News stories about Booking (NASDAQ:BKNG) have been trending somewhat positive on Wednesday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Booking earned a news impact score of 0.12 on Accern’s scale. Accern also assigned headlines about the business services provider an impact score of 45.4850548911014 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Book World: Amber Tamblyn’s novel about sexual assault will upset some people. She’s OK with that. (lmtonline.com)
- Laura Ingalls Wilder’s name removed from children’s book award (upi.com)
- What Philadelphia Eagles’ Nick Foles is saying as book tour kicks off; Super Bowl MVP will visit Harrisburg on Friday (pennlive.com)
- Michael Ian Black Is Writing A Book About Masculinity (buzzfeed.com)
- Book World: How the Grateful Dead survived Jerry Garcia’s death (nhregister.com)
BKNG has been the topic of several research analyst reports. ValuEngine raised Booking from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Vetr raised Booking from a “sell” rating to a “strong-buy” rating and set a $2,148.74 price objective on the stock in a research note on Tuesday, February 27th. SunTrust Banks increased their price objective on Booking from $2,350.00 to $2,380.00 and gave the stock a “buy” rating in a research note on Friday, April 13th. Mizuho initiated coverage on Booking in a research note on Thursday, March 22nd. They issued a “buy” rating and a $2,600.00 price objective on the stock. Finally, Wedbush initiated coverage on Booking in a research note on Tuesday, April 3rd. They issued an “outperform” rating and a $2,500.00 price objective on the stock. Ten analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $2,172.07.
Shares of BKNG opened at $2,040.38 on Wednesday. Booking has a 12 month low of $1,630.56 and a 12 month high of $2,228.99. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.87. The firm has a market cap of $101.30 billion, a PE ratio of 26.49, a price-to-earnings-growth ratio of 1.62 and a beta of 1.21.
Booking (NASDAQ:BKNG) last issued its quarterly earnings data on Wednesday, May 9th. The business services provider reported $12.00 EPS for the quarter, beating the consensus estimate of $10.68 by $1.32. Booking had a return on equity of 22.03% and a net margin of 18.90%. The firm had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same quarter in the prior year, the business posted $9.88 EPS. The business’s revenue for the quarter was up 21.0% compared to the same quarter last year. analysts forecast that Booking will post 88.84 earnings per share for the current year.
In other news, CEO Gillian Tans sold 295 shares of the stock in a transaction on Friday, June 15th. The stock was sold at an average price of $2,126.07, for a total transaction of $627,190.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.24% of the company’s stock.
Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.
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