Expedia (EXPE) Earning Somewhat Positive News Coverage, Analysis Shows
Media stories about Expedia (NASDAQ:EXPE) have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Expedia earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave headlines about the online travel company an impact score of 46.5527208553665 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Expedia Inc (EXPE) Shares Move -0.55% – FLBC News (flbcnews.com)
- Expedia: Time To Cash In Your Chips – Seeking Alpha (seekingalpha.com)
- Expedia : new guide for Bigfoot, Yeti seekers (4-traders.com)
- Earnings Analysis Of Expedia Inc. (EXPE) (techkenyot.com)
- Trexquant Investment LP Lowers Position in Expedia, Inc. (EXPE) (topactu.net)
Shares of Expedia (NASDAQ EXPE) traded down 0.30% during midday trading on Friday, reaching $143.71. 1,578,303 shares of the company’s stock traded hands. The company has a 50 day moving average of $150.98 and a 200 day moving average of $137.85. Expedia has a 52-week low of $105.62 and a 52-week high of $161.00. The firm has a market cap of $21.79 billion, a PE ratio of 67.63 and a beta of 0.92.
Expedia (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, July 27th. The online travel company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.94 by $0.05. Expedia had a net margin of 3.49% and a return on equity of 10.98%. The business had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same period last year, the business posted $0.83 earnings per share. The firm’s quarterly revenue was up 17.8% on a year-over-year basis. On average, equities analysts predict that Expedia will post $5.09 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Thursday, August 24th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.84%. This is a positive change from Expedia’s previous quarterly dividend of $0.28. The ex-dividend date is Tuesday, August 22nd. Expedia’s dividend payout ratio (DPR) is 53.08%.
A number of equities analysts have issued reports on EXPE shares. Credit Suisse Group set a $151.00 price objective on shares of Expedia and gave the company a “buy” rating in a research note on Sunday, April 30th. SunTrust Banks, Inc. started coverage on shares of Expedia in a research note on Tuesday, August 15th. They issued a “buy” rating and a $190.00 price objective on the stock. Oppenheimer Holdings, Inc. raised their price objective on shares of Expedia from $145.00 to $150.00 and gave the company an “outperform” rating in a research note on Monday, May 1st. Raymond James Financial, Inc. reaffirmed a “market perform” rating and issued a $139.00 price objective on shares of Expedia in a research note on Thursday, May 18th. They noted that the move was a valuation call. Finally, Needham & Company LLC reaffirmed a “buy” rating on shares of Expedia in a research note on Wednesday, June 21st. Eight analysts have rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $160.81.
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In other Expedia news, Vice Chairman Victor Kaufman sold 35,598 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $149.29, for a total value of $5,314,425.42. Following the transaction, the insider now directly owns 167,673 shares of the company’s stock, valued at $25,031,902.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Dara Khosrowshahi sold 86,228 shares of the firm’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $154.12, for a total transaction of $13,289,459.36. Following the completion of the transaction, the chief executive officer now directly owns 518,576 shares in the company, valued at $79,922,933.12. The disclosure for this sale can be found here. Insiders sold 134,326 shares of company stock worth $20,478,885 over the last ninety days. Insiders own 20.95% of the company’s stock.
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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