Expedia (EXPE) Receives Daily Coverage Optimism Score of 0.09
Press coverage about Expedia (NASDAQ:EXPE) has been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. 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 media sentiment score of 0.09 on Accern’s scale. Accern also assigned news articles about the online travel company an impact score of 45.7171337849958 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Expedia, Inc. (EXPE) Earns Buy Rating from Analysts at SunTrust Banks, Inc. (americanbankingnews.com)
- Susquehanna International Group, Llp Buys A Lot More Expedia, Inc. (EXPE) Stock Last Quarter (highlightpress.com)
- ETFs with exposure to Expedia, Inc. : August 15, 2017 (finance.yahoo.com)
- Expedia Combats Economic Inequality & Climate Change Together (environmentguru.com)
- Priceline and Expedia managers bolster Bidroom’s sales team (ehotelier.com)
EXPE has been the subject of a number of recent analyst reports. Oppenheimer Holdings, Inc. upped their price objective on shares of Expedia from $145.00 to $150.00 and gave the stock an “outperform” rating in a research report on Monday, May 1st. JMP Securities reaffirmed an “outperform” rating and issued a $155.00 price objective (up from $142.00) on shares of Expedia in a research report on Tuesday, May 2nd. Needham & Company LLC upped their price objective on shares of Expedia from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, April 28th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $175.00 price objective (up from $158.00) on shares of Expedia in a research report on Wednesday, July 26th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $170.00 price objective (up from $135.00) on shares of Expedia in a research report on Tuesday, July 18th. Eight analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company’s stock. Expedia presently has an average rating of “Buy” and a consensus price target of $159.73.
Expedia (EXPE) traded down 0.35% during mid-day trading on Tuesday, reaching $147.06. 1,254,710 shares of the company’s stock traded hands. The stock has a 50 day moving average of $151.25 and a 200 day moving average of $137.56. The company has a market cap of $22.30 billion, a P/E ratio of 69.20 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 posted its quarterly earnings results on Thursday, July 27th. The online travel company reported $0.89 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.94 by $0.05. The firm had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.55 billion. Expedia had a return on equity of 10.98% and a net margin of 3.49%. The business’s revenue for the quarter was up 17.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.83 earnings per share. On average, equities research analysts predict that Expedia will post $5.11 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Thursday, August 24th will be given a $0.30 dividend. This is a positive change from Expedia’s previous quarterly dividend of $0.28. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date of this dividend is Tuesday, August 22nd. Expedia’s dividend payout ratio is presently 53.08%.
In other news, Vice Chairman Victor Kaufman sold 35,598 shares of the business’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 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 is available through this link. Also, CEO Dara Khosrowshahi sold 86,228 shares of the business’s 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 completion of the transaction, the chief executive officer now directly owns 518,576 shares in the company, valued at approximately $79,922,933.12. The disclosure for this sale can be found here. Over the last quarter, insiders sold 136,870 shares of company stock valued at $20,840,896. 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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