From Nasdaq: 2024-11-22 09:15:12

Shares of Booking Holdings (BKNG) have surged 20.1% in the past month, hitting a new 52-week high of $5211.66. The company has reported positive earnings surprises and is expected to post earnings of $181.49 per share for the current fiscal year. With a Zacks Rank of #2 (Buy), the stock may still have room for growth.

Compared to its peers, Booking Holdings may be trading at a premium, with a Value Score of C. However, its Growth and Momentum Scores are A and D, respectively, giving it a VGM Score of B. The stock currently trades at 28.7X current fiscal year EPS estimates and has a PEG ratio of 1.62.

In the Internet-Commerce industry, Booking Holdings and Amazon.com, Inc. (AMZN) stand out. AMZN has a Zacks Rank of #2 (Buy) with strong earnings and revenue projections. The industry is in the top 24%, indicating potential growth for both companies. Shares of AMZN have gained 6.4% over the past month, trading at a forward P/E of 38.38X.

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Read more at Nasdaq: Booking Holdings Inc. (BKNG) Hits Fresh High: Is There Still Room to Run?