News stories about Expedia (NASDAQ:EXPE) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Expedia earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the online travel company an impact score of 46.0842961196058 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- Weekend getaways, Australian vacation rentals and Disney theme parks: how the U.S. traveled in 2017 (finance.yahoo.com)
- Expedia : and ARC make it easier to find the cheapest air fares in 2018 (4-traders.com)
- Expedia and ARC make it easier to find the cheapest air fares in 2018 (bizjournals.com)
- Expedia revela los destinos que marcan tendencia para esta Nochevieja (prnewswire.com)
- Expedia CEO: Math and Strategy Are ‘In Our Favor’ (skift.com)
Several equities analysts have weighed in on EXPE shares. Piper Jaffray Companies reissued a “buy” rating and set a $173.00 price objective on shares of Expedia in a report on Thursday, August 31st. SunTrust Banks reissued a “buy” rating and set a $190.00 price objective on shares of Expedia in a report on Monday, August 28th. Cowen reissued a “buy” rating and set a $170.00 price objective on shares of Expedia in a report on Sunday, August 27th. BidaskClub raised Expedia from a “hold” rating to a “buy” rating in a report on Friday, August 25th. Finally, Jefferies Group raised Expedia from a “hold” rating to a “buy” rating and increased their price objective for the company from $140.00 to $180.00 in a report on Thursday, August 24th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $159.44.
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 return on equity of 10.71% and a net margin of 4.09%. The business had revenue of $2.97 billion during the quarter, compared to analysts’ expectations of $2.98 billion. During the same quarter last year, the business posted $2.41 EPS. The company’s quarterly revenue was up 14.9% on a year-over-year basis. sell-side analysts predict that Expedia will post 3.91 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 7th. Investors of record on Thursday, November 16th were given a $0.30 dividend. The ex-dividend date was Wednesday, November 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.01%. Expedia’s dividend payout ratio (DPR) is presently 47.43%.
In other Expedia news, Vice Chairman Victor Kaufman sold 119,575 shares of the firm’s stock in a transaction dated Tuesday, October 31st. The stock was 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 $20,971,340.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dara Khosrowshahi sold 10,590 shares of the firm’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $117.58, for a total value of $1,245,172.20. Following the sale, the director now owns 422,348 shares in the company, valued at approximately $49,659,677.84. The disclosure for this sale can be found here. Insiders sold 352,548 shares of company stock worth $43,689,017 in the last quarter. 20.88% of the stock is currently owned by company insiders.
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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