Stock Performance - Booking Holdings (BKNG) ended the recent trading session at 35.71, reflecting an 11.59% increase from the same quarter last year [2] - Revenue is projected to be $5.19 billion, marking an 8.48% rise compared to the equivalent quarter in the previous year [2] Analyst Estimates and Revisions - Recent shifts in analyst projections for Booking Holdings indicate changes in near-term business trends, with positive revisions signaling optimism about the company's profitability [3] - The Zacks Consensus EPS estimate has shifted 0.77% downward over the past month, and BKNG currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Booking Holdings has a Forward P/E ratio of 22.61, which is higher than the industry average of 21.79 [6] - The company's PEG ratio is 1.61, compared to the Internet - Commerce industry's average PEG ratio of 1.22 [7] Industry Ranking - The Internet - Commerce industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 66, placing it in the top 27% of over 250 industries [7] - Industries ranked in the top 50% by Zacks Industry Rank tend to outperform the bottom half by a factor of 2 to 1 [8]
Booking Holdings (BKNG) Surpasses Market Returns: Some Facts Worth Knowing