Expedia Group (EXPE) Set to Announce Earnings on Thursday

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

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.10. The company had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.88 billion. Expedia Group had a net margin of 6.21% and a return on equity of 35.79%. 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 Stock Performance

Shares of EXPE opened at $135.80 on Thursday. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a market capitalization of $18.51 billion, a P/E ratio of 25.24, a P/E/G ratio of 0.40 and a beta of 1.86. The company’s fifty day moving average is $134.36 and its two-hundred day moving average is $133.66. Expedia Group has a 1 year low of $87.94 and a 1 year high of $160.05.

Insiders Place Their Bets

In related news, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total value of $702,377.99. Following the sale, 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $150.04, for a total value of $1,500,400.00. Following the sale, 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the sale, the chief accounting officer now directly owns 10,880 shares in the company, valued at $1,492,844.80. The disclosure for this sale can be found here. 8.07% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on EXPE shares. Jefferies Financial Group dropped 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. JPMorgan Chase & Co. raised their target price on shares of Expedia Group from $115.00 to $136.00 and gave the company a “neutral” rating in a report on Friday, February 9th. BMO Capital Markets initiated coverage on shares of Expedia Group in a report on Tuesday, January 9th. They set an “outperform” rating and a $181.00 target price for the company. BTIG Research raised their target price on shares of Expedia Group from $150.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, December 27th. Finally, Wells Fargo & Company dropped their target price on shares of Expedia Group from $159.00 to $155.00 and set an “equal weight” rating for the company in a report on Friday, February 9th. Thirteen analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $149.12.

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.