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Expedia (EXPE) Stock Sinks As Market Gains: What You Should Know
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In the latest trading session, Expedia (EXPE - Free Report) closed at $108.49, marking a -1.19% move from the previous day. This move lagged the S&P 500's daily gain of 0.67%. Elsewhere, the Dow gained 0.25%, while the tech-heavy Nasdaq added 1.14%.
Prior to today's trading, shares of the online travel company had lost 1.56% over the past month. This has lagged the Retail-Wholesale sector's loss of 1.33% and the S&P 500's loss of 0.73% in that time.
Expedia will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $5.13, up 26.67% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $3.87 billion, up 6.93% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $9.52 per share and revenue of $12.82 billion, which would represent changes of +40.21% and +9.87%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Expedia. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.6% higher. Expedia is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Expedia's current valuation metrics, including its Forward P/E ratio of 11.53. For comparison, its industry has an average Forward P/E of 20, which means Expedia is trading at a discount to the group.
Meanwhile, EXPE's PEG ratio is currently 0.42. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Internet - Commerce stocks are, on average, holding a PEG ratio of 0.95 based on yesterday's closing prices.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 71, which puts it in the top 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Expedia (EXPE) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Expedia (EXPE - Free Report) closed at $108.49, marking a -1.19% move from the previous day. This move lagged the S&P 500's daily gain of 0.67%. Elsewhere, the Dow gained 0.25%, while the tech-heavy Nasdaq added 1.14%.
Prior to today's trading, shares of the online travel company had lost 1.56% over the past month. This has lagged the Retail-Wholesale sector's loss of 1.33% and the S&P 500's loss of 0.73% in that time.
Expedia will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $5.13, up 26.67% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $3.87 billion, up 6.93% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $9.52 per share and revenue of $12.82 billion, which would represent changes of +40.21% and +9.87%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Expedia. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.6% higher. Expedia is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Expedia's current valuation metrics, including its Forward P/E ratio of 11.53. For comparison, its industry has an average Forward P/E of 20, which means Expedia is trading at a discount to the group.
Meanwhile, EXPE's PEG ratio is currently 0.42. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Internet - Commerce stocks are, on average, holding a PEG ratio of 0.95 based on yesterday's closing prices.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 71, which puts it in the top 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.