Only a quarter ago, the mood around the travel industry was pessimistic. And despite continued macro concerns in the U.S. around weaker consumer spending, it didn’t take long for interest rate cuts and Trump’s reelection to change the tone immediately.With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been ...

Just when things started to look a bit gloomy for Booking Holdings (NASDAQ: BKNG ), following a mediocre second quarter, shares went on a tear, in a sharp surge that culminated in a much better-than-expected third-quarter print.I aim to invest in companies with perfect qualitative attributes, buy them at an attractive price based on fundamentals, and hold them forever. I hope to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow-ups and constant updates. ...

Introducing Priceline's First-Ever '10 Days of Deals' Plus Major Savings on Black Friday, Cyber Monday, and Travel TuesdayNORWALK, Conn., Nov. 11, 2024 /PRNewswire/ -- Today, Priceline announced its annual Black Friday and Cyber Monday sale to kick off the holiday season. Delving into its wealth of traveler data, Priceline created its biggest sale of the year with holiday deals across flights, hotels, rental cars, cruises, vacation packages and activities to trending destinations. Priceline will unveil its ...

Booking.com is conducting a companywide review that could lead to job cuts.The online travel agency’s parent said in a Friday (Nov. 8) regulatory filing that this review would include “an expected workforce reduction,” as well as cost reductions like looking for real estate savings and optimizing procurement.“We believe these efforts will improve operating expense efficiency, increase organizational agility, free up resources that can be reinvested into further improving our offering to both travelers and p ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Booking Holdings (BKNG) .Booking Holdings currently has an averag ...

Have you been paying attention to shares of Booking Holdings (BKNG) ? Shares have been on the move with the stock up 16.1% over the past month. The stock hit a new 52-week high of $4916.01 in the previous session. Booking Holdings has gained 38.6% since the start of the year compared to the 23.8% move for the Zacks Retail-Wholesale sector and the 32.2% return for the Zacks Internet - Commerce industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it ...

Booking Holdings (BKNG) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors o ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, November 4th:Pilgrim's Pride Corporation (PPC) : This producer of fresh and frozen meat products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.8% over the last 60 days.Pilgrim's Pride has a PEG ratio of 0.20 compared with 0.46 for the industry. The company possesses a Growth Score  of A.Booking Holdings Inc. (BKNG) : This online restaura ...

Booking Holdings (BKNG) reported third-quarter 2024 earnings of $83.89 per share, beating the Zacks Consensus Estimate by 7.63%. The figure surged 16% year over year.BKNG’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 16.75%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $7.994 billion beat the Zacks Consensus Estimate by 4.76% and increased 8.9% year over year on a reported basis and 9% on a constant currency (c ...

Booking Holdings stock is a free-cash-flow monster.Travel website extraordinaire Booking Holdings (BKNG 5.29%) stock jumped 4.8% through 11:50 a.m. ET Thursday after thumping analyst forecasts for both sales and earnings last night.Expected to earn $77.47 per share on $7.6 billion in sales for Q3 2024, Booking Holdings reported instead an $83.89-per-share profit (adjusted for one-time items) on just under $8 billion in sales. Booking Holdings Q3 sales and earningsNot all the news was great. Total sales at B ...