Professional
Added to YB: 2024-04-19
Pitch date: 2024-04-13
BKNG [bullish]
Booking Holdings Inc.
+50%
current return
Author Info
No bio for this author
Company Info
Booking Holdings Inc., together with its subsidiaries, provides online and traditional travel and restaurant reservations and related services in the United States, the Netherlands, and internationally.
Market Cap
$159.2B
Pitch Price
$3.5K
Price Target
N/A
Dividend
0.78%
EV/EBITDA
15.89
P/E
32.24
EV/Sales
6.14
Sector
Hotels, Restaurants and Leisure
Category
growth
Wedgewood Partners Portfolio Holding: Booking Holdings Inc.
BKNG: Q4 bookings +16%, adj op income +22%. 2024 lapping tough '23 comps (FY bookings +24%) but travel demand healthy ex-war areas. Consumers shifting spend to travel vs pre-COVID. Buybacks at cheap val vs mkt & peers to compound ownership in highly profitable biz.
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