Equities research analysts predict that Expedia (NASDAQ:EXPE) will report sales of $2.89 billion for the current quarter, according to Zacks Investment Research. Twelve analysts have provided estimates for Expedia’s earnings. The lowest sales estimate is $2.75 billion and the highest is $2.98 billion. Expedia posted sales of $2.59 billion during the same quarter last year, which suggests a positive year over year growth rate of 11.6%. The business is scheduled to announce its next earnings results on Thursday, July 26th.
On average, analysts expect that Expedia will report full-year sales of $11.35 billion for the current year, with estimates ranging from $10.93 billion to $11.50 billion. For the next year, analysts expect that the company will report sales of $12.70 billion per share, with estimates ranging from $12.16 billion to $12.96 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Expedia.
Expedia (NASDAQ:EXPE) last announced its earnings results on Thursday, April 26th. The online travel company reported ($0.46) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.53). The firm had revenue of $2.51 billion during the quarter, compared to the consensus estimate of $2.44 billion. Expedia had a return on equity of 8.25% and a net margin of 3.15%. The business’s revenue was up 14.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.05 EPS.
EXPE has been the topic of several recent analyst reports. ValuEngine upgraded shares of Expedia from a “sell” rating to a “hold” rating in a report on Monday, April 9th. Credit Suisse Group lifted their target price on shares of Expedia from $129.00 to $135.00 and gave the stock a “buy” rating in a report on Friday, April 27th. Zacks Investment Research upgraded shares of Expedia from a “sell” rating to a “hold” rating in a report on Wednesday, April 18th. Morgan Stanley dropped their price objective on shares of Expedia from $160.00 to $150.00 and set an “overweight” rating on the stock in a report on Friday, February 9th. Finally, Bank of America dropped their price objective on shares of Expedia from $145.00 to $138.00 and set a “buy” rating on the stock in a report on Friday, February 9th. Twelve equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $144.38.
Expedia traded up $1.29, hitting $116.36, during trading on Friday, according to MarketBeat Ratings. The stock had a trading volume of 845,170 shares, compared to its average volume of 2,396,798. The company has a market capitalization of $17.35 billion, a PE ratio of 31.28, a price-to-earnings-growth ratio of 1.95 and a beta of 1.06. Expedia has a 12 month low of $98.52 and a 12 month high of $161.00. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.74 and a quick ratio of 0.74.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 14th. Investors of record on Thursday, May 24th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, May 23rd. This represents a $1.20 dividend on an annualized basis and a yield of 1.03%. Expedia’s payout ratio is currently 32.26%.
A number of hedge funds and other institutional investors have recently bought and sold shares of EXPE. Delpha Capital Management LLC bought a new stake in Expedia in the fourth quarter valued at about $104,000. Dupont Capital Management Corp boosted its position in Expedia by 90.9% in the fourth quarter. Dupont Capital Management Corp now owns 1,046 shares of the online travel company’s stock valued at $125,000 after buying an additional 498 shares in the last quarter. Optimum Investment Advisors acquired a new position in Expedia in the first quarter valued at about $131,000. Compagnie Lombard Odier SCmA boosted its position in Expedia by 100.0% in the first quarter. Compagnie Lombard Odier SCmA now owns 1,800 shares of the online travel company’s stock valued at $198,000 after buying an additional 900 shares in the last quarter. Finally, Aristotle Atlantic Partners LLC acquired a new position in Expedia in the fourth quarter valued at about $207,000. 79.33% of the stock is currently owned by institutional investors and hedge funds.
Expedia Group, Inc, together with its subsidiaries, operates as an online travel company in the United States and internationally. It operates through Core OTA, Trivago, HomeAway, and Egencia segments. The company facilitates the booking of hotel rooms, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.
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