Media coverage about Expedia (NASDAQ:EXPE) has been trending somewhat positive this week, according to Alpha One Sentiment. Alpha One, a unit of Accern, rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Expedia earned a news sentiment score of 0.16 on Alpha One’s scale. Alpha One also gave news headlines about the online travel company an impact score of 69 out of 100, indicating that recent press coverage is likely to have an impact on the company’s share price in the next few days.
Here are some of the news headlines that may have effected AlphaOne’s rankings:
- 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)
- Hyatt may nix partnership with Expedia over fees (finance.yahoo.com)
- Hyatt Threatens to Leave Expedia This Summer (finance.yahoo.com)
- Cowen and Company Reaffirms “Outperform” Rating for Expedia, Inc. (EXPE) (americanbankingnews.com)
A number of equities analysts recently issued reports on EXPE shares. Vetr lowered shares of Expedia from a “strong-buy” rating to a “buy” rating and set a $140.35 target price on the stock. in a research report on Monday, March 13th. Stifel Nicolaus reaffirmed a “buy” rating and set a $133.00 target price (up previously from $130.00) on shares of Expedia in a research report on Thursday, February 16th. Needham & Company LLC reaffirmed a “buy” rating and set a $140.00 target price on shares of Expedia in a research report on Thursday, February 16th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $144.00 target price on shares of Expedia in a research report on Wednesday, March 29th. Finally, Credit Suisse Group reaffirmed a “buy” rating and set a $147.00 target price on shares of Expedia in a research report on Wednesday, April 5th. Eight investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $147.25.
Shares of Expedia (EXPE) traded up 0.36% during mid-day trading on Friday, hitting $146.21. The stock had a trading volume of 1,734,305 shares. Expedia has a 1-year low of $96.58 and a 1-year high of $150.62. The firm has a market capitalization of $22.07 billion, a PE ratio of 74.22 and a beta of 0.93. The stock’s 50-day moving average is $142.95 and its 200-day moving average is $127.86.
Expedia (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, April 27th. The online travel company reported ($0.15) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.30) by $0.15. The company had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.14 billion. Expedia had a return on equity of 11.01% and a net margin of 3.36%. The firm’s quarterly revenue was up 15.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.09 earnings per share. Equities analysts expect that Expedia will post $5.29 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 15th. Investors of record on Thursday, May 25th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date of this dividend was Tuesday, May 23rd. Expedia’s dividend payout ratio is currently 57.14%.
In related news, Director Craig A. Jacobson sold 3,000 shares of Expedia 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 transaction, the director now directly owns 30,496 shares of the company’s stock, valued at $4,267,915.20. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Lance A. Soliday sold 2,544 shares of Expedia stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $142.30, for a total value of $362,011.20. Following the completion of the transaction, the insider now directly owns 4,815 shares in the company, valued at $685,174.50. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 38,043 shares of company stock worth $5,330,777. 20.95% of the stock is owned by insiders.
COPYRIGHT VIOLATION WARNING: “Expedia (EXPE) Receives Daily Media Sentiment Rating of 0.16” was reported by sleekmoney and is the property of of sleekmoney. If you are accessing this article on another publication, it was copied illegally and republished in violation of US and international copyright and trademark legislation. The legal version of this article can be viewed at https://sleekmoney.com/expedia-expe-receives-daily-media-sentiment-rating-of-0-16/1916805.html.
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.
This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/expedia-expe-receives-daily-media-sentiment-rating-of-0-16/1916805.html
Receive News & Ratings for Expedia Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Inc. and related companies with MarketBeat.com's FREE daily email newsletter.