Booking Holdings Inc.

BKNG-Q

NASDAQ:BKNG

1,703.76
33.78 (2.02%)

Analysis and Opinions about BKNG-Q

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
March 9, 2020
He has looked closely at it and the biggest struggle was trying them out and getting moved to Google. He would rather avoid it.
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He has looked closely at it and the biggest struggle was trying them out and getting moved to Google. He would rather avoid it.
PARTIAL BUY
PARTIAL BUY
February 27, 2020
We don't know the magnitude of coronavirus effect. High growth name. Largest online company. Likes it. Very sold off. 16x earnings, with 13% growth rate. Stock's trading in a worst case scenario. A bit concerning that it's below 200-day moving average. Layer in, don't take a full position.
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We don't know the magnitude of coronavirus effect. High growth name. Largest online company. Likes it. Very sold off. 16x earnings, with 13% growth rate. Stock's trading in a worst case scenario. A bit concerning that it's below 200-day moving average. Layer in, don't take a full position.
PAST TOP PICK
PAST TOP PICK
February 4, 2020
(A Top Pick Jan 22/19, Up 9%) They're in a very competitive space with many booking vacations online. Also, the virus has hit them. But margins in this sector will be tight.
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(A Top Pick Jan 22/19, Up 9%) They're in a very competitive space with many booking vacations online. Also, the virus has hit them. But margins in this sector will be tight.
TOP PICK
TOP PICK
January 30, 2020
In general, taking advantage of recent downturn. Largest online travel agency. Operate a number of brands. 17x earnings, 15% growth rate. PEG ratio of 1.1. May still be choppiness ahead, but a good opportunity. Stock is oversold. No dividend. (Analysts’ price target is $2150.19)
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In general, taking advantage of recent downturn. Largest online travel agency. Operate a number of brands. 17x earnings, 15% growth rate. PEG ratio of 1.1. May still be choppiness ahead, but a good opportunity. Stock is oversold. No dividend. (Analysts’ price target is $2150.19)
PAST TOP PICK
PAST TOP PICK
December 3, 2019
(A Top Pick Jan 22/19, Up 10%) Competition has since gotten fierce, so he sold it. It's still a good sector because of growing demand from Asian tourists. He made some money.
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(A Top Pick Jan 22/19, Up 10%) Competition has since gotten fierce, so he sold it. It's still a good sector because of growing demand from Asian tourists. He made some money.
WEAK BUY
WEAK BUY
November 21, 2019
Growth-oriented. Trading at 16-17x earnings, with a 16% growth rate, so PEG is cheap. But can be affected by global macro picture, so be somewhat careful. Valuation is good for type of growth you're looking at right now.
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Growth-oriented. Trading at 16-17x earnings, with a 16% growth rate, so PEG is cheap. But can be affected by global macro picture, so be somewhat careful. Valuation is good for type of growth you're looking at right now.
TOP PICK
TOP PICK
August 22, 2019
Former priceline.com. It is not cheap but their earnings are over $100 per share. That is below 20 times but growing quickly. (Analysts’ price target is $2085.37)
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Former priceline.com. It is not cheap but their earnings are over $100 per share. That is below 20 times but growing quickly. (Analysts’ price target is $2085.37)
PAST TOP PICK
PAST TOP PICK
June 26, 2019
(A Top Pick Jun 07/18, Down 13%) The former PriceLine company. He still likes this holding. It has been one of the most successful NYSE listing in the past two decades. He originally bought it for under $20 over 15 years ago. The company will make $100 per share this year. It trades at about 18 times earnings, in line with how fast revenues are growing. It continues to expand and has thousands of property listings, including Europe. He would continue to hold it.
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(A Top Pick Jun 07/18, Down 13%) The former PriceLine company. He still likes this holding. It has been one of the most successful NYSE listing in the past two decades. He originally bought it for under $20 over 15 years ago. The company will make $100 per share this year. It trades at about 18 times earnings, in line with how fast revenues are growing. It continues to expand and has thousands of property listings, including Europe. He would continue to hold it.
PAST TOP PICK
PAST TOP PICK
May 30, 2019
(A Top Pick Jun 07/18, Down 21%) Their earnings deteriorated when they changed their advertizing approach. They are now seeing a sharp increase in bookings and he thinks the stock price will soon show this. This stock deserves a higher multiple. (Analysts’ price target is $116.00)
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(A Top Pick Jun 07/18, Down 21%) Their earnings deteriorated when they changed their advertizing approach. They are now seeing a sharp increase in bookings and he thinks the stock price will soon show this. This stock deserves a higher multiple. (Analysts’ price target is $116.00)
TOP PICK
TOP PICK
January 22, 2019
They want to book every aspect of vacations--do it all. The growth of middle class tourism in Asia (China and India) is taking off, and Bookings will benefit. (Analysts’ price target is $2206.41)
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They want to book every aspect of vacations--do it all. The growth of middle class tourism in Asia (China and India) is taking off, and Bookings will benefit. (Analysts’ price target is $2206.41)
PAST TOP PICK
PAST TOP PICK
November 27, 2018
(A Top Pick Oct 03/17, Down 2%) One of their strengths will be in Asia where there's a spike in Asian tourists. This is "experiential consumerism" where people value experiences over buying a house, particularly those under age 40. This kind of consumer spending is growing faster than the overall economy. This includes rock concerts and cruises in addition to travel.
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(A Top Pick Oct 03/17, Down 2%) One of their strengths will be in Asia where there's a spike in Asian tourists. This is "experiential consumerism" where people value experiences over buying a house, particularly those under age 40. This kind of consumer spending is growing faster than the overall economy. This includes rock concerts and cruises in addition to travel.
PAST TOP PICK
PAST TOP PICK
August 21, 2018

(A Top Pick September 19, 2017. Up 2%). This is one of the most successful companies on the exchange. There are some issues for the company, coming out of its advertising. They are trying to remedy that to get higher margin growth. He thinks the company has a good future.

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(A Top Pick September 19, 2017. Up 2%). This is one of the most successful companies on the exchange. There are some issues for the company, coming out of its advertising. They are trying to remedy that to get higher margin growth. He thinks the company has a good future.

TOP PICK
TOP PICK
June 7, 2018

Booking.com has become the core of the growth of this company. Their main target area is Europe. They have 1.5 million signed up lodgings and book a million bookings a day. (Analysts’ target: $2504.70).

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Booking.com has become the core of the growth of this company. Their main target area is Europe. They have 1.5 million signed up lodgings and book a million bookings a day. (Analysts’ target: $2504.70).

BUY
BUY
March 14, 2018

He's long owned this and enjoyed phenomenal success. Booking has 475,000 relationships with hotels worldwide and continues to grow. A strong company.

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He's long owned this and enjoyed phenomenal success. Booking has 475,000 relationships with hotels worldwide and continues to grow. A strong company.

BUY
BUY
February 16, 2018

Owns this name. If it gets above 2,000 it would “vanquish the enemy”. Pattern indicates that it should move higher. Interesting business model. Good name.

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Owns this name. If it gets above 2,000 it would “vanquish the enemy”. Pattern indicates that it should move higher. Interesting business model. Good name.

BUY
BUY
November 29, 2017

Trades at a decent valuation. Only about 35% of travel bookings are done online. People still use travel agents. This is a great emerging market story, because as per capital income rises in emerging markets, you are going to see travel spending increasing significantly.

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Trades at a decent valuation. Only about 35% of travel bookings are done online. People still use travel agents. This is a great emerging market story, because as per capital income rises in emerging markets, you are going to see travel spending increasing significantly.

PAST TOP PICK
PAST TOP PICK
November 27, 2017

(A Top Pick Dec 20/16. Up 18%.) Thinks this company can still grow 15% a year for the next few years. It continues to dominate online travel, especially in Europe where it has the most hotel properties of any of its competitors.

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(A Top Pick Dec 20/16. Up 18%.) Thinks this company can still grow 15% a year for the next few years. It continues to dominate online travel, especially in Europe where it has the most hotel properties of any of its competitors.

COMMENT
COMMENT
November 10, 2017

Took a pretty severe haircut. This is a high beta stock, which reacts pretty meaningfully both up and down. They said that although they had outperformed and beaten the current quarter’s earning and revenue estimates, the 4th quarter will not be as strong as what the street was anticipating. They are changing their advertising model slightly. They’ll make $73-$74 per share in 2017, so we are talking $.50 on $74. Next year they will make in the mid-$80 range in EPS. They are growing gross bookings in the mid-20% year-over-year. A very, very well-run company. Online searches travel is still a nascent business. There is a long runway for them.

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Took a pretty severe haircut. This is a high beta stock, which reacts pretty meaningfully both up and down. They said that although they had outperformed and beaten the current quarter’s earning and revenue estimates, the 4th quarter will not be as strong as what the street was anticipating. They are changing their advertising model slightly. They’ll make $73-$74 per share in 2017, so we are talking $.50 on $74. Next year they will make in the mid-$80 range in EPS. They are growing gross bookings in the mid-20% year-over-year. A very, very well-run company. Online searches travel is still a nascent business. There is a long runway for them.

BUY
BUY
October 18, 2017

He really likes Internet retail. This stock pulled back twice to the 150-day moving average this summer. A great business and a good way to participate.

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He really likes Internet retail. This stock pulled back twice to the 150-day moving average this summer. A great business and a good way to participate.

TOP PICK
TOP PICK
October 3, 2017

Thinks online travel booking, which is only 25% of the market in Asia right now, is going to be huge, and this company is only one of 2 huge players in the industry right now. It is going to make a lot of money going forward. The stock is down about 10% from where it was and has a wonderful growth profile ahead of it. (Analysts’ price target is $2,100.)

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Thinks online travel booking, which is only 25% of the market in Asia right now, is going to be huge, and this company is only one of 2 huge players in the industry right now. It is going to make a lot of money going forward. The stock is down about 10% from where it was and has a wonderful growth profile ahead of it. (Analysts’ price target is $2,100.)

PARTIAL BUY
PARTIAL BUY
September 21, 2017

Got a little weak. In early August, it made a new high and then came back down. It has a moving average at around $1735, which would be a base. It would probably line up with the bottoms of the last several months. If buying for new clients today, he would not take a full position. He would rather pay a little more, and wait for it surge to around $1940 to get a full position. A well-run company that is well followed on the street.

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Got a little weak. In early August, it made a new high and then came back down. It has a moving average at around $1735, which would be a base. It would probably line up with the bottoms of the last several months. If buying for new clients today, he would not take a full position. He would rather pay a little more, and wait for it surge to around $1940 to get a full position. A well-run company that is well followed on the street.

TOP PICK
TOP PICK
September 19, 2017

This has been one of the best performing stocks in the NYSE’s history. Had owned this about 15 years ago at $19, but the multiple is lower today than it was then. They will make somewhere in the neighbourhood of $78 a share in earnings this year, and may even touch $90 a share next year. They’ve been very acquisitive over their lifespan. (Analysts’ price target is $2,100.)

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This has been one of the best performing stocks in the NYSE’s history. Had owned this about 15 years ago at $19, but the multiple is lower today than it was then. They will make somewhere in the neighbourhood of $78 a share in earnings this year, and may even touch $90 a share next year. They’ve been very acquisitive over their lifespan. (Analysts’ price target is $2,100.)

WATCH
WATCH
August 18, 2017

The PE is 38 times earnings and 22 times forward earnings. The optimal time to buy is September 25th with a sell date of April 30th. It should return 23.92% according to seasonal averages. This year it had a gap lower. It had a parabolic rise this year and so you expect that to alleviate. $1728 would be the ideal point to pick it up at.

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The PE is 38 times earnings and 22 times forward earnings. The optimal time to buy is September 25th with a sell date of April 30th. It should return 23.92% according to seasonal averages. This year it had a gap lower. It had a parabolic rise this year and so you expect that to alleviate. $1728 would be the ideal point to pick it up at.

BUY
BUY
August 9, 2017

He likes the space. Online travel has double digit growth and secular trends are good. Valuation has probably got a little stretched. Taking a bit of a hit today as their guidance was a little squishy compared to what people were hoping for. They did beat estimates. This is in a space which is really over-loved, a flag for caution. A well-run company. There will be some volatility.

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He likes the space. Online travel has double digit growth and secular trends are good. Valuation has probably got a little stretched. Taking a bit of a hit today as their guidance was a little squishy compared to what people were hoping for. They did beat estimates. This is in a space which is really over-loved, a flag for caution. A well-run company. There will be some volatility.

PAST TOP PICK
PAST TOP PICK
July 18, 2017

(A Top Pick June 24/16. Up 60.39%.) This has done an amazing job. It is a poster child for what a network affect is. They have the best hotel listings, they get the most customers, and because they have the most customers booking, they get more hotel listings. The runway for this company is still significant.

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(A Top Pick June 24/16. Up 60.39%.) This has done an amazing job. It is a poster child for what a network affect is. They have the best hotel listings, they get the most customers, and because they have the most customers booking, they get more hotel listings. The runway for this company is still significant.

TOP PICK
TOP PICK
June 21, 2017

A good example of a stock that will benefit from a lot of technology trends of more and more people doing things online. 30% of travel bookings are done online right now, still a relatively low number. The industry is dominated by 2 players, Priceline and Expedia. The estimated P/E of 42X is way too high. Next year’s estimates are closer to 21X, and if you strip out cash, it is actually below 20X. They are going to be able to grow through acquisition, which they’ve done a good job of. (Analysts’ price target is $2040.)

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A good example of a stock that will benefit from a lot of technology trends of more and more people doing things online. 30% of travel bookings are done online right now, still a relatively low number. The industry is dominated by 2 players, Priceline and Expedia. The estimated P/E of 42X is way too high. Next year’s estimates are closer to 21X, and if you strip out cash, it is actually below 20X. They are going to be able to grow through acquisition, which they’ve done a good job of. (Analysts’ price target is $2040.)

HOLD
HOLD
May 11, 2017

He has 2 different Stop methods, and he is really close to the Trailing Stop. He uses $1791 and $1773, and this is really close to that. The chart shows a nice long upward trend developing.

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He has 2 different Stop methods, and he is really close to the Trailing Stop. He uses $1791 and $1773, and this is really close to that. The chart shows a nice long upward trend developing.

PAST TOP PICK
PAST TOP PICK
May 2, 2017

(A Top Pick March 23/16. Up 44%.) Has been involved with for a long time. Their holding of Booking.Com has been a major home run for them. It was involved in hotel reservations, especially European operations, where there are not a lot of chains, but single owner proprietor hotels, which need exposure.

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(A Top Pick March 23/16. Up 44%.) Has been involved with for a long time. Their holding of Booking.Com has been a major home run for them. It was involved in hotel reservations, especially European operations, where there are not a lot of chains, but single owner proprietor hotels, which need exposure.

PAST TOP PICK
PAST TOP PICK
April 17, 2017

(Top Pick June 24/16, Up 43%) It’s a very volatile name. It has the best on-line booking platform in the world. They generate great margins. It is growing 20% a year and trading at 20 times earnings, ex cash.

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(Top Pick June 24/16, Up 43%) It’s a very volatile name. It has the best on-line booking platform in the world. They generate great margins. It is growing 20% a year and trading at 20 times earnings, ex cash.

PAST TOP PICK
PAST TOP PICK
February 16, 2017

(Top Pick Jan 5/16, Up 36.19%) It has a healthy market share in the travel industry worldwide.

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(Top Pick Jan 5/16, Up 36.19%) It has a healthy market share in the travel industry worldwide.

TOP PICK
TOP PICK
December 20, 2016

This company has such a huge runway of opportunity. Only 35% of all travel bookings are done online, and the rest are done through travel agents. This company makes most of its money, not in North America, but in Europe and Asia. It only has a 10% market share of online bookings. A fast growing company, 15%-20% revenue growth, and trading at a reasonable valuation. A stock that could benefit from a repatriation of capital, as it has over $10 billion of cash offshore. No dividend. (Analysts’ price target is $1733.74.)

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This company has such a huge runway of opportunity. Only 35% of all travel bookings are done online, and the rest are done through travel agents. This company makes most of its money, not in North America, but in Europe and Asia. It only has a 10% market share of online bookings. A fast growing company, 15%-20% revenue growth, and trading at a reasonable valuation. A stock that could benefit from a repatriation of capital, as it has over $10 billion of cash offshore. No dividend. (Analysts’ price target is $1733.74.)

PAST TOP PICK
PAST TOP PICK
November 30, 2016

(A Top Pick Nov 27/15. Up 20.77%.) An online travel company. Their biggest property is Booking.com. They have thousands of properties, many of them in Europe which, isn’t as populated by hotel chains as North America is. They are going to earn high $60 EPS this year, and are going to skip the $70 next year, as the consensus is $80 EPS for 2017.

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(A Top Pick Nov 27/15. Up 20.77%.) An online travel company. Their biggest property is Booking.com. They have thousands of properties, many of them in Europe which, isn’t as populated by hotel chains as North America is. They are going to earn high $60 EPS this year, and are going to skip the $70 next year, as the consensus is $80 EPS for 2017.

PAST TOP PICK
PAST TOP PICK
November 22, 2016

(A Top Pick Nov 2/15. Up 4.65%.) One of the hallmarks of a good market is that leadership should broaden to new groups. One of the groups that was noticeably absent from the market was consumer discretionary. Early in the fall, the travel and leisure group started to lift. This is a dominant company in the travel business. He would buy this today.

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(A Top Pick Nov 2/15. Up 4.65%.) One of the hallmarks of a good market is that leadership should broaden to new groups. One of the groups that was noticeably absent from the market was consumer discretionary. Early in the fall, the travel and leisure group started to lift. This is a dominant company in the travel business. He would buy this today.

TOP PICK
TOP PICK
August 3, 2016

One of the most successful companies on the exchange. It has done extremely well through the years, and continues to do so. An online travel company, and owns booking.com, open table, Kayak. Very, very successful and high growth. Gross bookings rise anywhere from 25% to 30% year-over-year on a quarterly basis. He is looking for about $67 a share in earnings this year, and probably at $80 for next year.

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One of the most successful companies on the exchange. It has done extremely well through the years, and continues to do so. An online travel company, and owns booking.com, open table, Kayak. Very, very successful and high growth. Gross bookings rise anywhere from 25% to 30% year-over-year on a quarterly basis. He is looking for about $67 a share in earnings this year, and probably at $80 for next year.

TOP PICK
TOP PICK
June 24, 2016

This is getting absolutely decimated today. They get 75% of their revenues from Europe. Their biggest entity is Booking.Com, a wonderful, wonderful company and benefits from the network affect. They have the most hotels and they are smart operators. A beautiful balance sheet that generates gobs of free cash. Unbelievable margins. Anything exposed to Europe right now is getting his head handed to it, but this is a wonderful buying opportunity.

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This is getting absolutely decimated today. They get 75% of their revenues from Europe. Their biggest entity is Booking.Com, a wonderful, wonderful company and benefits from the network affect. They have the most hotels and they are smart operators. A beautiful balance sheet that generates gobs of free cash. Unbelievable margins. Anything exposed to Europe right now is getting his head handed to it, but this is a wonderful buying opportunity.

TOP PICK
TOP PICK
March 23, 2016

He chose this because of what happened in Belgium in the last couple of days. This always trades off on these terrorists’ events. It is a fact that people will continue to travel, and this company will continue to do well. Trading at about 19X this year and about 18X next year. They have layered on internet options such as Booking.com, OpenTable for dinner reservations, Kayak for flights.

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