Booking Holdings Inc.

(NASDAQ Global Select)
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Slightly Bullish +25

Booking Holdings (BKNG) Stock Drops Despite Market Gains: Important Facts to Note

Earnings report Financial outlook AI-generated analysis

πŸ“‰ BKNG shares dropped 1.63% to $160.26, underperforming the S&P 500 and Nasdaq in a positive market session.

πŸ“‰ The stock has declined 18.38% over the last month, trailing its Retail-Wholesale sector peers.

πŸ“… Investors await upcoming quarterly earnings with consensus EPS estimates of $4.49 and revenue of $9.57 billion.

πŸ“ˆ Full-year consensus forecasts project earnings of $10.5 per share and revenue of $29.28 billion.

πŸ“Š Projected full-year growth is expected to be 15.13% for earnings and 8.78% for revenue year-over-year.

πŸ” Recent analyst estimate revisions are being monitored as indicators of changing near-term business trends.

πŸ† BKNG currently holds a Zacks Rank of #3 (Hold) with the consensus EPS estimate up 0.08% recently.

πŸ’° The company trades at a Forward P/E ratio of 15.51, slightly above the industry average of 15.4.

πŸ“Š BKNG's PEG ratio stands at 1.01, which is lower than the Internet - Commerce industry average of 1.18.

🏭 The company operates within an industry ranked in the bottom 22% of all 250+ industries by Zacks.

Bullish Signals
  • Full-year consensus estimates project earnings of $10.5 per share, representing a 15.13% year-over-year increase.
  • Consensus revenue guidance for the full year is set at $29.28 billion, indicating an 8.78% growth rate.
  • The stock trades at a Forward P/E ratio of 15.51, which is slightly more attractive than the industry average of 15.4.
  • BKNG's PEG ratio of 1.01 suggests the stock is undervalued relative to its expected earnings growth compared to the sector average of 1.18.
Risk Factors
  • Shares fell 1.63% in the latest session, significantly underperforming the S&P 500 and Nasdaq during a market gain.
  • The stock has experienced an 18.38% decline over the past month, trailing its Retail-Wholesale sector peers.
  • BKNG currently holds a Zacks Rank of #3 (Hold), which is neutral compared to Strong Buy or Buy ratings.
Full Analysis
Booking Holdings (BKNG) shares declined 1.63% to close at $160.26, underperforming the broader S&P 500 and Nasdaq despite a generally positive market session. Over the past month, the stock has fallen 18.38%, trailing its Retail-Wholesale sector peers which saw an 5.49% loss. Investors are awaiting the company's upcoming quarterly earnings report, with consensus estimates projecting EPS of $4.49 and revenue of $9.57 billion. Analyst expectations for Booking Holdings indicate significant year-over-year growth, with full-year consensus estimates calling for earnings of $10.5 per share and revenue of $29.28 billion. These figures represent projected increases of 15.13% and 8.78% respectively compared to the prior year. Recent analyst estimate revisions suggest a shifting business landscape, though the company currently holds a Zacks Rank of #3 (Hold). From a valuation standpoint, BKNG trades at a Forward P/E ratio of 15.51, which is slightly above its industry average of 15.4. The stock also carries a PEG ratio of 1.01, indicating it is priced similarly to the Internet - Commerce industry average of 1.18 when accounting for expected earnings growth. However, the company's industry rank sits in the bottom 22% of all tracked industries according to Zacks metrics.