Booking Holdings Inc (NASDAQ: BKNG) has reported E.P.S. of $70.62 for its third fiscal quarter (ending September 30) versus $42.10 for the same period a year ago — an increase of 68%. This performance was $2.56 better than the consensus estimate of $68.06. E.P.S. were $143.16 for the latest four quarters through September 30 versus $60.25 for the same period a year ago — an increase of 138%.
Recent Price Action
Booking Holdings Inc (NASDAQ: BKNG) stock enjoyed a large increase of 2.6% on 11/2/23. The stock closed at $2838.62. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 0.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, BKNG is expected to continue to be a major Value Builder.
Booking Holdings has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Booking Holdings has a slightly positive Appreciation Score of 66 and a very high Power Rating of 92, triggering the Highest Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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