Brokerages Set Booking Holdings Inc. (NASDAQ:BKNG) Price Target at $5,808.81

Booking Holdings Inc. (NASDAQ:BKNG) has been assigned an average recommendation of “Moderate Buy” from the thirty-two research firms that are currently covering the firm, MarketBeat.com reports. Ten analysts have rated the stock with a hold recommendation, nineteen have given a buy recommendation and three have given a strong buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $5,808.8148.

Several equities analysts recently commented on BKNG shares. Citigroup boosted their price target on Booking from $5,560.00 to $6,500.00 and gave the stock a “buy” rating in a research report on Wednesday, July 30th. Barclays boosted their price target on Booking from $5,700.00 to $6,000.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 30th. Evercore ISI lifted their price objective on Booking from $5,500.00 to $6,250.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Wells Fargo & Company upped their target price on Booking from $5,411.00 to $5,418.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 30th. Finally, Royal Bank Of Canada upped their target price on Booking from $5,900.00 to $6,100.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th.

Insider Activity

In other news, CEO Glenn D. Fogel sold 1,013 shares of the business’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $5,476.89, for a total value of $5,548,089.57. Following the completion of the sale, the chief executive officer owned 24,620 shares of the company’s stock, valued at approximately $134,841,031.80. The trade was a 3.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Larry Quinlan sold 64 shares of the business’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $5,587.11, for a total transaction of $357,575.04. Following the completion of the sale, the director directly owned 195 shares of the company’s stock, valued at $1,089,486.45. The trade was a 24.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,116 shares of company stock valued at $22,869,434 in the last three months. Insiders own 0.16% of the company’s stock.

Institutional Investors Weigh In On Booking

A number of institutional investors have recently made changes to their positions in BKNG. Brighton Jones LLC increased its holdings in shares of Booking by 34.9% in the 4th quarter. Brighton Jones LLC now owns 251 shares of the business services provider’s stock valued at $1,249,000 after acquiring an additional 65 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in shares of Booking in the 4th quarter valued at approximately $209,000. Fire Capital Management LLC bought a new stake in shares of Booking in the 4th quarter valued at approximately $248,000. Graham Capital Management L.P. bought a new stake in shares of Booking in the 4th quarter valued at approximately $224,000. Finally, Minot DeBlois Advisors LLC bought a new stake in shares of Booking in the 4th quarter valued at approximately $50,000. 92.42% of the stock is currently owned by institutional investors.

Booking Stock Performance

Booking stock opened at $5,498.00 on Tuesday. The stock’s 50 day moving average price is $5,599.28 and its 200 day moving average price is $5,211.57. The firm has a market capitalization of $178.19 billion, a PE ratio of 38.24, a price-to-earnings-growth ratio of 1.58 and a beta of 1.39. Booking has a one year low of $3,813.88 and a one year high of $5,839.41.

Booking (NASDAQ:BKNG) last released its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, topping the consensus estimate of $50.32 by $5.08. The firm had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.Booking’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same period in the previous year, the company posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. On average, analysts forecast that Booking will post 209.92 earnings per share for the current fiscal year.

Booking Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th will be given a $9.60 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. Booking’s payout ratio is presently 26.71%.

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.