Booking (BKNG) to Release Earnings on Thursday

Booking (NASDAQ:BKNG) is projected to announce its earnings results after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $35.82 per share and revenue of $5.18 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Booking Stock Up 0.7 %

NASDAQ BKNG opened at $5,044.40 on Tuesday. The company has a 50-day simple moving average of $4,919.75 and a two-hundred day simple moving average of $4,510.94. Booking has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The firm has a market cap of $166.97 billion, a price-to-earnings ratio of 34.23, a PEG ratio of 1.65 and a beta of 1.39.

Analysts Set New Price Targets

Several analysts have issued reports on BKNG shares. B. Riley upped their price target on shares of Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Susquehanna upped their price objective on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a report on Friday, November 1st. The Goldman Sachs Group increased their price target on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Bank of America raised their target price on shares of Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a report on Wednesday, December 18th. Finally, StockNews.com upgraded shares of Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. Nine investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Booking presently has a consensus rating of “Moderate Buy” and a consensus target price of $5,044.43.

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.