Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Expedia (EXPE) Share Price
Media headlines about Expedia (NASDAQ:EXPE) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Expedia earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave headlines about the online travel company an impact score of 45.5270789043657 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Take the Path Less Trodden & Buy These 5 Rising P/E Stocks (finance.yahoo.com)
- 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)
A number of equities analysts have commented on EXPE shares. Citigroup reissued a “buy” rating and issued a $170.00 price objective (down from $180.00) on shares of Expedia in a research note on Friday, October 27th. Deutsche Bank reissued a “buy” rating and issued a $171.00 price objective (down from $175.00) on shares of Expedia in a research note on Tuesday, October 24th. Morgan Stanley raised shares of Expedia from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, January 10th. BidaskClub cut shares of Expedia from a “sell” rating to a “strong sell” rating in a research note on Saturday, December 2nd. Finally, Bank of America raised shares of Expedia from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 3rd. Eight investment analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the company’s stock. Expedia presently has a consensus rating of “Buy” and a consensus target price of $158.62.
Expedia (NASDAQ:EXPE) last released its earnings results on Thursday, October 26th. The online travel company reported $2.51 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.61 by ($0.10). The firm had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.98 billion. Expedia had a return on equity of 10.71% and a net margin of 4.09%. Expedia’s revenue was up 14.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.41 EPS. equities analysts forecast that Expedia will post 3.91 EPS for the current year.
In related news, insider Lance A. Soliday sold 2,401 shares of Expedia stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $120.37, for a total transaction of $289,008.37. Following the completion of 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 Securities & Exchange Commission, which is available at this link. Also, Director Dara Khosrowshahi sold 72,383 shares of Expedia stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $123.04, for a total transaction of $8,906,004.32. Following the sale, the director now owns 494,731 shares of the company’s stock, valued at approximately $60,871,702.24. The disclosure for this sale can be found here. Insiders sold a total of 354,949 shares of company stock valued at $43,978,025 in the last 90 days. Company insiders own 20.88% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: “Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Expedia (EXPE) Share Price” was first published by Watch List News and is the sole property of of Watch List News. If you are reading this news story on another website, it was stolen and reposted in violation of US and international copyright & trademark laws. The correct version of this news story can be accessed at https://www.watchlistnews.com/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-expedia-expe-share-price/1818759.html.
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.
Receive News & Ratings for Expedia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia and related companies with MarketBeat.com's FREE daily email newsletter.