Booking’s (BKNG) “Buy (B)” Rating Reiterated at Weiss Ratings

Weiss Ratings restated their buy (b) rating on shares of Booking (NASDAQ:BKNG) in a research report sent to investors on Tuesday,Weiss Ratings reports.

Several other research firms also recently weighed in on BKNG. Erste Group Bank raised shares of Booking from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Barclays boosted their target price on shares of Booking from $5,700.00 to $6,000.00 and gave the company an “overweight” rating in a research note on Wednesday, July 30th. DA Davidson increased their target price on Booking from $5,750.00 to $6,500.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Cantor Fitzgerald reiterated a “neutral” rating on shares of Booking in a report on Wednesday, July 30th. Finally, BTIG Research reissued a “buy” rating and set a $6,250.00 price target on shares of Booking in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, Booking presently has an average rating of “Moderate Buy” and an average target price of $5,808.81.

Booking Stock Down 2.5%

BKNG opened at $4,952.31 on Tuesday. The business has a fifty day simple moving average of $5,465.79 and a 200-day simple moving average of $5,329.75. The firm has a market cap of $160.50 billion, a PE ratio of 34.44, a P/E/G ratio of 1.57 and a beta of 1.35. Booking has a fifty-two week low of $4,096.23 and a fifty-two week high of $5,839.41.

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

Booking Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were given a $9.60 dividend. This represents a $38.40 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Friday, September 5th. Booking’s dividend payout ratio is presently 26.71%.

Insider Activity

In related news, CEO Glenn D. Fogel sold 625 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $5,141.53, for a total value of $3,213,456.25. Following the completion of the sale, the chief executive officer owned 22,982 shares of the company’s stock, valued at approximately $118,162,642.46. The trade was a 2.65% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Vanessa Ames Wittman sold 15 shares of the stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $5,291.98, for a total value of $79,379.70. Following the completion of the transaction, the director owned 732 shares in the company, valued at $3,873,729.36. This represents a 2.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,197 shares of company stock worth $17,260,963 in the last three months. 0.16% of the stock is owned by insiders.

Institutional Investors Weigh In On Booking

A number of large investors have recently bought and sold shares of BKNG. Norges Bank acquired a new position in Booking during the second quarter valued at approximately $2,210,917,000. Laurel Wealth Advisors LLC boosted its holdings in shares of Booking by 578,824.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 289,462 shares of the business services provider’s stock worth $1,675,765,000 after buying an additional 289,412 shares during the period. Vestor Capital LLC grew its stake in Booking by 658,925.0% in the 2nd quarter. Vestor Capital LLC now owns 105,444 shares of the business services provider’s stock valued at $610,441,000 after buying an additional 105,428 shares during the last quarter. Pacer Advisors Inc. grew its stake in Booking by 1,411.9% in the 1st quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider’s stock valued at $516,900,000 after buying an additional 104,780 shares during the last quarter. Finally, Symphony Financial Ltd. Co. bought a new position in Booking in the 2nd quarter worth $536,675,000. 92.42% of the stock is currently owned by institutional investors.

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.