Expedia Group (EXPE) Set to Announce Earnings on Thursday

Expedia Group (NASDAQ:EXPE) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Expedia Group to post earnings of ($0.36) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.10. Expedia Group had a net margin of 6.21% and a return on equity of 35.79%. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.88 billion. On average, analysts expect Expedia Group to post $10 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Expedia Group Trading Up 0.6 %

Shares of Expedia Group stock opened at $135.80 on Thursday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 2.24. Expedia Group has a 12-month low of $87.94 and a 12-month high of $160.05. The firm has a market capitalization of $18.51 billion, a price-to-earnings ratio of 25.24, a PEG ratio of 0.40 and a beta of 1.86. The firm’s 50 day simple moving average is $134.36 and its two-hundred day simple moving average is $133.66.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Mizuho upped their price target on shares of Expedia Group from $130.00 to $140.00 and gave the company a “neutral” rating in a research note on Tuesday, February 6th. Jefferies Financial Group cut their price objective on shares of Expedia Group from $150.00 to $145.00 and set a “hold” rating on the stock in a research note on Tuesday, March 19th. Ascendiant Capital Markets increased their price objective on shares of Expedia Group from $133.00 to $168.00 and gave the stock a “buy” rating in a research note on Friday, December 29th. BTIG Research increased their price objective on shares of Expedia Group from $150.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, December 27th. Finally, Benchmark increased their price objective on shares of Expedia Group from $160.00 to $180.00 and gave the stock a “buy” rating in a research note on Tuesday, February 6th. Thirteen investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $149.12.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $150.04, for a total transaction of $1,500,400.00. Following the transaction, the director now directly owns 216,521 shares of the company’s stock, valued at $32,486,810.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of the stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total transaction of $702,377.99. Following the transaction, the chief accounting officer now directly owns 10,880 shares of the company’s stock, valued at $1,492,844.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $150.04, for a total transaction of $1,500,400.00. Following the completion of the transaction, the director now directly owns 216,521 shares in the company, valued at $32,486,810.84. The disclosure for this sale can be found here. Insiders own 8.07% of the company’s stock.

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.