Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Expedia (EXPE) Stock Price
Media coverage about Expedia (NASDAQ:EXPE) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Expedia earned a news impact score of 0.23 on Accern’s scale. Accern also gave news headlines about the online travel company an impact score of 45.727287952335 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern’s analysis:
- Expedia Could Find a Silver Lining in Trivago’s Woes (skift.com)
- Analysts Expect Expedia, Inc. (EXPE) Will Announce Quarterly Sales of $2.36 Billion (americanbankingnews.com)
- Expedia, Inc. (EXPE) Expected to Announce Earnings of $1.17 Per Share (americanbankingnews.com)
- Expedia (EXPE) Upgraded to Buy at Zacks Investment Research (americanbankingnews.com)
- Expedia, Inc. (EXPE) Expected to Earn FY2022 Earnings of $14.13 Per Share (americanbankingnews.com)
Several research analysts recently commented on the stock. Cowen set a $135.00 target price on shares of Expedia and gave the stock a “buy” rating in a research note on Sunday, October 29th. Zacks Investment Research raised shares of Expedia from a “sell” rating to a “hold” rating in a research note on Wednesday, November 1st. Bank of America raised shares of Expedia from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 3rd. BidaskClub raised shares of Expedia from a “strong sell” rating to a “sell” rating in a research note on Friday, January 5th. Finally, UBS Group reaffirmed a “buy” rating and issued a $170.00 target price (down from $178.00) on shares of Expedia in a research note on Friday, September 22nd. Eight equities research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $158.34.
Expedia (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, October 26th. The online travel company reported $2.51 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.61 by ($0.10). Expedia had a net margin of 4.09% and a return on equity of 10.71%. The company had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.98 billion. During the same period in the previous year, the firm posted $2.41 earnings per share. The firm’s revenue for the quarter was up 14.9% compared to the same quarter last year. sell-side analysts expect that Expedia will post 3.91 EPS for the current fiscal year.
In other news, insider Lance A. Soliday sold 2,401 shares of the business’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $120.37, for a total transaction of $289,008.37. Following the sale, the insider now owns 5,744 shares in the company, valued at approximately $691,405.28. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Vice Chairman Victor Kaufman sold 119,575 shares of the business’s stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $123.67, for a total transaction of $14,787,840.25. Following the sale, the insider now owns 169,575 shares in the company, valued at approximately $20,971,340.25. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 354,949 shares of company stock worth $43,978,025. Company insiders own 20.95% of the company’s stock.
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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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