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reiterated: UBS Recommends Booking Holdings Inc. (NASDAQ:BKNG) Stock to “a Buy”

UBS raised the price target for the Booking Holdings Inc. (NASDAQ:BKNG) stock to “a Buy”. The rating was released on February 24, 2023, according to finviz. We previously noted in another research note published on February 24, 2023 by Piper Sandler that reiterated the stock to a Neutral with a price target of $2524 for BKNG stock. The research report from Mizuho has reiterated the stock to Buy, with a price target set at $2670. The stock was reiterated by JP Morgan, who disclosed in a research note on February 24, 2023, to Overweight and set the price objective to $2850. In their research brief published February 24, 2023, Goldman analysts reiterated the Booking Holdings Inc. stock to Neutral with a price target of $2630.

The latest trade, Performances and Moving Averages give us the following Picture

The share price of Booking Holdings Inc. (NASDAQ:BKNG) raised 0.04% to close Friday’s market session at $2440.85, higher as compared to yesterday’s close. The stock price fluctuated between $2,392.81 and $2,445.61 throughout the trading session with the volume trading being 797876 shares, which represented a significant variation when compared to the three months average volume of 315.45K shares. The firm’s stock price fluctuated -1.60% within the last five trades and -3.01% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 24.74% in the last 6 months and 21.63% was added to its value over the previous 3 months. BKNG stock is trading at a margin of -2.39%, 0.99% and 19.70% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

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As of the close of trading, BKNG deals in the Consumer Cyclical domain. The stock is trading -7.19 percent below its 52-week high and 50.96 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 21.16. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does Booking Holdings Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at 29.90 percent and the profit margin is 17.90 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $92.83 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Booking Holdings Inc. (NASDAQ:BKNG) is 31.34. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 15.65. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 5.43 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 33.79, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.20 percent of Booking Holdings Inc. shares are owned by insiders, and 94.10 percent are held by financial institutions. Fogel Glenn D, the CEO AND PRESIDENT at Booking Holdings Inc. (BKNG) has sold 6,540 shares of firm on Mar 15 at a price of $2400.02 against the total amount of $15.7 million. In another inside trade, GOULDEN DAVID I, CHIEF FINANCIAL OFFICER of Booking Holdings Inc. (NASDAQ:BKNG) sold 550 shares of the firm on Mar 15 for a total worth of $1.33 million at a price of $2418.64. An inside trade which took place on Mar 15, CEO AND PRESIDENT of Booking Holdings Inc. Fogel Glenn D sold 427 shares of firm against total price of $1.04 million at the cost of $2427.11 per share.



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