Booking Holdings (BKNG) Stock Moves -0.15%: What You Should Know

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The latest trading session saw Booking Holdings (BKNG) ending at $4,171.26, denoting a -0.15% adjustment from its last day's close. This change was narrower than the S&P 500's 0.19% loss on the day. Elsewhere, the Dow saw a downswing of 0.7%, while the tech-heavy Nasdaq appreciated by 0.04%.

The the stock of online booking service has risen by 7.63% in the past month, leading the Retail-Wholesale sector's gain of 6.04% and the S&P 500's gain of 1.95%.

The upcoming earnings release of Booking Holdings will be of great interest to investors. In that report, analysts expect Booking Holdings to post earnings of $77.68 per share. This would mark year-over-year growth of 7.41%. Alongside, our most recent consensus estimate is anticipating revenue of $7.62 billion, indicating a 3.76% upward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $176.92 per share and a revenue of $22.95 billion, demonstrating changes of +16.23% and +7.4%, respectively, from the preceding year.

Investors should also take note of any recent adjustments to analyst estimates for Booking Holdings. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.1% lower. Booking Holdings is currently a Zacks Rank #3 (Hold).

Looking at its valuation, Booking Holdings is holding a Forward P/E ratio of 23.61. This represents a premium compared to its industry's average Forward P/E of 22.75.

Investors should also note that BKNG has a PEG ratio of 1.27 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Internet - Commerce was holding an average PEG ratio of 1.05 at yesterday's closing price.

The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 68, which puts it in the top 27% of all 250+ industries.