Investors should also note that BKNG has a PEG ratio of 1.19 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Internet - Commerce industry currently had an average PEG ratio of 0.95 as of yesterday's close. Heading into today, shares of the online booking service had gained 5.85% over the past month, outpacing the Retail-Wholesale sector's gain of 1% and the S&P 500's gain of 3.15% in that time. Bookin ...

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. For the current fiscal year, the consensus earnings estimate of $178.54 points to a change of +17.3% from the prior year. Over the last 30 days, this estimate has remained unchanged. The chart below shows the evolution of the company's forward 12-month ...

This disclaimer out of the way, I can't deny that investors are indeed excited about stock splits, and many companies are making stock-split announcements accordingly. In this article, I'll highlight three stocks from the S&P 500 that could very well split within the next year or so. But perhaps Costco is ready to make a change and split its stock. Former Chief Financial Officer Richard Galanti was with the company for 40 years and is seen as one of the main architects for the success of the business. But h ...

Core Insights - Strategic partnerships are crucial for the company's growth, enhancing its consumer-facing brands like Booking.com, Priceline, Agoda, KAYAK, and OpenTable [2] - The company is experiencing strong travel demand, benefiting from robust booking offerings and a solid partner base [10][20] Partnerships and Collaborations - Agoda signed a Memorandum of Understanding with the Singapore Tourism Board to promote Singapore as a top destination, leveraging its online travel expertise [3] - Agoda's partnership with DBS introduces a reward point redemption system for Hong Kong customers, enhancing customer experience [4] - Booking.com partnered with the Stonewall National Monument Visitor Center to promote LGBTQ+ travel experiences [11] - Collaboration with Peerspace offers exclusive discounts on hotels and rental cars for event organizers [12] - Agoda's partnership with Meituan aims to boost the China travel market by sharing hotel inventories and content [17] Financial Performance and Projections - The Zacks Consensus Estimate for gross bookings in 2024 is $162.01 billion, reflecting a growth of 7.6% from 2023 [6] - The company's gross travel bookings in 2023 reached $150.6 billion, a 24% increase from the previous year [13] - Revenue estimates for 2024 are projected at $23.09 billion, indicating an 8.1% year-over-year growth, with earnings expected to rise by 17.3% to $178.54 per share [14] Market Position and Competitive Landscape - Booking Holdings and Expedia dominate the online travel booking industry, accounting for about 60% of travel bookings in Europe and the U.S. in 2023 [8] - Booking Holdings has outperformed competitors, gaining 12.6% year-to-date compared to losses from EXPE and TRIP [15] - The online travel booking market is projected to reach $1.18 trillion by 2030, with a CAGR of 9.7% from 2024 to 2030 [18] Strategic Advantages - A strong partner base and customer momentum provide Booking Holdings with a competitive edge over peers like Expedia, TripAdvisor, and Airbnb [20] - Investments in generative AI technology and expanding global footprints are expected to enhance the company's near-term prospects [16]

Zacks Premium includes access to the Zacks Style Scores as well. Value Score Growth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time. It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 22.25; value investors shou ...

Let's examine three travel plays with robust share price momentum that still trade at reasonable valuations. For the first quarter, Booking beat on sales and earnings, with gross travel bookings rising 10% year-over-year (YOY). Given its market leadership in the face of the ongoing travel resurgence, it's tough to hop off BKNG stock. Indeed, it is at a fresh new high. In fact, the potential for the actual summer numbers to surpass estimates is likely. As travel picks up, hotel bookings are sure to get a nic ...

Booking Holdings is expected to gain solid customer momentum for its Priceline platform on the back of its latest partnership. Expanding partnerships have been the key driver for its customer momentum. Agoda also partnered with the Taipei City Government Department of Information and Tourism to serve as the Official Accommodation Partner for the World Masters Games (WMG). Per the terms of the deal, Agoda now offers a dedicated booking page for the WMG, simplifying accommodation searches for competitors and ...

It is leveraging Generative AI (GenAI) to boost customer experience. It has added a slew of GenAI-powered features to its Trip Intelligence suite to deliver enhanced trip planning and booking experience. Per a Statista report, revenues in the global travel and tourism market are expected to hit $927.3 billion in 2024 and reach $1.06 trillion by 2028, witnessing a CAGR of 3.5% between 2024 and 2028. The largest category of this market is "hotels," in which the number of users is expected to reach 1.4 billion ...

Priceline's selection of the new media agency reflects its commitment to innovation, precision marketing and delivering exceptional experiences and value to travelers. PHD will partner with Priceline's internal teams in data-driven media strategy, planning and buying to drive reappraisal and growth amongst new customers in key traveler segments. "For 25 years, Priceline has been helping travelers experience moments that matter," said Michael Solomon, CEO, PHD USA. "As their brand media AOR, PHD will ensure ...

Although we intuitively know that eventually we will see a correction, or the stocks might crash into a bear market, they are relatively short-lived events. The average bear market lasts about 16 months while bull markets are measured in years. Even better, they also tend to go on and wipe out all remnants of the losses. Even with the stock market's rise there are still excellent companies to buy. Below are three of the top S&P 500 stocks for your portfolio today. Source: Andrey Solovev / Shutterstock By ha ...