B. Riley Issues Pessimistic Estimate for Booking Earnings

Booking Holdings Inc. (NASDAQ:BKNG) – Equities researchers at B. Riley lowered their Q1 2025 EPS estimates for Booking in a research note issued to investors on Monday, April 7th. B. Riley analyst N. Khan now forecasts that the business services provider will earn $10.49 per share for the quarter, down from their prior estimate of $13.21. B. Riley currently has a “Buy” rating and a $6,000.00 target price on the stock. The consensus estimate for Booking’s current full-year earnings is $209.92 per share. B. Riley also issued estimates for Booking’s Q2 2025 earnings at $42.96 EPS, Q3 2025 earnings at $86.75 EPS, Q4 2025 earnings at $39.79 EPS, FY2025 earnings at $179.28 EPS, FY2026 earnings at $225.87 EPS, FY2027 earnings at $286.29 EPS, FY2028 earnings at $354.27 EPS and FY2029 earnings at $434.62 EPS.

Booking (NASDAQ:BKNG) last released its quarterly earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share for the quarter, beating analysts’ consensus estimates of $35.82 by $5.73. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The business had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.18 billion.

BKNG has been the subject of a number of other research reports. Citigroup boosted their target price on shares of Booking from $5,500.00 to $5,800.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. JPMorgan Chase & Co. reduced their target price on Booking from $5,750.00 to $4,850.00 and set an “overweight” rating for the company in a research report on Tuesday. Cantor Fitzgerald lifted their price objective on Booking from $4,900.00 to $5,540.00 and gave the company a “neutral” rating in a report on Friday, February 21st. Royal Bank of Canada upped their target price on shares of Booking from $5,250.00 to $5,900.00 and gave the stock an “outperform” rating in a report on Friday, February 21st. Finally, UBS Group increased their price target on Booking from $5,560.00 to $5,960.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Ten investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $5,327.28.

Booking Stock Performance

BKNG opened at $4,616.32 on Wednesday. The business has a 50 day moving average price of $4,721.35 and a 200 day moving average price of $4,760.98. Booking has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The firm has a market cap of $151.48 billion, a P/E ratio of 26.68, a price-to-earnings-growth ratio of 1.71 and a beta of 1.37.

Booking Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were paid a $9.60 dividend. This is a positive change from Booking’s previous quarterly dividend of $8.75. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date was Friday, March 7th. Booking’s payout ratio is currently 22.19%.

Institutional Investors Weigh In On Booking

Institutional investors have recently modified their holdings of the company. Optimist Retirement Group LLC grew its position in shares of Booking by 2.2% during the 3rd quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock worth $383,000 after buying an additional 2 shares during the period. Covestor Ltd grew its holdings in Booking by 6.9% during the fourth quarter. Covestor Ltd now owns 31 shares of the business services provider’s stock worth $158,000 after buying an additional 2 shares in the last quarter. SageView Advisory Group LLC grew its stake in shares of Booking by 1.6% in the 4th 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 increased its stake in Booking by 2.2% in the 4th quarter. Belpointe Asset Management LLC now owns 95 shares of the business services provider’s stock valued at $472,000 after buying an additional 2 shares during the last quarter. Finally, Elequin Capital LP increased its position in shares of Booking by 20.0% during the fourth quarter. Elequin Capital LP now owns 12 shares of the business services provider’s stock valued at $60,000 after acquiring 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.