Expedia Group (EXPE) Set to Announce Earnings on Thursday

Expedia Group (NASDAQ:EXPE) will be issuing its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $5.42 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.17 by $0.34. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. The company had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.53 billion. During the same quarter last year, the company earned $2.34 EPS. Expedia Group’s revenue for the quarter was up 6.0% compared to the same quarter last year. 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

Shares of Expedia Group stock opened at $161.11 on Tuesday. The business has a 50-day simple moving average of $147.19 and a 200-day simple moving average of $132.31. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76. Expedia Group has a one year low of $107.25 and a one year high of $164.65. The company has a market cap of $20.97 billion, a PE ratio of 28.77, a P/E/G ratio of 0.61 and a beta of 1.78.

Insider Buying and Selling at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Friday, September 27th. The shares were sold at an average price of $150.21, for a total value of $1,502,100.00. Following the completion of the sale, the director now owns 208,505 shares in the company, valued at approximately $31,319,536.05. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Robert J. Dzielak sold 12,602 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the sale, the insider now owns 89,960 shares of the company’s stock, valued at $11,829,740. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Friday, September 27th. The stock was sold at an average price of $150.21, for a total value of $1,502,100.00. Following the transaction, the director now directly owns 208,505 shares of the company’s stock, valued at $31,319,536.05. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 48,019 shares of company stock valued at $6,958,891. 6.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. UBS Group increased their price objective on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Jefferies Financial Group raised their target price on Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a research report on Tuesday, October 22nd. Barclays dropped their price target on shares of Expedia Group from $138.00 to $134.00 and set an “equal weight” rating on the stock in a research note on Friday, August 9th. Piper Sandler restated a “neutral” rating and set a $140.00 price objective (down previously from $145.00) on shares of Expedia Group in a research report on Friday, August 9th. Finally, Truist Financial assumed coverage on shares of Expedia Group in a research report on Friday, September 6th. They issued a “hold” rating and a $148.00 target price on the stock. Nineteen equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $152.54.

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.