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Investor Insights

This summary was created by AI, based on 8 opinions in the last 12 months.

Experts believe that Booking Holdings Inc. has been performing well with high single-digit revenue growth and aggressive capital return policies. The company has a strong balance sheet with a net debt of $15B and has started to pay dividends for the first time. However, there are some concerns over Middle East bookings and potential fines for competitive pricing in Spain. Overall, the stock is considered to be relatively cheap and may offer attractive entry points.

Consensus
positive
Valuation
Fair Value
BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

BKNG has done pretty well since that price target. All the engines for value creation have worked quite well recently, with high single-digit revenue growth and aggressive capital return policies. We expect BKNG will continue to do well in the near term and we would be comfortable revisiting BKNG again if it drops below $3900.
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department stores
PAST TOP PICK
(A Top Pick Oct 17/23, Up 59%)

Has owned this for nearly 25 years when it was Priceline.com. An asset-lite company, so few capital investments. Their success comes from relationships with European hotels, which are small and not big chains (as in the U.S.). BKNG now owns Kayak, Open Table among many.  Connected Trips is their latest success. Trades below the market PE. He predicts $200 EPS in the next report, so growing rapidly. People continue to travel.

department stores
WEAK BUY

Airlines in general have high debt levels, economic risk, sensitivity to the consumer, fuel price volatility. In the travel space, he'd rather own a BKNG or EXPE, where there are no capital costs. Or even a cruise line, which has demographics behind it.

department stores
WEAK BUY

Very competitive marketplace. Down today on overwhelming concern about consumer spending and prospects for travel for the next 12 months. Better positioned than EXPE, because Expedia's multiple brands cause confusion.

Generative AI is a concern for the future, as it may circumvent the go-between status of BKNG and EXPE and provide a personalized travel experience.

department stores
BUY

He'd rather own businesses hurt during pandemic, but are better today. Cruising business is tough. He'd rather own a BKNG, ABNB, MAR or HLT.

department stores
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
Showing 1 to 15 of 111 entries

Booking Holdings Inc.(BKNG-Q) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

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. 8 analysts recommended to BUY the stock. 0 analysts 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 2024-12-13, Booking Holdings Inc. (BKNG-Q) stock closed at a price of $5227.61.