Booking Holdings (BKNG) Stock Moves -0.09%: What You Should Know
From Nasdaq:
1. Booking Holdings (BKNG) ended the latest trading session at $3,547.22, marking a -0.09% change from its previous close, as the S&P 500 saw a daily loss of 0.28%. The online booking service witnessed a gain of 13.59% over the previous month and is projected to report earnings of $29.42 per share.
2. Booking Holdings is expected to post earnings of $29.42 per share, with revenue anticipated to increase by 14.68% from the year-ago period. The Zacks Consensus Estimates project earnings of $149.30 per share and revenues of $21.22 billion for the entire fiscal year, indicating significant year-over-year growth.
3. Investor sentiment toward Booking Holdings’ stock moves has been influenced by recent changes in analyst estimates. The Zacks Rank system currently rates BKNG as a #3 (Hold) stock, with a Zacks Consensus EPS estimate that has moved 0.01% higher over the past month.
4. Booking Holdings is currently being traded at a Forward P/E ratio of 23.78, which is considerable compared to industry averages. The Internet – Commerce industry is positioned in the top 16% of all 250+ industries, with a 39th Zacks Industry Rank indicating strong industry performance.
5. Zacks Investment Research has identified an AI industry growth stock that is anticipated to have a significant economic impact by 2030. ChatGPT earnings and revenue estimates are the primary metric to pay attention to with a $15.7 trillion industry-wide impact expected.
For further information see The full article from Zacks.com
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