Yahoo Finance Here's Why Booking Holdings (BKNG) is a Strong Growth Stock
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why This 1 Growth Stock Should Be On Your Watchlist
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Booking Holdings (BKNG)
Norwalk, Connecticut-based Booking Holdings Inc. is one of the largest online travel companies in the world. The company’s travel-related offerings cover hotel rooms, airline tickets, rental cars, vacation packages, cruises, “things to do” at customer destinations and travel insurance.
BKNG boasts a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 37.3% year-over-year for 2023, while Wall Street anticipates its top line to improve by 18.8%.
Nine analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $9.96 to $137.11 per share for 2023. BKNG boasts an average earnings surprise of 11.1%.
On a historic basis, Booking Holdings has generated cash flow growth of 0.7%, and is expected to report cash flow expansion of 92.3% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, BKNG should be on investors' short lists.
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Booking Holdings Inc. (BKNG) : Free Stock Analysis Report
