Expedia Group (EXPE) to Release Quarterly Earnings on Thursday

Expedia Group (NASDAQ:EXPE) is projected to post its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect Expedia Group to post earnings of $2.06 per share and revenue of $3.07 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, November 7th. The online travel company reported $5.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.42 by ($0.24). The company had revenue of $4.06 billion for the quarter, compared to the consensus estimate of $4.11 billion. Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. During the same quarter in the previous year, the company posted $4.85 EPS. On average, analysts expect Expedia Group to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Expedia Group Stock Down 0.8 %

NASDAQ:EXPE opened at $169.62 on Tuesday. Expedia Group has a twelve month low of $107.25 and a twelve month high of $192.34. The firm has a market capitalization of $21.77 billion, a price-to-earnings ratio of 21.83, a price-to-earnings-growth ratio of 0.77 and a beta of 1.82. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The stock’s 50 day moving average price is $183.26 and its two-hundred day moving average price is $159.28.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Argus upped their target price on Expedia Group from $210.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft lowered shares of Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Robert W. Baird initiated coverage on shares of Expedia Group in a report on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 target price for the company. Melius upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price objective on the stock in a research report on Monday, January 6th. Finally, Cantor Fitzgerald reduced their target price on shares of Expedia Group from $190.00 to $180.00 and set a “neutral” rating on the stock in a report on Wednesday, January 29th. Twenty investment analysts have rated the stock with a hold rating, ten have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, Expedia Group has an average rating of “Hold” and a consensus price target of $177.75.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the sale, the director now owns 168,505 shares of the company’s stock, valued at $31,198,700.75. The trade was a 5.60 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Lance A. Soliday sold 7,000 shares of the firm’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at $2,035,922.13. The trade was a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 18,951 shares of company stock worth $3,476,610 over the last ninety days. 6.80% of the stock is currently owned by company insiders.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.