Cantor Fitzgerald Forecasts Reduced Earnings for Booking

Booking Holdings Inc. (NASDAQ:BKNG) – Investment analysts at Cantor Fitzgerald decreased their FY2025 earnings per share estimates for shares of Booking in a research report issued on Wednesday, January 29th. Cantor Fitzgerald analyst D. Mathivanan now forecasts that the business services provider will post earnings of $199.90 per share for the year, down from their prior estimate of $206.75. Cantor Fitzgerald has a “Neutral” rating and a $4,900.00 price target on the stock. The consensus estimate for Booking’s current full-year earnings is $181.73 per share.

BKNG has been the topic of several other reports. Citigroup upped their price objective on Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a report on Monday, November 4th. JMP Securities restated a “market outperform” rating and set a $5,400.00 price target on shares of Booking in a report on Wednesday, December 11th. DA Davidson increased their price target on Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a report on Thursday, October 31st. The Goldman Sachs Group increased their price target on Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Booking has a consensus rating of “Moderate Buy” and an average target price of $5,044.43.

Booking Price Performance

Shares of BKNG opened at $4,774.33 on Thursday. The stock has a market capitalization of $158.03 billion, a price-to-earnings ratio of 32.40, a price-to-earnings-growth ratio of 1.57 and a beta of 1.41. Booking has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The business’s 50 day simple moving average is $5,009.47 and its 200-day simple moving average is $4,424.49.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jamison Private Wealth Management Inc. acquired a new position in shares of Booking during the 3rd quarter worth about $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new position in shares of Booking during the 4th quarter worth about $25,000. New Wave Wealth Advisors LLC acquired a new position in shares of Booking during the 4th quarter worth about $25,000. West Financial Advisors LLC acquired a new position in shares of Booking during the 3rd quarter worth about $29,000. Finally, Valley National Advisers Inc. boosted its position in shares of Booking by 600.0% during the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock worth $36,000 after acquiring an additional 6 shares in the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

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.