Equities analysts expect that Expedia, Inc. (NASDAQ:EXPE) will announce earnings of $1.17 per share for the current quarter, according to Zacks Investment Research. Nine analysts have provided estimates for Expedia’s earnings. The lowest EPS estimate is $1.02 and the highest is $1.29. Expedia also posted earnings of $1.17 per share during the same quarter last year. The firm is scheduled to announce its next earnings results on Thursday, February 8th.
On average, analysts expect that Expedia will report full-year earnings of $4.64 per share for the current financial year, with EPS estimates ranging from $4.49 to $4.76. For the next fiscal year, analysts forecast that the business will report earnings of $5.34 per share, with EPS estimates ranging from $4.70 to $5.90. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Expedia.
Expedia (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, October 26th. The online travel company reported $2.51 EPS for the quarter, missing the consensus estimate of $2.61 by ($0.10). Expedia had a return on equity of 10.71% and a net margin of 4.09%. The company had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.98 billion. During the same period last year, the business earned $2.41 EPS. The firm’s quarterly revenue was up 14.9% compared to the same quarter last year.
EXPE has been the topic of several recent research reports. UBS Group reaffirmed a “buy” rating and issued a $170.00 price objective (down previously from $178.00) on shares of Expedia in a research note on Friday, September 22nd. Bank of America reaffirmed a “buy” rating and issued a $178.00 price objective (down previously from $187.00) on shares of Expedia in a research note on Tuesday, September 26th. Needham & Company LLC reaffirmed a “buy” rating and issued a $180.00 price objective on shares of Expedia in a research note on Thursday, September 28th. 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, KeyCorp reaffirmed a “buy” rating and issued a $178.00 price objective on shares of Expedia in a research note on Tuesday, October 17th. Eight equities research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and one has issued a strong buy rating to the stock. Expedia currently has a consensus rating of “Buy” and a consensus price target of $158.34.
Expedia (EXPE) traded up $2.95 during midday trading on Tuesday, hitting $132.36. The stock had a trading volume of 2,245,400 shares, compared to its average volume of 1,876,389. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.72 and a quick ratio of 0.72. Expedia has a 1 year low of $115.55 and a 1 year high of $161.00. The company has a market capitalization of $19,920.00, a P/E ratio of 52.32, a P/E/G ratio of 1.81 and a beta of 0.89.
In other Expedia news, insider Lance A. Soliday sold 2,401 shares of Expedia stock in a transaction that occurred on Thursday, December 21st. The stock was sold at an average price of $120.37, for a total value of $289,008.37. Following the sale, the insider now owns 5,744 shares of the company’s stock, valued at approximately $691,405.28. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Dara Khosrowshahi sold 150,000 shares of Expedia stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $125.00, for a total value of $18,750,000.00. Following the completion of the sale, the director now directly owns 522,348 shares in the company, valued at approximately $65,293,500. The disclosure for this sale can be found here. In the last ninety days, insiders sold 354,949 shares of company stock worth $43,978,025. Corporate insiders own 20.88% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in EXPE. Fuller & Thaler Asset Management Inc. bought a new stake in Expedia in the 3rd quarter worth approximately $101,000. San Francisco Sentry Investment Group CA bought a new stake in Expedia in the 2nd quarter worth approximately $102,000. Krilogy Financial LLC increased its stake in Expedia by 2,900.0% in the 3rd quarter. Krilogy Financial LLC now owns 900 shares of the online travel company’s stock worth $130,000 after acquiring an additional 870 shares during the last quarter. Sun Life Financial INC boosted its holdings in shares of Expedia by 10,987.5% in the 2nd quarter. Sun Life Financial INC now owns 887 shares of the online travel company’s stock worth $132,000 after purchasing an additional 879 shares during the period. Finally, Pathstone Family Office LLC boosted its holdings in shares of Expedia by 15,833.3% in the 2nd quarter. Pathstone Family Office LLC now owns 956 shares of the online travel company’s stock worth $143,000 after purchasing an additional 950 shares during the period. 84.12% of the stock is currently owned by institutional investors and hedge funds.
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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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