Expedia Group (NASDAQ:EXPE) Issues Quarterly Earnings Results

Expedia Group (NASDAQ:EXPE) issued its earnings results on Thursday. The online travel company reported $1.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.37, Fidelity Earnings reports. Expedia Group had a net margin of 4.26% and a return on equity of 13.45%. The company had revenue of $2.75 billion for the quarter, compared to analysts’ expectations of $2.76 billion.

EXPE traded up $12.28 during trading hours on Friday, hitting $122.87. The company’s stock had a trading volume of 1,155,391 shares, compared to its average volume of 2,094,243. The company has a 50-day simple moving average of $109.99 and a 200 day simple moving average of $120.07. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $15.75 billion, a PE ratio of 36.77, a PEG ratio of 1.65 and a beta of 1.01. Expedia Group has a fifty-two week low of $93.53 and a fifty-two week high of $144.00.

In related news, Director Samuel H. Altman bought 20,000 shares of the stock in a transaction on Monday, November 25th. The shares were purchased at an average price of $98.83 per share, with a total value of $1,976,600.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jon T. Gieselman bought 2,393 shares of the stock in a transaction on Thursday, December 5th. The shares were bought at an average cost of $105.68 per share, for a total transaction of $252,892.24. Insiders have acquired a total of 45,463 shares of company stock worth $4,739,508 in the last ninety days. 2.10% of the stock is owned by company insiders.

Several research analysts have recently commented on the stock. Wells Fargo & Co lowered shares of Expedia Group from an “outperform” rating to a “market perform” rating in a report on Thursday, November 7th. JMP Securities lowered shares of Expedia Group from an “outperform” rating to a “market perform” rating in a research note on Friday, November 8th. Consumer Edge assumed coverage on shares of Expedia Group in a report on Monday, November 18th. They issued an “equal weight” rating and a $100.00 target price on the stock. TheStreet downgraded Expedia Group from a “b” rating to a “c+” rating in a research note on Monday, November 18th. Finally, Oppenheimer lowered Expedia Group from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $160.00 to $110.00 in a report on Monday, November 11th. One research analyst has rated the stock with a sell rating, twenty have given a hold rating and ten have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $138.60.

About Expedia Group

Expedia Group, Inc, together with its subsidiaries, operates as an online travel company in the United States and internationally. It operates through Core OTA, Trivago, HomeAway, and Egencia segments. The company facilitates the booking of hotel rooms, alternative accommodations, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.

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Earnings History for Expedia Group (NASDAQ:EXPE)

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