Booking Holdings(BKNG) ZACKS·2024-06-27 23:06Earnings and Revenue Projections - The Zacks Consensus Estimates predict earnings of $178.54 per share and revenue of $23.09 billion for the fiscal year, indicating year-over-year changes of +17.29% and +8.05%, respectively [1] - For the upcoming quarter, the company's EPS is projected to be $39.22, reflecting a 4.25% increase from the same quarter last year, while revenue is expected to reach $5.78 billion, a 5.76% escalation compared to the year-ago quarter [10] Stock Performance and Valuation - Booking Holdings' stock closed at $4,009.40, reflecting a +0.68% shift from the previous trading day, outperforming the S&P 500 (+0.09%), Dow (+0.09%), and Nasdaq (+0.3%) [3] - The company's shares have increased by 6.64% over the last month, surpassing the Retail-Wholesale sector's gain of 1.99% and the S&P 500's gain of 3.38% [6] - The company is currently trading at a Forward P/E ratio of 22.31, which is a premium compared to its industry's average Forward P/E of 21.37 [11] Industry and Sector Analysis - The Internet - Commerce industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 74, positioning it in the top 30% of all 250+ industries [9] - The industry's average PEG ratio is 0.95, while Booking Holdings' PEG ratio is currently 1.19 [2] Analyst Estimates and Rankings - The Zacks Consensus EPS estimate for Booking Holdings has remained unchanged over the last 30 days, and the company currently holds a Zacks Rank of 3 (Hold) [7] - The Zacks Rank system has a notable track record, with 1-rated stocks producing an average annual return of +25% since 1988 [7] - The top 50% of industries ranked by Zacks outperform the bottom half by a factor of 2 to 1 [5]