Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Booking Holdings Inc.    BKNG

BOOKING HOLDINGS INC.

(BKNG)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Booking : Reports Financial Results for 2nd Quarter 2020

share with twitter share with LinkedIn share with facebook
08/06/2020 | 05:04pm EDT

Booking Holdings Reports Financial Results for 2nd Quarter 2020

NORWALK, CT - August 6, 2020. . . Booking Holdings Inc. (NASDAQ: BKNG) today reported its 2nd quarter 2020 financial results. Second quarter gross travel bookings for Booking Holdings Inc. (the "Company," "Booking Holdings," "we," "our" or "us"), which refers to the total dollar value, generally inclusive of taxes and fees, of all travel services booked by its customers, net of cancellations, were $2.3 billion, a decrease of 91% over a year ago (approximately a 91% decrease on a constant-currency basis). Room nights booked in the 2nd quarter decreased

87% over a year ago. The Company's results for the 1st half of 2020 have been significantly and negatively impacted due to the COVID-19 pandemic and the resulting economic conditions and government orders.

Booking Holdings' total revenues for the 2nd quarter of 2020 were $630 million, an 84% decrease from the prior year (approximately an 83% decrease on a constant-currency basis). Net income in the 2nd quarter of 2020 was $122 million, an 88% decrease as compared to the prior year. Net income for the 2nd quarters of 2020 and 2019 includes gains on marketable equity securities of $835 million and $17 million, respectively. Net income in the 2nd quarter of 2020 was $2.97 per diluted share, an 87% decrease as compared to the prior year.

Non-GAAP total revenues for the 2nd quarter of 2020 were $630 million, an 83% decrease as compared to the prior year (approximately an 83% decrease on a constant currency basis). Non-GAAP net loss in the 2nd quarter of 2020 was $443 million, compared to non-GAAP net income of $1.0 billion in the prior year. Non-GAAP net loss in the 2nd quarter was $10.81 per diluted share, compared with non-GAAP net income of $23.59 per diluted share in the prior year. Non-GAAP net income (loss) includes adjustments to exclude net gains or losses on marketable equity securities. Adjusted EBITDA loss for the 2nd quarter of 2020 was $376 million, compared with Adjusted EBITDA of $1.4 billion a year ago. The section below entitled "Non-GAAPFinancial Measures" provides definitions and information about the use of non-GAAP financial measures in this press release, and the attached financial and statistical supplement reconciles non-GAAP financial results with Booking Holdings' financial results under GAAP.

"We faced a challenging second quarter and continue to face challenges due to the impact of the COVID-19 pandemic on travel demand. However, we have witnessed improvement in booking trends since April, which is encouraging" said Glenn Fogel, Chief Executive Officer of Booking Holdings. Mr. Fogel continued, "Looking forward, we continue to execute on our operating plans to navigate the Company through these challenging times and enable us to emerge from this crisis in a position of strength."

1

Non-GAAP Financial Measures

The Unaudited Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") and include all normal and recurring adjustments that management of the Company considers necessary for a fair presentation of its financial position and operating results.

To supplement the Unaudited Consolidated Financial Statements, the Company uses the following non-GAAP financial measures: Non-GAAP total revenues, adjusted EBITDA, non-GAAP net income, non-GAAP net income per diluted share and free cash flow (net cash provided by operating activities less capital expenditures). The presentation of non-GAAP financial information should not be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.

The Company uses non-GAAP financial measures for financial and operational decision-making and as a basis to evaluate performance and set targets for employee compensation programs. The Company believes that these non- GAAP financial measures are useful for analysts and investors to evaluate the Company's ongoing operating performance because they facilitate comparison of the Company's results for the current period and projected next- period results to those of prior periods and to those of its competitors (though other companies may calculate similar non-GAAP financial measures differently from those calculated by the Company). These non-GAAP financial measures, in particular adjusted EBITDA, non-GAAP net income and free cash flow are not intended to represent funds available for Booking Holdings' discretionary use and are not intended to represent or to be used as a substitute for operating income, net income or cash flow from operations as measured under GAAP. The items excluded from these non-GAAP measures but included in the calculation of their closest GAAP equivalent, are significant components of the Company's consolidated statements of operations and cash flows and must be considered in performing a comprehensive assessment of overall financial performance.

Non-GAAP net income is net income with the following adjustments:

  • excludes an adjustment to merchant revenues related to prior periods due to a correction in the timing of revenue recognition on a component of merchant revenue in the 1st quarter of 2019, which was reversed in the 2nd quarter of 2019,
  • excludes charges, if any, to correct an error related to the nonpayment of prior-periodwage-related tax on compensation paid to certain highly-compensated former employees in the year of separation,
  • excludes amortization expense of intangible assets,
  • excludes the impact, if any, of impairment of goodwill,
  • excludes non-cash interest expense related to the amortization of debt discount and gains or losses on early extinguishment of debt, if any, related to our convertible debt,
  • excludes the impact, if any, of significant gains or losses on the sale of cost-method investments and significant charges related to other-than-temporary impairments of such investments,
  • excludes gains and losses on marketable equity securities,
  • excludes foreign currency transaction gains or losses on Euro-denominated debt that is not designated as a hedging instrument for accounting purposes,
  • excludes income taxes, if any, related to convertible notes held for investment that matured, and were reclassified from accumulated other comprehensive loss to income tax expense,
  • excludes the income tax impact, if any, related to one-time adjustments as a result of the U.S. Tax Cuts and Jobs Act ("Tax Act") enacted in December 2017, and
  • the income tax impact of the non-GAAP adjustments mentioned above.

In addition to the adjustments listed above regarding non-GAAP net income, adjusted EBITDA excludes depreciation expense, interest income, interest expense and income tax expense.

We evaluate certain operating and financial measures on both an as-reported and constant-currency basis. We calculate constant currency by converting our current-year period results for transactions recorded in currencies other than U.S. Dollars using the corresponding prior-year period monthly average exchange rates rather than the current-year period monthly average exchange rates.

The attached financial and statistical supplement includes reconciliations of our financial results under GAAP to non-GAAP financial information for the three and six months ended June 30, 2020 and 2019.

2

Information About Forward-Looking Statements

This press release contains forward-looking statements. These forward-looking statements reflect the views of the Company's management regarding current expectations and projections about future events and are based on currently available information and current foreign currency exchange rates. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict; therefore, actual results may differ materially from those expressed, implied or forecasted in any such forward-looking statements. Expressions of future goals and similar expressions including, "may," "will," "should," "could," "aims," "seeks," "expects," "plans," "anticipates," "intends," "believes," "estimates," "predicts," "potential," "targets," and "continue," reflecting something other than historical fact are intended to identify forward-looking statements.

The following factors, among others, could cause the Company's actual results to differ materially from those described in the forward-looking statements:

  • the adverse impact of the COVID-19 pandemic on the Company's business, financial performance and travel demand, generally;
  • adverse changes in general market conditions for travel services, including the effects of macroeconomic conditions, terrorist attacks, natural disasters, health concerns, civil or political unrest or other events outside our control;
  • any adverse impacts on our business, operations and/or reputation as a result of any utilization of COVID-19- related governmental stimulus or aid packages;
  • the effects of competition;
  • any write-downs or impairments of goodwill or intangible assets related to acquisitions or investments, any increases in provisions for expected credit losses on receivables from and cash advances made to our travel service provider and restaurant partners and any increases in cash outlays to refund consumers for prepaid reservations;
  • adverse changes in relationships with travel service providers and restaurants;
  • our ability to attract and retain qualified personnel;
  • IT systems-related failures, data privacy risks and obligations, and/or security breaches;
  • fluctuations in foreign currency exchange rates and other risks associated with doing business in multiple currencies;
  • our ability to successfully manage growth and expand our global business;
  • our ability to respond to and keep up with the rapid pace of technological and market changes;
  • our performance marketing efficiency and the general effectiveness of our marketing efforts;
  • any change by our search and meta-search partners in how they present travel search results or conduct their auctions for search placement in a manner that is competitively disadvantageous to us; and
  • tax, legal and regulatory risks.

For a detailed discussion of these and other factors that could cause the Company's actual results to differ materially from those described in the forward-looking statements, please refer to the Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission and any subsequently filed Quarterly Reports on Form 10-Q. Unless required by law, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

3

About Booking Holdings Inc.

Booking Holdings (NASDAQ: BKNG) is the world's leading provider of online travel & related services, provided to consumers and local partners in more than 220 countries and territories through six primary brands: Booking.com, KAYAK, Priceline, Agoda, Rentalcars.comand OpenTable. The mission of Booking Holdings is to make it easier for everyone to experience the world.

For more information, visit BookingHoldings.comand follow us on Twitter @BookingHoldings.

###

For Press Information: Leslie Cafferty (203) 299-8128 leslie.cafferty@bookingholdings.com

For Investor Relations: Michael Noonan (203) 299-8489 michael.noonan@bookingholdings.com

4

Booking Holdings Inc.

CONSOLIDATED BALANCE SHEETS

(In millions, except share and per share data)

June 30,

December 31,

2020

2019

ASSETS

(Unaudited)

Current assets:

Cash and cash equivalents

$

10,404

$

6,312

Short-term investments (Available-for-sale debt securities:

-

998

Amortized cost of $998 at December 31, 2019)

Accounts receivable, net (Allowance for expected credit losses of $282 and $49,

566

1,680

respectively)

Prepaid expenses and other current assets, net (Allowance for expected credit losses of

483

843

$12 and $6, respectively)

Total current assets

11,453

9,833

Property and equipment, net

736

738

Operating lease assets

577

620

Intangible assets, net

1,865

1,954

Goodwill

2,412

2,913

Long-term investments (Includes available-for-sale debt securities:

2,946

4,477

Amortized cost of $775 and $2,192, respectively)

Other assets, net (Allowance for expected credit losses of $44 at June 30, 2020)

923

867

Total assets

$

20,912

$

21,402

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

$

581

$

1,239

Accrued expenses and other current liabilities

1,445

1,578

Deferred merchant bookings

910

1,561

Convertible debt

973

988

Total current liabilities

3,909

5,366

Deferred income taxes

931

876

Operating lease liabilities

417

462

Long-term U.S. transition tax liability

922

1,021

Other long-term liabilities

101

104

Long-term debt

10,633

7,640

Total liabilities

16,913

15,469

Commitments and Contingencies

Stockholders' equity:

Common stock, $0.008 par value,

Authorized shares: 1,000,000,000

-

-

Issued shares: 63,390,891 and 63,179,471, respectively

Treasury stock, 22,442,328 and 21,762,070 shares, respectively

(24,119)

(22,864)

Additional paid-in capital

5,699

5,756

Retained earnings

22,652

23,232

Accumulated other comprehensive loss

(233)

(191)

Total stockholders' equity

3,999

5,933

Total liabilities and stockholders' equity

$

20,912

$

21,402

5

Booking Holdings Inc.

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS

(In millions, except share and per share data)

Three Months Ended

Six Months Ended

June 30,

June 30,

2020

2019

2020

2019

Agency revenues

$

357

$

2,607

$

1,781

$

4,556

Merchant revenues

245

959

904

1,562

Advertising and other revenues

28

284

233

569

Total revenues

630

3,850

2,918

6,687

Operating expenses:

Marketing expenses

211

1,367

1,062

2,560

Sales and other expenses

131

248

508

463

Personnel, including stock-based compensation of $77, $79, $83

452

619

936

1,120

and $153, respectively

General and administrative

104

180

305

371

Information technology

70

70

148

135

Depreciation and amortization

112

119

229

235

Restructuring and other exit costs

34

-

34

-

Impairment of goodwill

-

-

489

-

Total operating expenses

1,114

2,603

3,711

4,884

Operating (loss) income

(484)

1,247

(793)

1,803

Other income (expense):

Interest income

12

34

44

69

Interest expense

(96)

(68)

(160)

(134)

Net gains on marketable equity securities

835

17

528

468

Impairment of investment

-

-

(100)

-

Foreign currency transactions and other

(58)

(23)

(32)

(31)

Total other income (expense)

693

(40)

280

372

Income (loss) before income taxes

209

1,207

(513)

2,175

Income tax expense

87

228

64

431

Net income (loss)

$

122

$

979

$

(577)

$

1,744

Net income (loss) applicable to common stockholders per basic

$

2.98

$

22.62

$

(14.07)

$

39.52

common share

Weighted-average number of basic common shares outstanding (in

40,922

43,251

41,007

44,124

000's)

Net income (loss) applicable to common stockholders per diluted

$

2.97

$

22.44

$

(14.07)

$

39.17

common share

Weighted-average number of diluted common shares outstanding

40,995

43,601

41,007

44,514

(in 000's)

6

Booking Holdings Inc.

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In millions)

Six Months Ended

June 30,

2020

2019

OPERATING ACTIVITIES:

Net (loss) income

$

(577)

$

1,744

Adjustments to reconcile net (loss) income to net cash (used in) provided by

operating activities:

Depreciation and amortization

229

235

Provision for expected credit losses and chargebacks

322

74

Deferred income tax expense

11

60

Net gains on marketable equity securities

(528)

(468)

Stock-based compensation expense and other stock-based payments

94

162

Operating lease amortization

91

85

Amortization of debt discount and debt issuance costs

33

28

Unrealized foreign currency transaction losses on Euro-denominated debt

22

19

Impairment of goodwill

489

-

Impairment of investment

100

-

Other

3

9

Changes in assets and liabilities, net of effect of acquisition:

Accounts receivable

805

(523)

Prepaid expenses and other current assets

248

(584)

Deferred merchant bookings and other current liabilities

(1,567)

1,513

Other long-term assets and liabilities

(33)

(417)

Net cash (used in) provided by operating activities

(258)

1,937

INVESTING ACTIVITIES:

Purchase of investments

(72)

(580)

Proceeds from sale and maturity of investments

2,997

6,977

Additions to property and equipment

(150)

(199)

Acquisitions and other investments, net of cash acquired

-

(9)

Net cash provided by investing activities

2,775

6,189

FINANCING ACTIVITIES:

Proceeds from revolving credit facility and short-term borrowings

56

437

Repayments of revolving credit facility and short-term borrowings

-

(425)

Proceeds from the issuance of long-term debt

4,108

-

Payments of debt issuance costs

(38)

-

Payments for conversion of debt

(1,244)

-

Payments for repurchase of common stock

(1,294)

(5,491)

Other financing activities

5

(8)

Net cash provided by (used in) financing activities

1,593

(5,487)

Effect of exchange rate changes on cash and cash equivalents and restricted cash and

(19)

(8)

cash equivalents

Net increase in cash and cash equivalents and restricted cash and cash equivalents

4,091

2,631

Total cash and cash equivalents and restricted cash and cash equivalents,

6,332

2,645

beginning of period

Total cash and cash equivalents and restricted cash and cash equivalents,

$

10,423

$

5,276

end of period

SUPPLEMENTAL CASH FLOW INFORMATION:

Cash paid during the period for income taxes

$

61

$

949

Cash paid during the period for interest

$

92

$

101

7

Booking Holdings Inc.

UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL INFORMATION

(In millions, except share and per share data) (1)

RECONCILIATION OF TOTAL REVENUES TO NON-GAAP

Three Months Ended

Six Months Ended

TOTAL REVENUES

June 30,

June 30,

2020

2019

2020

2019

Total Revenues

$

630

3,850

$

2,918

$

6,687

(a)

Adjustment to merchant revenue

-

(53)

-

-

Non-GAAP Total Revenues

$

630

$

3,797

$

2,918

$

6,687

RECONCILIATION OF NET (LOSS) INCOME TO ADJUSTED

Three Months Ended

Six Months Ended

EBITDA

June 30,

June 30,

2020

2019

2020

2019

Net income (loss)

$

122

$

979

$

(577)

$

1,744

(a)

Adjustment to merchant revenue

-

(53)

-

-

(b)

Adjustment to personnel expenses

-

66

-

66

(c)

Depreciation and amortization

112

119

229

235

(d)

Impairment of goodwill

-

-

489

-

(c)

Interest income

(12)

(34)

(44)

(69)

(c)

Interest expense

96

68

160

134

(e)

Net gains on marketable equity securities

(835)

(17)

(528)

(468)

(f)

Impairment of investment

-

-

100

-

(g)

Remeasurement losses on certain Euro-denominated debt

55

19

22

19

(c)

Income tax (benefit) expense

87

228

64

431

Adjusted EBITDA

$

(376)

$

1,373

$

(86)

$

2,091

Adjusted EBITDA as a % of Non-GAAP Total Revenues

(59.7)%

36.1 %

(2.9)%

31.3 %

RECONCILIATION OF NET INCOME (LOSS) TO NON-

Three Months Ended

Six Months Ended

GAAP NET (LOSS) INCOME AND NON-GAAP NET (LOSS)

INCOME PER DILUTED COMMON SHARE

June 30,

June 30,

2020

2019

2020

2019

Net income (loss)

$

122

$

979

$

(577)

$

1,744

(a)

Adjustment to merchant revenue

-

(53)

-

-

(b)

Adjustment to personnel expenses

-

66

-

66

(d)

Impairment of goodwill

-

-

489

-

(e)

Net gains on marketable equity securities

(835)

(17)

(528)

(468)

(f)

Impairment of investment

-

-

100

-

(g)

Remeasurement losses on certain Euro-denominated debt

55

19

22

19

(h)

Amortization of intangible assets

42

44

85

89

(i)

Debt discount amortization related to convertible debt

15

11

26

22

(j)

Tax impact of Non-GAAP adjustments

159

(19)

97

65

Non-GAAP Net (loss) income

$

(443)

$

1,028

$

(287)

$

1,536

Weighted-average number of diluted common shares outstanding

40,922

43,601

41,007

44,514

(in 000's)

(2)

Non-GAAP Net (loss) income per diluted common share

$

(10.81)

$

23.59

$

(6.99)

$

34.51

8

RECONCILIATION OF GAAP TO NON-GAAP WEIGHTED-

Three Months Ended

Six Months Ended

AVERAGE DILUTED COMMON SHARES OUTSTANDING

June 30,

June 30,

2020

2019

2020

2019

GAAP weighted-average number of diluted common shares

40,995

43,601

41,007

44,514

outstanding (in 000's)

(k) Adjustment for anti-dilutive shares

(73)

-

-

-

Non-GAAPweighted-average number of diluted common shares

40,922

43,601

41,007

44,514

outstanding (in 000's) (2)

RECONCILIATION OF CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES TO FREE

Six Months Ended

CASH FLOW

June 30,

2020

2019

Net cash (used in) provided by operating activities

$

(258)

$

1,937

(l) Additions to property and equipment

(150)

(199)

Free cash flow

$

(408)

$

1,738

Free cash flow as a % of Non-GAAP Total Revenues

(14.0)%

26.0 %

  1. Amounts may not total due to rounding.
  2. For the three months ended June 30, 2020, as there was a non-GAAP net loss, the number of basic common shares outstanding is used to calculate non-GAAP earnings per share, as using the number of diluted common shares outstanding would be anti-dilutive.

Notes:

  1. An immaterial adjustment to merchant revenues related to prior periods due to a correction in the timing of revenue recognition on a component of merchant revenue.
  2. Adjustment to correct an immaterial error related to the nonpayment of prior-periodwage-related tax on compensation paid to certain highly-compensated former employees in the year of separation which is recorded in Personnel expenses.
  3. Amounts are excluded from Net income to calculate Adjusted EBITDA.
  4. Impairment of goodwill related to our OpenTable and KAYAK reporting unit is recorded in Operating expenses.
  5. Net gains or losses on marketable equity securities are excluded from Net income to calculate Non-GAAP Net income and Adjusted EBITDA.
  1. Impairment of investment in Didi Chuxing equity securities.
  1. Adjustment for foreign currency transaction gains or losses on our Euro-denominated debt that is not designated as a hedging instrument for accounting purposes is recorded in Foreign currency transactions and other.
  2. Amortization of intangible assets is recorded in Depreciation and amortization and excluded from Net income to calculate Non- GAAP Net income.
  1. Non-cashinterest expense related to the amortization of debt discount is recorded in Interest expense and is excluded from Net income to calculate Non-GAAP Net income.
  2. Reflects the tax impact of Non-GAAP adjustments and is excluded from Net income to calculate Non-GAAP Net income.
  1. Reflects shares that are excluded from the GAAP weighted-average diluted common shares, as these shares would be anti-dilutive given the non-GAAP net loss.
  1. Additions to property and equipment are included in the calculation of Free cash flow.
    For a more detailed discussion of the adjustments described above, please see the section in our press release entitled "Non- GAAP Financial Measures" which provides a definition and information about the use of non-GAAP financial measures.

9

Booking Holdings Inc.

Statistical Data In millions(1)

(Unaudited)

Units Sold

2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

Room Nights

191

201

171

217

213

223

191

124

28

Year/Year Growth/

12.0 %

13.4 %

13.0 %

10.3 %

11.8 %

11.0 %

11.8 %

(42.8)%

(86.7)%

(Decline)

Rental Car Days

21

19

15

18

21

21

16

12

2

Year/Year Growth/

1.0 %

(0.1)%

(0.6)%

(1.3)%

1.2 %

8.5 %

11.9 %

(36.4)%

(90.4)%

(Decline)

Airline Tickets

2

2

2

2

2

2

2

2

1

Year/Year Growth/

5.3 %

9.2 %

(1.3)%

4.4 %

2.4 %

(2.5)%

11.3 %

(8.0)%

(69.7)%

(Decline)

Gross Bookings(2)

2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

Agency

$19,090

$19,024

$15,230

$19,678

$18,638

$18,118

$14,218

$ 8,320

$

1,535

Merchant

4,807

5,250

4,322

5,732

6,401

7,163

6,495

4,073

771

Total

$23,896

$24,274

$19,552

$25,410

$25,039

$25,281

$20,713

$12,393

$

2,306

Gross Bookings Year/

Year Growth (Decline)

Agency

6.4 %

2.3 %

1.4 %

(4.4)%

(2.4)%

(4.8)%

(6.6)%

(57.7)%

(91.8)%

Merchant

68.6 %

65.7 %

45.8 %

29.3 %

33.2 %

36.5 %

50.3 %

(28.9)%

(88.0)%

Total

14.9 %

11.5 %

8.7 %

1.6 %

4.8 %

4.1 %

5.9 %

(51.2)%

(90.8)%

Constant Currency

11 %

14 %

13 %

8 %

10 %

7 %

7 %

(50)%

(91)%

2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

Total Revenues

$ 3,537

$ 4,849

$ 3,213

$ 2,837

$ 3,850

$ 5,040

$ 3,339

$ 2,288

$

630

Year/Year Growth/

19.6 %

10.7 %

16.3 %

(3.1)%

8.9 %

3.9 %

3.9 %

(19.3)%

(83.7)%

(Decline)

Constant Currency

16 %

13 %

21 %

3 %

14 %

7 %

5 %

(17)%

(83)%

(1)Amounts may not total due to rounding.

  1. Gross bookings is an operating and statistical metric that captures the total dollar value, generally inclusive of taxes and fees, of all travel services booked by our customers, net of cancellations.

10

Disclaimer

Booking Holdings Inc. published this content on 06 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 August 2020 20:03:20 UTC


share with twitter share with LinkedIn share with facebook
All news about BOOKING HOLDINGS INC.
10/21BOOKING : com Reveals Nine Predictions For The Future Of Travel
AQ
10/20SMARTER, KINDER, SAFER : Booking.com Reveals 9 Predictions for the Future of Tra..
AQ
10/15BOOKING : Costs Associated with Exit or Disposal Activities (form 8-K/A)
AQ
10/14EIGHTFOLD.AI : to Modernize Booking.com's Global Talent Acquisition Processes
PR
10/14Google, a Longtime Ally of Travel Sites, Is Now a Powerful Rival
DJ
10/13BOOKING : Squarespace Taps New CFO to Improve Forecasting, Reporting as Company ..
DJ
10/03EXCLUSIVE : Airbnb aims to raise roughly $3 billion in IPO - sources
RE
10/02Airbnb aims to raise roughly $3 billion in IPO - sources
RE
09/25AMSTERDAM : Booking.com reveals how Brits rediscovered travel closer to home thi..
AQ
09/10BOOKING : Costs Associated with Exit or Disposal Activities (form 8-K/A)
AQ
More news
Financials (USD)
Sales 2020 7 568 M - -
Net income 2020 373 M - -
Net Debt 2020 145 M - -
P/E ratio 2020 170x
Yield 2020 -
Capitalization 74 672 M 74 672 M -
EV / Sales 2020 9,89x
EV / Sales 2021 6,33x
Nbr of Employees 25 000
Free-Float 64,2%
Chart BOOKING HOLDINGS INC.
Duration : Period :
Booking Holdings Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BOOKING HOLDINGS INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 1 972,44 $
Last Close Price 1 823,55 $
Spread / Highest target 64,5%
Spread / Average Target 8,17%
Spread / Lowest Target -15,0%
EPS Revisions
Managers
NameTitle
Glenn D. Fogel President, Chief Executive Officer & Director
Robert J. Mylod Chairman
David Ian Goulden Chief Financial Officer & Executive Vice President
Jeffery H. Boyd Director
Thomas E. Rothman Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
BOOKING HOLDINGS INC.-11.21%74 672
TRIP.COM GROUP LIMITED-6.92%18 370
EXPEDIA GROUP, INC.-5.01%14 507
TONGCHENG-ELONG HOLDINGS LIMITED-0.14%3 906
TRIPADVISOR-31.17%2 811
MAKEMYTRIP LIMITED-5.28%2 240