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Sunday, December 3, 2023

Is Booking Holdings Inc (NASDAQ: BKNG) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Booking Holdings Inc (BKNG) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$133.62, or -4.71%, to $2,705.00. The Booking Holdings Inc has recorded 81,676 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Booking Holdings to Make Third Quarter 2023 Earnings Press Release Available on Company’s Investor Relations Website on Thursday, November 2.

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Stocks Info

Booking Holdings Inc is listed on the NASDAQ in the Consumer Cyclical sector while operating in the Travel Services industry. The current market capitalization of Booking Holdings Inc is $101.31B. A total of 0.49 million shares were traded on the day, compared to an average of 265.55K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, BKNG has seen 2 BUY and 42 SELL insider trades, representing the acquisition of 1,400 and the disposition of 4,419 shares. Over the last 12 months, there were 36 BUYs and 181 SELLs from insiders. Insiders purchased 45,500 shares during that period but sold 41,902.

In the most recent transaction, Fogel Glenn D sold 750 shares of BKNG for 2975.99 per share on Oct 16. After the transaction, the CEO AND PRESIDENT now owns 37,699 company shares. In a previous transaction on Oct 16, GOULDEN DAVID I sold 550 shares at 2973.70 per share. BKNG shares that CHIEF FINANCIAL OFFICER owns now total 12,304.

Among the insiders who sold shares, Vojvodich Radakovich Lynn disposed of 29 shares on Oct 16 at a per-share price of $2973.70. This resulted in the Director holding 494 shares of BKNG after the transaction. In another insider transaction, Fogel Glenn D sold 750 shares at $3176.29 per share on Sep 15. Company shares held by the CEO AND PRESIDENT now total 38,449.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for BKNG in the last 3 months, the mean price target is $3,440.37 with high estimates of $4,300.00 and low estimates of $2,402.00. In terms of 52-week highs and lows, BKNG has a high of $3251.71 and a low of $1771.32.

As of this writing, BKNG has an earnings estimate of $63.73 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $67.68 per share and a lower estimate of $59.23. The company reported an EPS of $11.6 in the last quarter, which was 9.30% higher than expectations of $10.61.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. BKNG’s latest balance sheet shows that the firm has $11.15B in Cash & Short Term Investments as of fiscal 2021. There were $11.28B in debt and $6.25B in liabilities at the time. Its Book Value Per Share was -$18.45, while its Total Shareholder’s Equity was $6.18B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BKNG is Buy with a score of 4.25.

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