Jefferies Group Weighs in on Expedia Inc’s Q1 2018 Earnings (EXPE)

Expedia Inc (NASDAQ:EXPE) – Stock analysts at Jefferies Group lowered their Q1 2018 EPS estimates for Expedia in a research report issued on Monday, April 16th. Jefferies Group analyst B. Thill now expects that the online travel company will earn ($1.20) per share for the quarter, down from their previous estimate of ($0.50). Jefferies Group also issued estimates for Expedia’s Q4 2018 earnings at $1.49 EPS and FY2018 earnings at $3.72 EPS.

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A number of other research analysts also recently weighed in on EXPE. Bank of America upgraded Expedia from a “neutral” rating to a “buy” rating in a report on Wednesday, January 3rd. Vetr downgraded Expedia from a “strong-buy” rating to a “buy” rating and set a $140.63 price target on the stock. in a report on Thursday, January 4th. BidaskClub upgraded Expedia from a “strong sell” rating to a “sell” rating in a report on Friday, January 5th. Morgan Stanley upgraded Expedia from an “equal weight” rating to an “overweight” rating in a report on Wednesday, January 10th. Finally, SunTrust Banks lifted their price target on Expedia to $180.00 and gave the company a “buy” rating in a report on Friday, January 12th. They noted that the move was a valuation call. Fourteen analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $145.08.

Shares of EXPE stock opened at $111.37 on Thursday. Expedia has a 1-year low of $98.52 and a 1-year high of $161.00. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.61. The firm has a market cap of $16,769.84, a PE ratio of 29.94, a price-to-earnings-growth ratio of 2.18 and a beta of 1.04.

Expedia (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, February 8th. The online travel company reported $0.84 earnings per share for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.31). Expedia had a net margin of 3.76% and a return on equity of 9.66%. The business had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.35 billion. During the same quarter in the prior year, the firm posted $1.17 EPS. The business’s quarterly revenue was up 10.8% compared to the same quarter last year.

Large investors have recently made changes to their positions in the business. Douglas Lane & Associates LLC lifted its position in shares of Expedia by 26.6% in the fourth quarter. Douglas Lane & Associates LLC now owns 313,239 shares of the online travel company’s stock worth $37,517,000 after buying an additional 65,821 shares during the last quarter. Penserra Capital Management LLC lifted its position in shares of Expedia by 103.2% in the fourth quarter. Penserra Capital Management LLC now owns 45,194 shares of the online travel company’s stock worth $5,411,000 after buying an additional 22,957 shares during the last quarter. Boyd Watterson Asset Management LLC OH lifted its position in shares of Expedia by 23.3% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 10,279 shares of the online travel company’s stock worth $1,231,000 after buying an additional 1,940 shares during the last quarter. BTIM Corp. acquired a new stake in shares of Expedia in the fourth quarter worth about $2,380,000. Finally, HPM Partners LLC acquired a new stake in shares of Expedia in the fourth quarter worth about $403,000. 80.19% of the stock is owned by institutional investors.

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 28th. Shareholders of record on Thursday, March 8th were given a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, March 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.08%. Expedia’s dividend payout ratio is currently 32.26%.

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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.

Earnings History and Estimates for Expedia (NASDAQ:EXPE)

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