Alert: New Earnings Report (8/1/24)-Booking Holdings Inc (NASDAQ: BKNG).

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Booking Holdings Inc (NASDAQ: BKNG) has reported E.P.S. of $44.94 for its second fiscal quarter (ending June 30) versus $35.16 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $144.50 compared to $116.05 a year ago.

Recent Price Action

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Booking Holdings Inc (NASDAQ: BKNG) stock declined modestly by -1.4% on 8/1/24. The stock closed at $3664.18. Moreover, this decline was accompanied by exceptionally high trading volume at 250% of normal. The stock has declined -3.7% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, BKNG is expected to be an important Value Eraser.

Booking Holdings is currently unrated.

Rating Review

The stock is currently unrated.

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