Booking.com (BKNG)

Financial Performance

Booking.com's recent financial performance is promising. Revenue, gross profit and operating income have all seen significant growth year over year and quarter over quarter. The EBITDA ratio of 0.34 also indicates a healthy level of profitability.

Stock Price

The stock price has been on an upward trend, with a strong gain of 15.5% in the last month and almost 60% in the past year. The current RSI value at 72.68 suggests that the stock is potentially overbought, which may indicate a future price correction or slowdown in momentum. However, the PE ratio at 33.67 indicates that investors are willing to pay a high price for each dollar of earnings, suggesting optimism about the company's future prospects.

Alternative Data Signals

In terms of alternative data signals, there are mixed results. Web traffic has slightly decreased month over month but app downloads have surged significantly both month over month and year over year indicating increased consumer engagement with Booking.com's mobile platform despite lower web traffic volumes.

The decrease in job postings could suggest cost-saving measures or efficiency improvements within the company but might also be indicative of slower growth expectations.

A majority (75%) of employees report having a positive business outlook which is generally encouraging although it represents a slight decrease from previous periods. Social media followership across various platforms shows consistent growth indicating continued brand strength and visibility among consumers.

Conclusion

In conclusion, Booking.com's stock exhibits bullish characteristics given its strong financial performance and robust growth in key areas such as revenue and gross profit along with increasing social media presence and mobile app usage despite some potential concerns like decreasing job openings and slightly reduced employee optimism. The stock is currently trading above its 200-day moving average, suggesting an overall upward trend.

Note: This AI Stock Analysis is based on data as of November 18. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Booking.com (BKNG), currently trading at $5202, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.