Wedbush analyst Scott Devitt maintains $Booking Holdings (BKNG.US)$ with a buy rating, and adjusts the target price from $3,900 to $4,750.
According to TipRanks data, the analyst has a success rate of 52.8% and a total average return of 13.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Booking Holdings (BKNG.US)$'s main analysts recently are as follows:
The anticipation is that third-quarter bookings will surpass the high end of the company's projected 2%-4% growth, with EBITDA also expected to exceed predictions, based on Q3 data and historical performance. Additionally, the improvement in travel within Europe since July is viewed as a favorable development.
Anticipation for the upcoming earnings report on October 30 suggests that the initial guidance for Q3 might be understated. The forecast for room night growth has been increased to 5.5% year over year, reflecting a generally positive scenario for the travel industry. It's observed that the company's leadership tends to be cautious in their projections, which could signal potential for better-than-expected performance this quarter, especially considering robust bookings in alternative accommodations across Europe and consistent international hotel trends.
The recent increase in Booking Holdings' share price, coupled with geopolitical and election tensions, presents a challenging scenario for earnings. Nonetheless, the long-term perspective on Booking remains positive, with a prevailing sentiment in the online travel sector. This optimism is fueled by a higher confidence that margins will expand by 2025 as the travel environment normalizes.
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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韋德布什分析師Scott Devitt維持$Booking Holdings (BKNG.US)$買入評級，並將目標價從3,900美元上調至4,750美元。
根據TipRanks數據顯示，該分析師近一年總勝率為52.8%，總平均回報率為13.2%。
此外，綜合報道，$Booking Holdings (BKNG.US)$近期主要分析師觀點如下：
預計第三季度的預訂量將超過該公司預計的2％-4％增長的最高水平，根據第三季度的數據和歷史表現，息稅折舊攤銷前利潤預計也將超過預期。此外，自7月以來，歐洲境內旅行的改善被視爲有利的發展。
對即將於10月30日發佈的收益報告的預期表明，第三季度的初步預期可能被低估了。對客房住宿增長的預測已同比上升至5.5％，這反映了旅遊業的總體樂觀前景。據觀察，該公司的領導層在預測中往往持謹慎態度，這可能預示着本季度的業績有可能好於預期，特別是考慮到歐洲各地替代住宿的強勁預訂量以及持續的國際酒店趨勢。
Booking Holdings最近股價的上漲，加上地緣政治和選舉緊張局勢，給收益帶來了挑戰性的前景。儘管如此，預訂的長期前景仍然樂觀，在線旅遊行業的情緒普遍存在。隨着旅行環境的正常化，人們對到2025年利潤率將擴大的信心增強，這加劇了這種樂觀情緒。
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