Is the travel boom fading? Analysts are getting more skeptical about 2023. [MarketWatch]
Booking Holdings Inc. (BKNG)
Last booking holdings inc. earnings: 2/26 04:04 pm
Check Earnings Report
Company Research
Source: MarketWatch
Even as airline executives crank up their enthusiasm about the travel rebound to maximum volume, analysts see cracks elsewhere in the industry. In a new report, Wolfe Research analysts said they now expect the online travel sector to underperform the S&P 500 by at least 10% over the next 12 months, and they downgraded travel-planning websites Booking Holdings Inc., Expedia Group Inc. and Tripadvisor Inc. in the process. “Travel demand is likely to moderate amidst macroeconomic slowdown in 2023 and consensus does not appear to reflect the magnitude accurately,” analysts Deepak Mathivanan, Zach Morrissey and Jack Halpert wrote in a note to clients. The analysts also said that many online travel platforms have “ventured into less efficient customer acquisition channels” over the past 12 to 18 months, and that there were few options available to expand margins. Wolfe Research said Booking Holdings' BKNG, exposure to Europe, where the pain from inflation and an energy crisis has b
Show less
Read more
Impact Snapshot
Event Time:
BKNG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BKNG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BKNG alerts
High impacting Booking Holdings Inc. news events
Weekly update
A roundup of the hottest topics
BKNG
News
- Booking Holdings to Attend the 52nd Annual J.P. Morgan Global Technology, Media and Communications ConferencePR Newswire
- Airbnb slumps as gloomy forecast fans slowdown fears [Yahoo! Finance Canada]Yahoo! Finance Canada
- Airbnb slumps as gloomy forecast fans slowdown fears [Reuters]Reuters
- Airbnb slumps as gloomy forecast fans slowdown fears [Yahoo! Finance]Yahoo! Finance
- Over half of Aussie mums say wanting breakfast in bed is the biggest Mother's Day myth, favouring a dining experience instead as Australia celebrates 100 years of Mother's Day [Yahoo! Finance]Yahoo! Finance
BKNG
Earnings
- 5/2/24 - Beat
BKNG
Sec Filings
- 5/10/24 - Form 8-K
- 5/9/24 - Form 4
- 5/7/24 - Form PX14A6G
- BKNG's page on the SEC website