current full-year earnings is $181.49 per share. Wedbush also issued estimates for Booking’s Q2 2025 earnings at $49.94 EPS.

Several other research firms have also weighed in on BKNG. Jefferies Financial Group lifted their price target on Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Piper Sandler increased their price target on shares of Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Robert W. Baird started coverage on shares of Booking in a research note on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 price objective on the stock. B. Riley lifted their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Finally, Tigress Financial upped their price target on Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a research note on Monday, November 18th. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $4,972.75.

Booking Stock Performance

Booking stock opened at $4,872.42 on Wednesday. Booking has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The stock’s 50 day simple moving average is $5,060.23 and its two-hundred day simple moving average is $4,342.57. The stock has a market cap of $161.26 billion, a price-to-earnings ratio of 33.06, a PEG ratio of 2.11 and a beta of 1.41.

Booking Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were given a dividend of $8.75 per share. The ex-dividend date was Friday, December 6th. This represents a $35.00 annualized dividend and a yield of 0.72%. Booking’s dividend payout ratio (DPR) is 23.75%.

Institutional Trading of Booking

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BKNG. Private Client Services LLC purchased a new position in Booking during the fourth quarter valued at $230,000. Fulton Bank N.A. increased its holdings in Booking by 7.5% in the 4th quarter. Fulton Bank N.A. now owns 604 shares of the business services provider’s stock worth $3,001,000 after acquiring an additional 42 shares in the last quarter. Worth Asset Management LLC purchased a new position in Booking during the fourth quarter valued at approximately $1,828,000. Range Financial Group LLC boosted its position in shares of Booking by 361.0% in the fourth quarter. Range Financial Group LLC now owns 756 shares of the business services provider’s stock worth $3,756,000 after purchasing an additional 592 shares during the period. Finally, Diversified Trust Co increased its stake in shares of Booking by 18.1% in the fourth quarter. Diversified Trust Co now owns 1,353 shares of the business services provider’s stock worth $6,727,000 after purchasing an additional 207 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Company Profile

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.