Booking Holdings, a leading player in the market, has consistently outperformed the market over the past 15 years, showcasing its impressive track record. With an annualized outperformance of 18.61% and an average annual return of 27.76%, it is clear that this company has been a strong performer.
To put this into perspective, let’s consider an investor who had bought $100 worth of BKNG stock 15 years ago. Today, that investment would be valued at an astounding $3,907.26, based on the current price of $3107.39 for BKNG. This exemplifies the power of compounded returns over time.
Taking a closer look at Booking Holdings‘ stock price history, we can see the consistent upward trajectory it has maintained. In 2008, the stock price was a modest $20.65. By 2013, it had skyrocketed to approximately $700, and in 2018, it reached an impressive $2,000. As of August 7, 2023, the stock price hit an all-time high of $3,243.01.
This steady growth has undoubtedly contributed to the remarkable returns for long-term investors. It serves as a reminder of the potential for growth in the stock market and the importance of adopting a long-term investment strategy.
One key takeaway from this analysis is the significance of compounded returns. By reinvesting the gains from their initial investment, investors can benefit from the exponential growth of their portfolio. Booking Holdings’ strong performance is a testament to the value of this approach.
In conclusion, Booking Holdings’ exceptional performance over the past 15 years highlights its position as a market leader. With impressive returns and a history of consistent growth, it is clear why this company has been a favorite among long-term investors. The power of compounded returns cannot be underestimated, and this serves as a valuable lesson for anyone looking to build wealth over time.
Booking Holdings Inc.
BKNG
Strong Buy
Updated on: 19/09/2023
Financial Health
Very Healthy
Debt to equity ratio: Strong Buy
Price to earnings ratio: Strong Buy
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Strong Buy
BKNG (Booking Holdings Inc.): Stable Stock Performance and Strong Growth Prospects in the Online Travel Booking Industry
BKNG (Booking Holdings Inc.) is a prominent player in the consumer services sector, specifically in the other consumer services industry. On September 19, 2023, the stock opened at $3,135.87, slightly lower than the previous close of $3,157.08. Throughout the day, the stock’s price fluctuated within a range of $3,091.18 to $3,136.81. The trading volume for the day was 10,825, which is significantly lower than the three-month average volume of 306,843.
BKNG has a market capitalization of $112.8 billion, making it one of the largest companies in its industry. The company has experienced impressive earnings growth in recent years, with a growth rate of +170.19% last year and +37.84% this year. Looking ahead, BKNG is expected to maintain a solid earnings growth rate of +20.00% over the next five years.
In terms of revenue growth, BKNG achieved a growth rate of +55.96% last year. This indicates that the company has been successful in expanding its customer base and increasing its market share. The strong revenue growth is likely attributed to BKNG’s dominant position in the online travel booking industry.
When analyzing BKNG’s valuation metrics, the price-to-earnings (P/E) ratio stands at 27.3. This suggests that investors are willing to pay 27.3 times the company’s earnings for each share of stock. Additionally, the price-to-sales ratio is 4.72, indicating that investors are valuing BKNG at 4.72 times its annual revenue. The price-to-book ratio is 43.01, which implies that investors are willing to pay 43.01 times the company’s book value per share.
Comparing BKNG’s performance to its industry peers on September 19, 2023, we can see that TCOM (Trip.com Group Ltd) experienced a slight decrease of 0.26%, while EXPE (Expedia Group Inc) saw a decline of 1.15%. On the other hand, MMYT (MakeMyTrip Ltd) had a marginal increase of 0.11%. TUIFF (TUI AG) remained unchanged.
Looking ahead, BKNG’s next reporting date is set for November 1, 2023. Analysts forecast an earnings per share (EPS) of $67.61 for the current quarter. In the previous year, BKNG generated annual revenue of $17.1 billion and a profit of $3.1 billion. The net profit margin for BKNG stands at 17.89%, indicating that the company is able to generate a significant profit relative to its revenue.
BKNG’s corporate headquarters are located in Norwalk, Connecticut. While no executives were displayed in the provided information, it is important to note that the company is led by a team of experienced professionals in the travel and booking industry.
Overall, BKNG’s stock performance on September 19, 2023, was relatively stable, with a slight decrease in the opening price compared to the previous close. The company has demonstrated strong earnings and revenue growth in recent years, positioning itself as a leader in the online travel booking industry. With a solid financial position and positive growth prospects, BKNG continues to be an attractive investment option in the consumer services sector.
Booking Holdings Inc (BKNG) Stock Performance Shows Potential Increase, Analysts Recommend Buying
On September 19, 2023, Booking Holdings Inc (BKNG) saw a positive outlook in terms of its stock performance. According to data from CNN Money, 26 analysts offering 12-month price forecasts for BKNG had a median target of $3,500.00, with a high estimate of $4,300.00 and a low estimate of $2,373.00. This indicates a potential increase of 12.54% from the last recorded price of $3,110.05.
The consensus among 33 polled investment analysts was to buy stock in BKNG. This rating has remained steady since September, when it was unchanged from a buy rating. This suggests that investors have confidence in the company’s future prospects and believe that it is a good investment opportunity.
BKNG reported earnings per share of $67.61 for the current quarter and sales of $7.1 billion for the same period.
Looking ahead, BKNG is scheduled to release its next earnings report on November 1.
Overall, the stock performance of BKNG on September 19, 2023, was positive, with analysts predicting a potential increase in its stock price. The consensus among investment analysts remains to buy stock in BKNG, indicating confidence in the company’s future prospects. With strong financial performance and upcoming earnings report, investors will be closely monitoring BKNG’s progress in the coming months.
Discussion about this post