Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Booking Holdings (BKNG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Booking Holdings currently has an ...

Booking Holdings (BKNG) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this online booking service have returned +4.7% over the past month versus the Zacks S&P 500 composite's +4.6% change. The Zacks Internet - Commerce industry, to which Booking Holdings belongs, has lost 3.1% over this period. Now the key question is: Where could the stock be headed i ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The ...

Ramp Travel combines Ramp's policy controls, expense automations, and spend analytics with Priceline's global inventory and exceptional deals – saving businesses time and money from booking to book-close Leading finance operations platform Ramp introduces new way to book business travel using AI, automation, and integration with Priceline. Travel & entertainment (T&E) spend accounts for 20% of annual purchases made on Ramp, and is poised to grow as demand returns to pre-pandemic levels. Represents Ramp's se ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. It also includes access to the Zacks Style Scores. What are ...

Memorial Day weekend signals the unofficial start of summer for most Americans. Meanwhile, on Wall Street, investors concentrate on travel stocks to buy. Pent-up demand and a strong job market mean bookings are surging and the nation is eager to get on the road. In fact, the AAA forecasts a robust Memorial Day travel season, projecting nearly 43.8 million travelers to embark on journeys exceeding 50 miles. This represents a 4% year-over-year (YOY) uptick and nears the record of 44 million travelers set in 2 ...

Editor's note: Seeking Alpha is proud to welcome Vestmo Global Research as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » JHVEPhoto Thesis Our Buy thesis is that Booking Holdings (NASDAQ:BKNG)'s excellent business model will continue to drive earnings growth and positive price momentum at a time when the macro is positivel ...

Booking Holdings (BKNG) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this online booking service have returned +8.7% over the past month versus the Zacks S&P 500 composite's +6.1% change. The Zacks Internet - Commerce industry, to which Booking Holdings belongs, has gained 6.7% over this period. Now the key question is: Where could the stock be headed ...

This action gets lost in the shuffle, but it's critically important. People love traveling. It's an opportunity to relax, see new places, be adventurous, party, or escape the daily grind. Some 40% of Americans plan to travel more in 2024 than they did in 2023, according to Forbes. Many will use online travel agencies (OTAs) like Booking.com, Priceline, KAYAK, or Agoda, all of which fall under the Booking Holdings (BKNG 0.07%) umbrella. Most people book their travel online, and the percentage is growing -- O ...

Investment Rating - The report assigns a positive investment rating to Booking Holdings, indicating a strong outlook for the company's performance in the coming months [23]. Core Insights - Booking Holdings reported better-than-expected Q1 results, with total revenue of $4.4 billion, a 17% year-over-year increase, exceeding market expectations by 4% [21]. - The adjusted EBITDA for Q1 was $900 million, reflecting a 53% year-over-year increase, surpassing market expectations by 22% [21]. - The company is focusing on building a one-stop booking service platform, transitioning from an agency to a wholesale model, and enhancing its membership ecosystem, which is expected to improve profit margins [2][4]. Summary by Sections Q1 Performance - Q1 room nights reached 300 million, a 9% year-over-year increase, exceeding the company's guidance [3]. - Total transaction value for Q1 was $43.5 billion, a 10% year-over-year increase, with wholesale model transaction value at $25.8 billion, up 29% year-over-year [21][11]. Strategic Focus - The company is prioritizing the Connected Trip initiative, with a 50% year-over-year increase in order volume for this segment [22]. - Direct sales channel accounted for approximately 55% of room nights in Q1, indicating a shift towards more direct bookings [22]. Financial Metrics - The overall conversion rate for the platform was 10.1%, compared to 9.6% in Q1 2023 [21]. - The company repurchased approximately $1.9 billion worth of shares in Q1, with a remaining buyback authorization of about $11.8 billion [4].