Booking (BKNG) Expected to Announce Quarterly Earnings on Thursday

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

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $5,141.88 on Wednesday. The firm has a market cap of $170.18 billion, a PE ratio of 34.89, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39. The firm’s 50 day simple moving average is $4,917.64 and its 200-day simple moving average is $4,520.66. Booking has a one year low of $3,180.00 and a one year high of $5,337.24.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BKNG. UBS Group lifted their price objective on shares of Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Truist Financial lifted their price objective on shares of Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a report on Thursday, November 7th. Wedbush lifted their price objective on shares of Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a report on Monday, January 6th. Wells Fargo & Company cut their price objective on shares of Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating on the stock in a report on Thursday, January 16th. Finally, Oppenheimer lifted their price objective on shares of Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Nine equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Booking has an average rating of “Moderate Buy” and a consensus price target 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.