Booking Holdings Inc
BKNG: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$5,875.00 | Zkrlt | Yknzxjvrkz |
Booking Holdings Earnings: Long-Term Network Edge Stout, but Near-Term Macro Concerns Mounting
Although we see Booking’s network edge (the source of its narrow moat) as industry-leading, we plan to lower our $3,700 per share fair value estimate by a mid-single-digit percentage, due to an increasingly ominous consumer environment, which we think can pressure near-term demand for Booking.