Expedia, Inc. (NASDAQ:EXPE) – Research analysts at SunTrust Banks issued their FY2022 earnings per share estimates for shares of Expedia in a note issued to investors on Friday. SunTrust Banks analyst N. Khan expects that the online travel company will earn $14.13 per share for the year. SunTrust Banks currently has a “Buy” rating and a $180.00 price objective on the stock.

A number of other brokerages also recently issued reports on EXPE. BidaskClub downgraded Expedia from a “sell” rating to a “strong sell” rating in a research report on Saturday, December 2nd. Argus downgraded Expedia from a “buy” rating to a “hold” rating and set a $178.00 price target on the stock. in a research report on Tuesday, December 5th. KeyCorp reiterated a “buy” rating and set a $178.00 price target on shares of Expedia in a research report on Tuesday, October 17th. UBS Group reiterated a “buy” rating and set a $154.00 price target (down previously from $170.00) on shares of Expedia in a research report on Friday, October 27th. Finally, Bank of America upgraded Expedia from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 3rd. Nine equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $159.18.

Shares of Expedia (EXPE) traded up $2.95 during mid-day trading on Monday, reaching $132.36. The company’s stock had a trading volume of 2,245,400 shares, compared to its average volume of 1,876,389. The stock has a market capitalization of $20,180.00, a P/E ratio of 52.32, a P/E/G ratio of 1.81 and a beta of 0.89. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.60. Expedia has a 52 week low of $115.55 and a 52 week high of $161.00.

Expedia (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, October 26th. The online travel company reported $2.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.10). The business had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.98 billion. Expedia had a return on equity of 10.71% and a net margin of 4.09%. The business’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.41 EPS.

In other Expedia news, Vice Chairman Victor Kaufman sold 119,575 shares of the firm’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $123.67, for a total transaction of $14,787,840.25. Following the completion of the sale, the insider now owns 169,575 shares of the company’s stock, valued at $20,971,340.25. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Lance A. Soliday sold 2,401 shares of the firm’s stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $120.37, for a total value of $289,008.37. Following the sale, the insider now directly owns 5,744 shares of the company’s stock, valued at approximately $691,405.28. The disclosure for this sale can be found here. In the last three months, insiders have sold 354,949 shares of company stock valued at $43,978,025. 20.88% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Allied Advisory Services Inc. boosted its position in shares of Expedia by 1.3% during the second quarter. First Allied Advisory Services Inc. now owns 2,763 shares of the online travel company’s stock worth $412,000 after buying an additional 35 shares during the period. Nordea Investment Management AB boosted its position in shares of Expedia by 0.8% during the second quarter. Nordea Investment Management AB now owns 4,996 shares of the online travel company’s stock worth $744,000 after buying an additional 38 shares during the period. Veritable L.P. boosted its position in shares of Expedia by 1.5% during the second quarter. Veritable L.P. now owns 4,497 shares of the online travel company’s stock worth $670,000 after buying an additional 66 shares during the period. Sentry Investment Management LLC boosted its position in shares of Expedia by 1.1% during the second quarter. Sentry Investment Management LLC now owns 7,502 shares of the online travel company’s stock worth $1,117,000 after buying an additional 82 shares during the period. Finally, Linscomb & Williams Inc. boosted its position in shares of Expedia by 9.1% during the second quarter. Linscomb & Williams Inc. now owns 1,893 shares of the online travel company’s stock worth $282,000 after buying an additional 158 shares during the period. Institutional investors and hedge funds own 84.12% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This story was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this story on another domain, it was stolen and republished in violation of US and international trademark and copyright law. The original version of this story can be accessed at https://www.americanbankingnews.com/2018/01/15/expedia-inc-expe-expected-to-earn-fy2022-earnings-of-14-13-per-share.html.

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.

Receive News & Ratings for Expedia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia and related companies with MarketBeat.com's FREE daily email newsletter.