2022-12-07 NDAQ:BKNG Press Release Booking Holdings Inc
We expect an in-line return from the stock in the next few months. Account receivable amounted to $2.3 billion in the reported quarter compared with $2.2 billion in the previous quarter. As of Sep 30, 2022, cash and cash equivalents were $9.02 billion, down from $11.8 billion as of Jun 30, 2022. Short-term investments were $116 BKNG stock million at the end of the quarter. Per management, operating expenses were $3.5 billion, up 30.4% on a year-over-year basis. As a percentage of revenues, the figure expanded 40 bps from the year-ago quarter’s tally. Adjusted EBITDA margin was 43.9%, which contracted 120 basis points from the prior-year quarter’s level.
BKNG also experienced 45.1% year-over-year growth in the airline tickets unit in the reported quarter. A month has gone by since the last earnings report for Booking Holdings . Shares have added about 12.9% in that time frame, outperforming the S&P 500. These top airline stocks to buy should soar thanks to a busy holiday season, especially with millions of Americans traveling again. The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength.
A Select Sector SPDR also may be adversely affected by the performance of the specific sector or group of industries upon which it is based. You can expect that shares in a Select Sector https://dotbig.com/ SPDR will move up or down in value with the value of its related Select Sector Index. In addition, the overall depth and liquidity of the secondary market in these shares may fluctuate.
- We help protect investors from Market Crashes using our Evitar Corte Model.
- By you, on message boards, chat, profile pages and blogs and other services to which you are able to post information and content .
- Holders should look for the most suitable exit in order to avoid more losses than necessary.
- The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength.
$BKNG showing a bullish hammer today after consolidating for the past two weeks. 6 employees have rated Booking Chief Executive Officer Glenn D. Fogel on Glassdoor.com. Glenn D. Fogel has an approval rating of 100% among the company’s employees. This puts Glenn D. Fogel in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 69.0% of employees surveyed would recommend working at Booking to a friend.
Out of all of the special options we uncovered, 10 are puts, for a total amount of $341,439, and 7 are calls, for a total amount of $237,127. The overall sentiment of these big-money traders is split between 47% bullish and 52%, bearish. Join thousands of traders who make DotBig more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more. It identified the Corona Crash too, and protected investors from 21% of that loss. Evitar Corte warned of market crash risk four times since 2000.
Booking Holdings Inc (BKNG)
Lowe’s Confirms 2022 Profit Targets, Unveils $15 Billion Share Buyback
The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Institutional investors have recently modified their holdings of the business.
Agoda.com and the Agoda mobile app are available in 39 languages and supported by 24/7 customer support. In an ongoing partnership BKNG with the World Wide Fund for Nature , Agoda has made a donation to plant 5,000 trees on behalf of all GCA winners worldwide.
Agency bookings were $17.6 billion, rising 18.4% from the prior-year quarter’s level. Merchant bookings were $14.51 billion, up 64.6% from the prior-year quarter’s level. Advertising & Other revenues https://dotbig.com/markets/stocks/BKNG/ were $235 million (3.9% of total revenues), increasing significantly from $25.7 million in the year-ago quarter. Booking Holdings witnessed growth of 24.9% in rental car on a year-over-year basis.