Zacks Equity
It doesn't matter if you're a growth, value, income, or momentum-focused investor -- building a successful investment portfolio takes skill, research, and a little bit of luck. Should You Buy #1 (Strong Buy)-Ranked Booking Holdings (BKNG) for Your Portfolio? Booking Holdings was upgraded to the Zacks Rank #1 list on February 1, 2024. The Zacks Rank is a unique stock-rating model that helps you take advantage of earnings estimate revision trends and provides a way to get into stocks highly sought after by institutional investors. Norwalk, CT-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. Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.24 to $149.51 per share. BKNG boasts an average earnings surprise of 16.4%. Analysts are expecting earnings to grow 49.8% for the current fiscal year, with revenue forecasted to rise 24.2%. Additionally, BKNG has climbed higher over the past four weeks, gaining 2.5%. The S&P 500 is up 1.6% in comparison. Bottom Line the author claims that Toast has surpassed consensus revenue estimates four times over the last four quarters when it only did so three times.
58%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
85%
Examples:
- Investors should also take note of any recent adjustments to analyst estimates for Plug Power.
- The author claims that Toast has surpassed consensus revenue estimates four times over the last four quarters when it only did so three times.
Conflicts of Interest
50%
Examples:
- The author fails to disclose any potential conflicts of interest with these analysts.
Contradictions
100%
Examples:
- The author claims that Toast has risen by 9.56% in the past month and led its sector's gain of 0.38%. However, this information is misleading as it does not take into account other factors such as market trends or external events that may have influenced the stock price movement.
Deceptions
30%
Examples:
- Per the company, clips that attach the trim to the exterior of the vehicle are not properly engaged due to improper assembly or repair, causing the A-pillar trim to become loose or fully detach.
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