$10.71 EPS Expected for Booking Holdings Inc. (BKNG) This Quarter

Analysts expect Booking Holdings Inc. (NASDAQ:BKNG) to post earnings per share of $10.71 for the current fiscal quarter, Zacks Investment Research reports. Nine analysts have issued estimates for Booking’s earnings. The highest EPS estimate is $11.25 and the lowest is $10.29. Booking reported earnings per share of $9.88 during the same quarter last year, which would indicate a positive year over year growth rate of 8.4%. The company is expected to announce its next earnings report on Tuesday, May 8th.

According to Zacks, analysts expect that Booking will report full-year earnings of $87.34 per share for the current financial year, with EPS estimates ranging from $82.21 to $91.62. For the next fiscal year, analysts anticipate that the company will report earnings of $99.57 per share, with EPS estimates ranging from $91.08 to $109.38. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that cover Booking.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Tuesday, February 27th. The business services provider reported $16.86 EPS for the quarter, topping the Zacks’ consensus estimate of $14.12 by $2.74. Booking had a net margin of 18.46% and a return on equity of 21.12%. The firm had revenue of $2.80 billion during the quarter, compared to analysts’ expectations of $2.70 billion.

A number of research firms have commented on BKNG. Barclays reaffirmed an “overweight” rating and set a $2,260.00 price objective on shares of Booking in a research report on Friday, March 16th. Mizuho began coverage on shares of Booking in a research report on Thursday. They set a “buy” rating and a $2,600.00 price objective for the company. Zacks Investment Research cut shares of Booking from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Argus raised shares of Booking from a “hold” rating to a “buy” rating and set a $2,520.00 price objective for the company in a research report on Thursday, March 8th. Finally, Needham & Company LLC lifted their price objective on shares of Booking from $2,000.00 to $2,500.00 and gave the stock a “buy” rating in a research report on Thursday, March 15th. Nine equities research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and one has given a strong buy rating to the company. Booking presently has an average rating of “Buy” and a consensus price target of $2,065.66.

In related news, CEO Gillian Tans sold 123 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $1,850.86, for a total transaction of $227,655.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Peter J. Millones sold 3,629 shares of the company’s stock in a transaction dated Thursday, March 15th. The stock was sold at an average price of $2,186.98, for a total transaction of $7,936,550.42. The disclosure for this sale can be found here. Insiders have sold 4,419 shares of company stock valued at $9,550,806 in the last ninety days. 0.24% of the stock is currently owned by company insiders.

Booking stock traded down $26.79 during mid-day trading on Thursday, reaching $2,087.01. 400,856 shares of the company’s stock were exchanged, compared to its average volume of 557,958. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.58 and a current ratio of 2.58. Booking has a 1 year low of $1,630.56 and a 1 year high of $2,228.99. The company has a market capitalization of $100,779.63, a PE ratio of 44.86, a price-to-earnings-growth ratio of 1.37 and a beta of 1.27.

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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.

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Earnings History and Estimates for Booking (NASDAQ:BKNG)

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