Expedia Group (NASDAQ:EXPE) posted its quarterly earnings results on Thursday. The online travel company reported $1.24 EPS for the quarter, beating the Thomson Reuters’ 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 business had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.76 billion.
Shares of NASDAQ EXPE traded up $12.21 during midday trading on Friday, reaching $122.80. The company’s stock had a trading volume of 10,380,251 shares, compared to its average volume of 2,363,065. 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 company has a 50 day moving average price of $109.99 and a 200 day moving average price of $120.07. Expedia Group has a one year low of $93.53 and a one year high of $144.00. The company has a market cap of $15.75 billion, a price-to-earnings ratio of 36.77, a price-to-earnings-growth ratio of 1.65 and a beta of 1.01.
Several research firms have recently commented on EXPE. BidaskClub lowered shares of Expedia Group from a “hold” rating to a “sell” rating in a report on Wednesday, January 29th. Benchmark raised shares of Expedia Group from a “hold” rating to a “buy” rating and set a $155.00 price target for the company in a report on Friday. Bank of America lowered shares of Expedia Group from a “buy” rating to a “neutral” rating in a report on Thursday, November 7th. DA Davidson lowered shares of Expedia Group from a “buy” rating to a “neutral” rating and decreased their price target for the company from $162.00 to $130.00 in a report on Thursday, November 7th. Finally, Consumer Edge began coverage on shares of Expedia Group in a report on Monday, November 18th. They issued an “equal weight” rating and a $100.00 price target for the company. One analyst has rated the stock with a sell rating, twenty have given a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average 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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