Expedia Group (EXPE) Projected to Post Earnings on Thursday

Expedia Group (NASDAQ:EXPE) is expected to issue its quarterly earnings data after the market closes on Thursday, February 6th. Analysts expect the company to announce earnings of $2.06 per share and revenue of $3.07 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, November 7th. The online travel company reported $5.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). The firm had revenue of $4.06 billion during the quarter, compared to analyst estimates of $4.11 billion. Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. During the same period in the previous year, the company earned $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 Performance

NASDAQ:EXPE opened at $171.27 on Thursday. The stock’s 50-day moving average is $183.93 and its 200-day moving average is $158.53. Expedia Group has a 1-year low of $107.25 and a 1-year high of $192.34. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The stock has a market cap of $21.98 billion, a P/E ratio of 22.04, a price-to-earnings-growth ratio of 0.78 and a beta of 1.83.

Insider Buying and Selling

In related news, CAO Lance A. Soliday sold 7,000 shares of the stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the completion of the sale, the chief accounting officer now owns 11,187 shares in the company, valued at approximately $2,035,922.13. This trade represents a 38.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $156.87, for a total value of $1,568,700.00. Following the completion of the sale, the director now directly owns 188,505 shares in the company, valued at $29,570,779.35. This trade represents a 5.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 28,951 shares of company stock worth $5,045,310 in the last three months. 6.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Benchmark lifted their price target on shares of Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. StockNews.com raised Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 14th. Oppenheimer lifted their price objective on shares of Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. JPMorgan Chase & Co. boosted their price target on shares of Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Finally, Bank of America upgraded shares of Expedia Group from a “neutral” rating to a “buy” rating and raised their price objective for the company from $187.00 to $221.00 in a research report on Wednesday, December 18th. Twenty investment analysts have rated the stock with a hold rating, ten have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $177.75.

About Expedia Group

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.