Expedia (EXPE) Earns Coverage Optimism Rating of 0.15
News headlines about Expedia (NASDAQ:EXPE) have trended somewhat positive on Wednesday, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Expedia earned a news impact score of 0.15 on Accern’s scale. Accern also gave headlines about the online travel company an impact score of 45.0286379944093 out of 100, meaning 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 headlines that may have effected Accern’s scoring:
- Expedia (EXPE) Rating Increased to Overweight at Morgan Stanley (americanbankingnews.com)
- Expedia names El Dorado as the best place to escape to in Kansas (butlercountytimesgazette.com)
- Expedia, Inc. (NASDAQ:EXPE): Broker Rating in Focus – Clawson News (clawsonnews.com)
- Expedia (EXPE) Stock Rating Upgraded by BidaskClub (americanbankingnews.com)
- Expedia: US Travelers Choose Experiences Over Possessions (news.gtp.gr)
Expedia (NASDAQ EXPE) traded down $0.10 during midday trading on Wednesday, hitting $127.18. The company had a trading volume of 1,220,700 shares, compared to its average volume of 1,840,000. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.72 and a current ratio of 0.72. Expedia has a 12 month low of $115.55 and a 12 month high of $161.00. The firm has a market cap of $19,390.00, a P/E ratio of 50.27, a price-to-earnings-growth ratio of 1.74 and a beta of 0.89.
Expedia (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, October 26th. The online travel company reported $2.51 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.61 by ($0.10). The firm had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.98 billion. Expedia had a net margin of 4.09% and a return on equity of 10.71%. The company’s revenue was up 14.9% compared to the same quarter last year. During the same period last year, the business earned $2.41 EPS. equities research analysts anticipate that Expedia will post 3.91 EPS for the current year.
A number of equities analysts have commented on EXPE shares. Deutsche Bank restated a “buy” rating and set a $171.00 price objective (down previously from $175.00) on shares of Expedia in a research note on Tuesday, October 24th. SunTrust Banks restated a “buy” rating and set a $190.00 price objective on shares of Expedia in a research note on Monday, October 23rd. KeyCorp restated a “buy” rating and set a $178.00 price objective on shares of Expedia in a research note on Tuesday, October 17th. Cowen set a $158.00 price objective on Expedia and gave the stock a “buy” rating in a research note on Thursday, October 12th. Finally, Needham & Company LLC restated a “buy” rating and set a $180.00 price objective on shares of Expedia in a research note on Thursday, September 28th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, twenty-two have issued a buy rating and one has assigned a strong buy rating to the stock. Expedia currently has an average rating of “Buy” and a consensus price target of $159.50.
In other Expedia news, Director Dara Khosrowshahi sold 10,590 shares of Expedia stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $117.58, for a total transaction of $1,245,172.20. Following the transaction, the director now directly owns 422,348 shares of the company’s stock, valued at approximately $49,659,677.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lance A. Soliday sold 2,401 shares of Expedia stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $120.37, for a total value of $289,008.37. Following the transaction, the insider now directly owns 5,744 shares in the company, valued at $691,405.28. The disclosure for this sale can be found here. Insiders have sold a total of 354,949 shares of company stock worth $43,978,025 over the last ninety days. Company insiders own 20.88% of the company’s stock.
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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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