News coverage about Expedia Group (NASDAQ:EXPE) has been trending positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Expedia Group earned a news sentiment score of 0.35 on Accern’s scale. Accern also gave news headlines about the online travel company an impact score of 46.5191748329877 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern’s rankings:
- PACIFIC Digital Group Accelerates Expansion into Europe (bizjournals.com)
- Uber rolls out safety features for drivers, passengers (finance.yahoo.com)
- Expedia Group (EXPE) Stock Rating Reaffirmed by SunTrust Banks (americanbankingnews.com)
- Global Business Travel Market 2018 – Expedia Inc., American Express Company (American Express Travel Related … (dailyl.com)
- Lot to expect from these two names in the coming days: Expedia Group, Inc. (EXPE), Denbury Resources Inc. (DNR) (nmsunews.com)
NASDAQ EXPE opened at $124.53 on Friday. Expedia Group has a 52 week low of $98.52 and a 52 week high of $154.24. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market cap of $19.52 billion, a PE ratio of 33.48, a P/E/G ratio of 1.84 and a beta of 1.36.
Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, July 26th. The online travel company reported $1.38 EPS for the quarter, topping the consensus estimate of $0.55 by $0.83. Expedia Group had a return on equity of 9.48% and a net margin of 2.54%. The business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.88 billion. During the same quarter in the previous year, the firm earned $0.89 EPS. The company’s quarterly revenue was up 11.4% compared to the same quarter last year. sell-side analysts expect that Expedia Group will post 4.42 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 13th. Stockholders of record on Thursday, August 23rd will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Wednesday, August 22nd. This is a positive change from Expedia Group’s previous quarterly dividend of $0.30. Expedia Group’s payout ratio is currently 34.41%.
EXPE has been the topic of several recent research reports. JPMorgan Chase & Co. lifted their target price on shares of Expedia Group from $115.00 to $137.00 and gave the stock a “neutral” rating in a research note on Friday, July 27th. Zacks Investment Research cut shares of Expedia Group from a “buy” rating to a “hold” rating in a research note on Tuesday, August 21st. Credit Suisse Group lifted their target price on shares of Expedia Group from $135.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, July 27th. BidaskClub raised shares of Expedia Group from a “hold” rating to a “buy” rating in a research note on Thursday, May 24th. Finally, Benchmark reaffirmed a “hold” rating on shares of Expedia Group in a research note on Friday, July 27th. Twelve investment analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $149.47.
In other news, insider Lance A. Soliday sold 3,269 shares of Expedia Group stock in a transaction on Friday, July 27th. The stock was sold at an average price of $138.07, for a total transaction of $451,350.83. Following the transaction, the insider now owns 7,143 shares in the company, valued at approximately $986,234.01. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Craig A. Jacobson sold 3,500 shares of Expedia Group stock in a transaction on Monday, August 6th. The stock was sold at an average price of $133.48, for a total value of $467,180.00. Following the transaction, the director now owns 31,764 shares in the company, valued at approximately $4,239,858.72. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,316 shares of company stock worth $1,125,813. Insiders own 20.96% of the company’s stock.
Expedia Group Company Profile
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.
Read More: Earnings Per Share
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