Wedbush Has Optimistic Outlook of Booking Q1 Earnings

Booking Holdings Inc. (NASDAQ:BKNG) – Wedbush lifted their Q1 2025 EPS estimates for shares of Booking in a report issued on Monday, January 6th. Wedbush analyst S. Devitt now expects that the business services provider will post earnings of $22.84 per share for the quarter, up from their prior estimate of $21.64. Wedbush currently has a “Outperform” rating and a $5,500.00 target price 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 equities research analysts have also weighed in on the company. Susquehanna lifted their price target on Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a research report on Friday, November 1st. Oppenheimer boosted their target price on shares of Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Truist Financial upped their target price on shares of Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research report on Thursday, November 7th. Morgan Stanley lifted their price target on shares of Booking from $4,200.00 to $4,600.00 and gave the company an “equal weight” rating in a research report on Friday, November 1st. Finally, Baird R W upgraded shares of Booking to a “strong-buy” rating in a report on Wednesday, November 27th. Ten 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 stock presently has an average rating of “Moderate Buy” and an average target price of $4,972.75.

Booking Stock Performance

Booking stock opened at $4,796.10 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 $5,048.13 and its two-hundred day simple moving average is $4,335.11. The stock has a market cap of $158.74 billion, a price-to-earnings ratio of 32.54, a PEG ratio of 2.11 and a beta of 1.41.

Booking Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were issued a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date of this dividend was Friday, December 6th. Booking’s payout ratio is 23.75%.

Institutional Trading of Booking

Several large investors have recently added to or reduced their stakes in BKNG. Jamison Private Wealth Management Inc. purchased a new position in shares of Booking during the 3rd quarter worth $25,000. West Financial Advisors LLC bought a new stake in Booking during the third quarter valued at about $29,000. Addison Advisors LLC grew its holdings in Booking by 80.0% during the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 4 shares during the period. Fairscale Capital LLC purchased a new stake in Booking in the second quarter worth about $41,000. Finally, Carmichael Hill & Associates Inc. raised its stake in shares of Booking by 66.7% in the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after buying an additional 4 shares during the period. 92.42% of the stock is currently 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.