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Investor Insights

This summary was created by AI, based on 10 opinions in the last 12 months.

Experts have provided mixed reviews on Booking Holdings Inc. Some highlight its strong balance sheet, including low debt and high cash reserves, as well as its aggressive share buybacks and recent initiation of dividends. Others note concerns about the impact of the war in the Middle East on its business and the potential for a significant fine in Spain. Despite strong financial performance, there are lingering worries about future bookings and the return of business travel. Overall, there is a sense of cautious optimism tempered by apprehension about upcoming challenges.

Consensus
Mixed
Valuation
Fair Value
BUY

It's a play on travel; people keep travelling and airlines are full as the boomers keep travelling. Remains a cheap stock, below the market multiple.

department stores
BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

BKNG is now trading at 20.4x times the forward P/E. In the 4Q-2023, BKNG’s revenue grew 18% to $4.8B, beating estimates of $4.7B and EPS was $32.00 beating estimates of $30.05, the results beat both top and bottom lines. The balance sheet is strong, with a net debt of $15B and net debt/EBITDA of 0.3x. Based on consensus estimates, sales are expected to grow by 9% over the next few years. Overall, a decent quarter, but some concern over Middle East bookings hurt sentiment. The company has been repurchasing shares aggressively in recent quarters and started to pay dividends for the very first time, which we like. The valuation here is not too expensive, and we think the drop may offer attractive entry points. It may face a E500 million fine for competitive pricing in Spain, but on its $120B market cap this is essentially just a cost of doing business and highlights its market dominance.
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department stores
BUY

Shares were beaten down 10% today, but their sales are growing 11-12%. Business would be better if not for the war in the Middle East.

department stores
DON'T BUY

They just reported, but shares fell. Gross bookings, revenue and adjusted EPS all beat. Some of these were record numbers, and they bear their peer, Expedia in some categories. But the market punished them for their dour guidance, particular the impact of the Israel-Hamas was. Booking's business is international, with only 13% of sales from the U.S. Trades at a high 17x 2024 PE.

department stores
TOP PICK

Not just online travel bookings, but they also car rentals, Open Table for restaurant bookings, and Kayak, so they cross-sell. Highly profitable. They earn $140/share in 2023 and projects $160 in 2024. Not expensive.

(Analysts’ price target is $3469.94)
department stores
HOLD
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

Total obligations have gone from $13.1B at year end 2022 to $14.5B at June 30 2023. While $1.4B is a 'lot' we also note that cash grew $500M in the same period, and total cash is $15.7B, more than total debt. Thus, we would not consider debt high at all here in the big picture. Also, the balance sheet movements largely reflect a massive amount ($9B) of share buybacks in the past year. With near $7B in free cash flow annually, we would consider the balance sheet exceptionally strong. 
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department stores
BUY

The former Priceline (and currently owns several online travel companies) is noted for its share buybacks (buying 8% of shares this year). Shares are up 52% this year.

department stores
COMMENT

Shares are popping 9% on earnings. He wonders about future bookings into the fall, which could be the canary in the coalmine; people can book trips ahead, but cancel later. Capacities have been tight in planes and lodging. What will cancellations be like? Also, he's not sure business travel will return this fall, given the work from home trend.

department stores
HOLD

Shares are popping 9% on earnings. They have a lot more international exposure than Expedia. Also good was that their US business was up nearly 10%. Also, there's no sign of slowing in travel. She's sticking with her position and make take profits later.

department stores
PAST TOP PICK
(A Top Pick Jul 12/22, Up 62%)

Fabulous company that was thrown in the trash. Controls lots of franchises within the ecosystem of the travel industry, and doing a great job. Growth rates are probably around 20% per year.

department stores
PARTIAL SELL

She trimmed her holding recently. It's outperformed the market the past year and has had a good run. It's a discretionary and tech and about travel which is doing well, though possibly could slow. But still likes it and remains a large holding.

department stores
PAST TOP PICK
(A Top Pick Mar 10/22, Up 20%)

Not the value it was, but still good value. Growing rapidly. Asset light model was beneficial during pandemic. Estimated to earn $125 EPS in 2023. Notes that revenge travel won't go on forever. Well managed. 

department stores
PAST TOP PICK
(A Top Pick Nov 24/21, Down 14%) He sold on macro and geopolitical environment. Majority of revenue comes from Europe. Recession worries, war and energy crisis have impacted it negatively. On the flipside, sees travel surging. Business travel will lag.
department stores
TOP PICK
no price target given They own Booking.com, Priceline, Kayak, Open Table and RentalCars.com They cross-sell. Expects them to earn $100 per share in 2022 and $150 by 2025. Little debt. Reasonable PE in the high-10s. Great entry point now.
department stores
PAST TOP PICK
(A Top Pick May 19/21, Down 3%) Strong quarterly earnings, upped guidance. Huge pent-up demand. Sunny skies ahead. People in Europe are travelling, and most revenue comes from there. It will be a higher beta name based on news headlines.
department stores
Showing 1 to 15 of 106 entries

Booking Holdings Inc.(BKNG-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 8

Stockchase rating for Booking Holdings Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Booking Holdings Inc.(BKNG-Q) Frequently Asked Questions

What is Booking Holdings Inc. stock symbol?

Booking Holdings Inc. is a American stock, trading under the symbol BKNG-Q on the NASDAQ (BKNG). It is usually referred to as NASDAQ:BKNG or BKNG-Q

Is Booking Holdings Inc. a buy or a sell?

In the last year, 8 stock analysts published opinions about BKNG-Q. 5 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Booking Holdings Inc..

Is Booking Holdings Inc. a good investment or a top pick?

Booking Holdings Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Booking Holdings Inc..

Why is Booking Holdings Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Booking Holdings Inc. worth watching?

8 stock analysts on Stockchase covered Booking Holdings Inc. In the last year. It is a trending stock that is worth watching.

What is Booking Holdings Inc. stock price?

On 2024-05-24, Booking Holdings Inc. (BKNG-Q) stock closed at a price of $3795.71.