News stories about Booking (NASDAQ:BKNG) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Booking earned a news impact score of 0.15 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 45.1015626791416 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Kale unveils India’s first one-stop e-booking platform to ease cargo booking (stattimes.com)
- The Importance of Networking: How To Get Your Band Booked at a Music Venue (dallasobserver.com)
- Dana White on booking Ferguson vs Khabib a fifth time: HELL NO! (Video) (mmamania.com)
- Southwest Louisiana Booking Report: Friday, March 31 (kplctv.com)
- People in UK manage only 37 days at home before booking next holiday, study finds (independent.co.uk)
A number of research analysts have recently weighed in on BKNG shares. Credit Suisse Group upgraded Booking to a “buy” rating in a research report on Wednesday, February 7th. Royal Bank of Canada raised their price objective on Booking to $2,500.00 and gave the company an “outperform” rating in a research report on Wednesday, February 28th. Zacks Investment Research lowered Booking from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. SunTrust Banks restated a “buy” rating on shares of Booking in a research report on Monday, February 26th. Finally, JMP Securities lifted their price target on Booking from $1,950.00 to $2,100.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 24th. Nine investment analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and one has assigned a strong buy rating to the stock. Booking currently has a consensus rating of “Buy” and an average target price of $2,065.66.
Shares of NASDAQ:BKNG traded down $49.53 during trading hours on Monday, hitting $2,030.86. 370,607 shares of the company’s stock traded hands, compared to its average volume of 506,818. Booking has a 1 year low of $1,630.56 and a 1 year high of $2,228.99. The firm has a market capitalization of $100,459.10, a PE ratio of 26.36, a price-to-earnings-growth ratio of 1.37 and a beta of 1.26. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.58 and a quick ratio of 2.58.
Booking (NASDAQ:BKNG) last announced its earnings results on Tuesday, February 27th. The business services provider reported $16.86 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $14.12 by $2.74. Booking had a return on equity of 21.12% and a net margin of 18.46%. The business had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.70 billion. equities research analysts expect that Booking will post 87.34 EPS for the current fiscal year.
In other news, CEO Gillian Tans sold 123 shares of Booking stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $1,850.86, for a total transaction of $227,655.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jeffrey E. Epstein sold 250 shares of Booking stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $2,020.00, for a total transaction of $505,000.00. The disclosure for this sale can be found here. Insiders have sold 4,419 shares of company stock valued at $9,550,806 in the last 90 days. Company insiders own 0.24% of the company’s stock.
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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.
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