Booking Holdings (BKNG) closed at $174.29 in the latest trading session, marking a -4.21% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.28%. At the same time, the Dow lost 1.09%, and the tech-heavy Nasdaq gained 0.2%.
Heading into today, shares of the online booking service had gained 10.95% over the past month, outpacing the Retail-Wholesale sector's gain of 0.18% and the S&P 500's gain of 1.64%.
Analysts and investors alike will be keeping a close eye on the performance of Booking Holdings in its upcoming earnings disclosure. The company's earnings report is set to go public on August 4, 2026. The company's upcoming EPS is projected at $2.47, signifying a 11.26% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $7.19 billion, showing a 5.74% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $10.44 per share and revenue of $29.4 billion, which would represent changes of +14.47% and +9.23%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Booking Holdings. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Right now, Booking Holdings possesses a Zacks Rank of #2 (Buy).
Looking at valuation, Booking Holdings is presently trading at a Forward P/E ratio of 17.43. This valuation marks no noticeable deviation compared to its industry average Forward P/E of 17.43.
Also, we should mention that BKNG has a PEG ratio of 1.09. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Internet - Commerce industry held an average PEG ratio of 1.09.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 181, placing it within the bottom 27% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow BKNG in the coming trading sessions, be sure to utilize Zacks.com.
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Booking Holdings Inc. (BKNG): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).