Expedia Group (EXPE) Set to Announce Quarterly Earnings on Thursday

Expedia Group (NASDAQ:EXPEGet Free Report) will be announcing its earnings results after the market closes on Thursday, February 8th. Analysts expect the company to announce earnings of $1.67 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Expedia Group (NASDAQ:EXPEGet Free Report) last issued its quarterly earnings results on Thursday, November 2nd. The online travel company reported $4.85 earnings per share for the quarter, beating analysts’ consensus estimates of $4.56 by $0.29. Expedia Group had a net margin of 6.70% and a return on equity of 31.95%. The company had revenue of $3.93 billion during the quarter, compared to the consensus estimate of $3.87 billion. On average, analysts expect Expedia Group to post $7 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $148.33 on Thursday. Expedia Group has a twelve month low of $87.94 and a twelve month high of $155.84. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.14. The company has a market capitalization of $20.60 billion, a price-to-earnings ratio of 26.63, a PEG ratio of 0.61 and a beta of 1.87. The firm has a 50-day moving average of $147.04 and a two-hundred day moving average of $122.19.

Expedia Group announced that its board has approved a share repurchase plan on Thursday, November 2nd that permits the company to buyback $5.00 billion in shares. This buyback authorization permits the online travel company to purchase up to 30.9% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

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 that occurred on Tuesday, January 2nd. The stock was sold at an average price of $150.88, for a total transaction of $1,508,800.00. Following the transaction, the director now owns 226,521 shares of the company’s stock, valued at approximately $34,177,488.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $150.88, for a total transaction of $1,508,800.00. Following the transaction, the director now directly owns 226,521 shares of the company’s stock, valued at approximately $34,177,488.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 70,000 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $134.50, for a total value of $9,415,000.00. Following the transaction, the insider now directly owns 72,266 shares in the company, valued at $9,719,777. The disclosure for this sale can be found here. In the last quarter, insiders have sold 90,477 shares of company stock worth $12,489,525. Corporate insiders own 8.07% of the company’s stock.

Institutional Trading of Expedia Group

A number of institutional investors have recently modified their holdings of EXPE. Capital Wealth Alliance LLC bought a new stake in shares of Expedia Group during the 2nd quarter worth $12,058,000. Norges Bank bought a new stake in shares of Expedia Group during the 4th quarter worth $118,582,000. Arrowstreet Capital Limited Partnership lifted its position in shares of Expedia Group by 187.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,921,028 shares of the online travel company’s stock worth $375,888,000 after buying an additional 1,251,933 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Expedia Group by 4.8% during the 1st quarter. Vanguard Group Inc. now owns 16,147,624 shares of the online travel company’s stock worth $3,159,605,000 after buying an additional 741,856 shares during the last quarter. Finally, Woodline Partners LP bought a new stake in shares of Expedia Group during the 2nd quarter worth $57,322,000. 91.15% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

EXPE has been the subject of a number of analyst reports. BTIG Research upped their price objective on shares of Expedia Group from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, December 27th. The Goldman Sachs Group upped their target price on Expedia Group from $155.00 to $190.00 and gave the company a “buy” rating in a report on Friday, January 19th. StockNews.com upgraded Expedia Group from a “hold” rating to a “buy” rating in a report on Thursday, December 28th. TheStreet upgraded Expedia Group from a “c+” rating to a “b-” rating in a report on Thursday, November 30th. Finally, Mizuho upped their target price on Expedia Group from $110.00 to $130.00 and gave the company a “neutral” rating in a report on Wednesday, January 17th. Eleven research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat, Expedia Group has a consensus rating of “Moderate Buy” and a consensus target price of $146.74.

View Our Latest Stock Report on Expedia Group

Expedia Group Company Profile

(Get Free Report)

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio includes Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz; Travelocity; Wotif Group; CheapTickets; ebookers; Expedia; Hotwire; CarRentals.com; Classic Vacations; and Expedia Cruise.

See Also

Earnings History for Expedia Group (NASDAQ:EXPE)

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