Expedia (EXPE) Given Media Impact Score of 0.34
Media headlines about Expedia (NASDAQ:EXPE) have trended positive this week, according to AlphaOne. The research firm, a subsidiary of Accern, identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Expedia earned a daily sentiment score of 0.34 on AlphaOne’s scale. AlphaOne also assigned media headlines about the online travel company an impact score of 85 out of 100, indicating that recent media coverage is very likely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted AlphaOne Sentiment’s scoring:
- Hyatt may nix partnership with Expedia over fees – Chicago … – Chicago Business Journal (bizjournals.com)
- Expedia, Inc. (NASDAQ:EXPE) Trading Down – Short interest grew by 6.19% – Highlight Press (highlightpress.com)
- EXPEDIA, INC. : Submission of Matters to a Vote of Security Holders (form 8-K) (4-traders.com)
- Expedia : State lawmakers visited Barnstable Town Hall on Monday to hear public testimony on a proposed bill that would tax and (4-traders.com)
A number of equities research analysts recently weighed in on the company. Cowen and Company restated an “outperform” rating and issued a $160.00 price target on shares of Expedia in a research note on Friday. Credit Suisse Group set a $151.00 price target on Expedia and gave the company a “buy” rating in a research note on Sunday, April 30th. Citigroup Inc. upgraded Expedia from a “sell” rating to a “neutral” rating and set a $130.00 price objective on the stock in a research report on Friday, March 3rd. Jefferies Group LLC reiterated a “hold” rating and set a $135.00 price objective on shares of Expedia in a research report on Wednesday, March 29th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $175.00 price objective on shares of Expedia in a research report on Friday, March 3rd. Eight equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $147.25.
Shares of Expedia (NASDAQ:EXPE) traded up 0.36% during midday trading on Friday, reaching $146.21. The company’s stock had a trading volume of 1,734,305 shares. The company has a market capitalization of $22.07 billion, a P/E ratio of 74.22 and a beta of 0.93. Expedia has a 12-month low of $96.58 and a 12-month high of $150.62. The company’s 50-day moving average price is $142.95 and its 200 day moving average price is $127.86.
Expedia (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, April 27th. The online travel company reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.15. Expedia had a return on equity of 11.01% and a net margin of 3.36%. The business had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.14 billion. During the same quarter last year, the business posted $0.09 EPS. The business’s revenue was up 15.0% on a year-over-year basis. On average, equities research analysts forecast that Expedia will post $5.29 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 15th. Shareholders of record on Thursday, May 25th were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 0.77%. The ex-dividend date was Tuesday, May 23rd. Expedia’s dividend payout ratio (DPR) is currently 57.14%.
In other news, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $139.95, for a total value of $419,850.00. Following the completion of the transaction, the director now owns 30,496 shares of the company’s stock, valued at approximately $4,267,915.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Robert J. Dzielak sold 31,829 shares of the stock in a transaction that occurred on Thursday, May 4th. The stock was sold at an average price of $140.00, for a total value of $4,456,060.00. Following the completion of the transaction, the executive vice president now directly owns 33,606 shares of the company’s stock, valued at approximately $4,704,840. The disclosure for this sale can be found here. In the last quarter, insiders sold 38,043 shares of company stock valued at $5,330,777. Company insiders own 20.95% of the company’s stock.
Expedia Company Profile
Expedia, Inc is an online travel company. The Company operates through four segments: Core Online Travel Agencies (Core OTA), trivago, Egencia and HomeAway. The Company’s Core OTA segment provides a range of travel and advertising services to its customers across the world, through a range of brands, including Expedia.com and Hotels.com in the United States, and localized Expedia and Hotels.com Websites throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Wotif Group, CarRentals.com and Classic Vacations.
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