Wedbush Issues Pessimistic Estimate for Booking Earnings

Booking Holdings Inc. (NASDAQ:BKNG) – Equities research analysts at Wedbush dropped their Q2 2025 earnings per share (EPS) estimates for shares of Booking in a research report issued on Tuesday, April 15th. Wedbush analyst S. Devitt now expects that the business services provider will earn $44.33 per share for the quarter, down from their prior estimate of $49.27. 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 $209.92 per share. Wedbush also issued estimates for Booking’s Q3 2025 earnings at $88.67 EPS, Q4 2025 earnings at $41.54 EPS and FY2025 earnings at $190.96 EPS.

Several other brokerages have also recently issued reports on BKNG. Wells Fargo & Company dropped their target price on Booking from $5,248.00 to $4,567.00 and set an “equal weight” rating on the stock in a research report on Monday, April 7th. DA Davidson lifted their target price on Booking from $5,005.00 to $5,800.00 and gave the company a “buy” rating in a research note on Friday, February 21st. Royal Bank of Canada raised their price target on shares of Booking from $5,250.00 to $5,900.00 and gave the company an “outperform” rating in a report on Friday, February 21st. Citigroup boosted their price objective on shares of Booking from $5,500.00 to $5,800.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Finally, Mizuho raised their target price on shares of Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. Eleven analysts have rated the stock with a hold rating, twenty have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $5,278.66.

Booking Stock Performance

NASDAQ BKNG opened at $4,573.31 on Thursday. The company has a market cap of $150.07 billion, a PE ratio of 26.43, a P/E/G ratio of 1.71 and a beta of 1.37. Booking has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The firm’s 50 day moving average price is $4,695.61 and its 200-day moving average price is $4,771.47.

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

Booking Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 7th were given a $9.60 dividend. This is a positive change from Booking’s previous quarterly dividend of $8.75. The ex-dividend date was Friday, March 7th. This represents a $38.40 annualized dividend and a dividend yield of 0.84%. Booking’s dividend payout ratio (DPR) is 22.19%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Passumpsic Savings Bank boosted its stake in shares of Booking by 2.6% in the third quarter. Passumpsic Savings Bank now owns 699 shares of the business services provider’s stock worth $2,944,000 after acquiring an additional 18 shares during the last quarter. Virtu Financial LLC grew its holdings in shares of Booking by 268.5% during the third quarter. Virtu Financial LLC now owns 2,410 shares of the business services provider’s stock worth $10,147,000 after buying an additional 1,756 shares in the last quarter. World Investment Advisors LLC raised its position in shares of Booking by 3,561.9% in the third quarter. World Investment Advisors LLC now owns 3,076 shares of the business services provider’s stock valued at $12,955,000 after buying an additional 2,992 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its stake in shares of Booking by 27.6% in the third quarter. Wilmington Savings Fund Society FSB now owns 1,550 shares of the business services provider’s stock worth $6,529,000 after buying an additional 335 shares in the last quarter. Finally, Inspire Trust Co. N.A. boosted its position in Booking by 404.4% during the third quarter. Inspire Trust Co. N.A. now owns 459 shares of the business services provider’s stock worth $1,933,000 after acquiring an additional 368 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

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.