Expedia (NASDAQ:EXPE) Receives Daily News Sentiment Rating of 0.18
Press coverage about Expedia (NASDAQ:EXPE) has been trending somewhat positive this week, Accern reports. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Expedia earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media coverage about the online travel company an impact score of 46.8541049161146 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Expedia moves beyond distribution with new tools to help hoteliers sell direct – Tnooz (tnooz.com)
- Buy The Dip On These 2 Travel Stocks – Schaeffers Research (blog) (schaeffersresearch.com)
- Expedia, Inc. (NASDAQ:EXPE) versus Ingersoll-Rand Plc (NYSE:IR): The Right Stocks For Heady Investors? – FLBC News (flbcnews.com)
- Expedia, Inc. (NASDAQ:EXPE) Trading Up – Insiders Selling, Short Interest Growing – Modern Readers (modernreaders.com)
- Expedia reveals 10 busiest destinations for Labor Day 2017 (finance.yahoo.com)
A number of equities analysts have recently issued reports on the company. Cowen and Company reaffirmed a “buy” rating on shares of Expedia in a research report on Friday, July 28th. TheStreet raised Expedia from a “c+” rating to a “b” rating in a research report on Thursday, July 27th. Cantor Fitzgerald reaffirmed a “hold” rating on shares of Expedia in a research report on Monday, June 26th. Stifel Nicolaus reaffirmed a “hold” rating and set a $160.00 price target (up from $135.00) on shares of Expedia in a research report on Sunday, July 30th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $170.00 price target (up from $135.00) on shares of Expedia in a research report on Tuesday, July 18th. Eight investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $159.73.
Shares of Expedia (NASDAQ EXPE) traded down 2.94% during midday trading on Thursday, hitting $143.55. 1,813,932 shares of the stock were exchanged. The stock has a 50 day moving average price of $151.97 and a 200-day moving average price of $136.73. The company has a market cap of $21.77 billion, a PE ratio of 67.55 and a beta of 0.92. Expedia has a 12 month low of $105.62 and a 12 month high of $161.00.
Expedia (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, July 27th. The online travel company reported $0.89 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by $0.05. Expedia had a return on equity of 10.98% and a net margin of 3.49%. The company had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same quarter in the prior year, the business earned $0.83 earnings per share. Expedia’s revenue was up 17.8% compared to the same quarter last year. On average, analysts predict that Expedia will post $5.11 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Investors of record on Thursday, August 24th will be paid a dividend of $0.30 per share. This is a positive change from Expedia’s previous quarterly dividend of $0.28. This represents a $1.20 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Tuesday, August 22nd. Expedia’s dividend payout ratio (DPR) is currently 53.08%.
In related news, insider Lance A. Soliday sold 2,544 shares of Expedia stock in a transaction on Friday, May 19th. The shares were sold at an average price of $142.30, for a total transaction of $362,011.20. Following the sale, the insider now directly owns 4,815 shares in the company, valued at approximately $685,174.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Dara Khosrowshahi sold 86,228 shares of Expedia stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $154.12, for a total transaction of $13,289,459.36. Following the sale, the chief executive officer now owns 518,576 shares in the company, valued at $79,922,933.12. The disclosure for this sale can be found here. Insiders have sold a total of 136,870 shares of company stock worth $20,840,896 over the last quarter. 20.95% of the stock is owned by company insiders.
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Expedia Company Profile
Expedia, Inc is an online travel company. The Company operates through four segments: Core Online Travel Agencies (Core OTA), trivago, Egencia and HomeAway. The Company’s Core OTA segment provides a range of travel and advertising services to its customers across the world, through a range of brands, including Expedia.com and Hotels.com in the United States, and localized Expedia and Hotels.com Websites throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Wotif Group, CarRentals.com and Classic Vacations.
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