In the latest trading session, Booking Holdings (BKNG) closed at $172.83, marking a -2.83% move from the previous day. The stock's change was less than the S&P 500's daily loss of 1.21%. At the same time, the Dow lost 0.97%, and the tech-heavy Nasdaq lost 2.15%.
Coming into today, shares of the online booking service had lost 1.87% in the past month. In that same time, the Retail-Wholesale sector gained 2.27%, while the S&P 500 gained 0.42%.
The investment community will be closely monitoring the performance of Booking Holdings in its forthcoming earnings report. The company is scheduled to release its earnings on August 4, 2026. The company's earnings per share (EPS) are projected to be $2.46, reflecting a 10.81% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $7.19 billion, up 5.71% from the year-ago period.
BKNG's full-year Zacks Consensus Estimates are calling for earnings of $10.45 per share and revenue of $29.4 billion. These results would represent year-over-year changes of +14.58% and +9.23%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for Booking Holdings. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.09% upward. Booking Holdings is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Booking Holdings's current valuation metrics, including its Forward P/E ratio of 17.02. This indicates a premium in contrast to its industry's Forward P/E of 16.93.
Also, we should mention that BKNG has a PEG ratio of 1.06. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Commerce was holding an average PEG ratio of 1.11 at yesterday's closing price.
The Internet - Commerce industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 158, positioning it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Booking Holdings Inc. (BKNG): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).