EXPE - Expedia Group, Inc.
| Previous Close | 124.82 |
| Open | 125.17 |
| Bid | 123.50 x 800 |
| Ask | 124.59 x 900 |
| Day's Range | 123.68 - 125.17 |
| 52 Week Range | 105.87 - 139.77 |
| Volume | 1,154,739 |
| Avg. Volume | 1,548,333 |
| Market Cap | 18.327B |
| Beta (3Y Monthly) | 0.68 |
| PE Ratio (TTM) | 46.98 |
| EPS (TTM) | 2.65 |
| Earnings Date | May 2, 2019 |
| Forward Dividend & Yield | 1.28 (1.08%) |
| Ex-Dividend Date | 2019-03-06 |
| 1y Target Est | 152.79 |
- Barrons.com•yesterday
Barry Diller and John Malone Do a Deal to Simplify Expedia
The two media moguls arrange for Expedia to buy its controlling investor, Liberty Expedia in a bid to clean up a complicated ownership structure.
- PR Newswire•2 days ago
Expedia travelers reveal the top 10 sustainable places to stay around the world, ahead of Earth Day 2019
BELLEVUE, Wash. , April 18, 2019 /PRNewswire/ -- Travel is not just about seeing the wonders of the earth but understanding our impact upon it. With increasing frequency, people are looking to make the ...
- Skift•3 days ago
Jumia IPO Highlights Africa’s Shifting Online Travel Ecosystem
Jumia, an e-commerce superapp based in Nigeria, debuted last Friday on the public markets and raised $196 million. The company mainly helps 80,000 active merchants sell goods in 14 countries on the continent. Some investors called it an “Amazon for Africa.” Unlike Amazon, however, Jumia has made travel sales an essential part of its offering. […] The post Jumia IPO Highlights Africa’s Shifting Online Travel Ecosystem appeared first on Skift.
GuruFocus.com•3 days agoSteven Romick Discloses Univar Stake, Axes 3 Positions in 1st Quarter
FPA Crescent Fund manager releases portfolio
- Moody's•3 days ago
Expedia Group, Inc. -- Moody's places Expedia Group's Ba1 senior unsecured ratings under review for upgrade
Moody's Investors Service ("Moody's") placed the credit ratings of Expedia Group, Inc. ("Expedia Group") under review for upgrade, including the Ba1 senior unsecured ratings. This rating action follows Expedia's announcement that it plans to acquire Liberty Expedia Holdings, Inc. ("Liberty Expedia").
- Schaeffer's Investment Research•3 days ago
Expedia Puts Pop After United Pulls Fares
One trader seems to have executed a short put spread today
- Skift•3 days ago
United Airlines Plays Hardball With Expedia and JPMorgan Chase
United Airlines has had relationships with JPMorgan Chase and Expedia Group for years, but on Wednesday the airline’s executives suggested both companies may need to improve their offers to maintain the carrier’s business. Simply put, it’s not 2009 anymore. Then, with airlines facing higher fuel costs and a recession, they would take cash anywhere they […] The post United Airlines Plays Hardball With Expedia and JPMorgan Chase appeared first on Skift.
- PR Newswire•4 days ago
Barry Diller Enters into New Arrangements as part of Expedia Group, Liberty Expedia Holdings Merger
NEW YORK, April 16, 2019 /PRNewswire/ -- As previously disclosed, Expedia Group, Inc. (EXPE) and Liberty Expedia Holdings, Inc. ("Liberty Expedia") (NASDAQ: LEXEA, LEXEB) announced today that they have entered into a definitive agreement under which Expedia Group has agreed to acquire Liberty Expedia in an all-stock transaction. If the purchase/exchange right is exercised in full, Mr. Diller would have approximately 49% of the voting power of Expedia Group.
- Barrons.com•4 days ago
Expedia Stock Rallies as Media Moguls Barry Diller and John Malone Reach a Deal
The agreement will allow Expedia Group to simplify its corporate structure by acquiring Liberty Expedia Holdings.
- Bloomberg•4 days ago
Barry Diller's Expedia Group to Buy Liberty-Expedia in Stock Deal
Expedia’s super-voting stock structure has long been divided between two billionaire media moguls: John Malone and Barry Diller. Under terms of the deal announced Tuesday, each holder of Liberty Expedia shares will receive 0.36 of a share of Expedia Group common stock. Diller, Expedia chairman, is expected to wind up with about 29 percent of the voting power of the combined company.
Bloomberg•4 days agoExpedia’s Diller Helps John Malone Unwind Ticker Tape
Expedia, the online-travel company, said on Tuesday that it will buy out Malone’s Liberty Expedia (tickers LEXEA and LEXEB) in an all-stock transaction valued at $2.6 billion. Shares of Expedia rose 2 percent in early trading, its valuation already benefiting from the idea of having a less convoluted ownership. The move could even herald more deals like it from Malone, who turned 78 last month.
- Skift•5 days ago
Expedia Chairman Barry Diller Moves to Simplify Corporate Structure
Expedia Group said Tuesday it will buy out Liberty Expedia Holdings in an all-stock deal. Until now, Expedia has been controlled by the investment vehicle run by Expedia Chairman Barry Diller. After the deal, Diller will own approximately 29 percent of Expedia’s voting power. Within several months, Diller has an option to raise his voting […] The post Expedia Chairman Barry Diller Moves to Simplify Corporate Structure appeared first on Skift.
- MarketWatch•5 days ago
Expedia simplifies ownership structure with purchase of Liberty Expedia
Expedia Group Inc. announced on Tuesday that it has entered into an agreement to acquire the Liberty Expedia Holdings Inc. tracking stock in an all-stock deal. Through the arrangement, holders of Liberty Expedia's class A and class B shares will get 0.36 shares of Expedia's common stock for every Liberty Expedia share. Expedia will retire 3.1 million shares through the process. Expedia will stop being a controlled company after the deal is complete, and Chairman Barry Diller will own about 29% of the company's voting power. Expedia shares are inactive in premarket trading Tuesday. The stock has gained 8% over the past three months, as the S&P 500 has risen 11%.
- PR Newswire•5 days ago
Expedia Group to Acquire Liberty Expedia Holdings
BELLEVUE, Wash. and ENGLEWOOD, Colo., April 16, 2019 /PRNewswire/ -- Expedia Group, Inc. (EXPE) and Liberty Expedia Holdings, Inc. ("Liberty Expedia") (NASDAQ: LEXEA, LEXEB) announced today that they have entered into a definitive agreement under which Expedia Group has agreed to acquire Liberty Expedia in an all-stock transaction. Liberty Expedia's principal asset is approximately 23.9 million shares of Expedia Group (consisting of 11.1 million shares of Expedia Group common stock and 12.8 million shares of Expedia Group Class B common stock).
- Zacks•9 days ago
Marriott (MAR) & Expedia Sign New Multi-Year Agreement
Marriott (MAR) signs a new agreement with Expedia for the listing of its hotel chains on the latter's website.
- American City Business Journals•9 days ago
IPO filing reveals how Uber lured Dara Khosrowshahi away from Expedia
Khosrowshahi forfeited an estimated $160 million worth of Expedia shares to become Uber's CEO. Uber's recent IPO filing reveals how much the company compensated Khosrowshahi for that move.
- PR Newswire•9 days ago
Expedia Group to Webcast First Quarter 2019 Results on May 2, 2019
BELLEVUE, Wash. , April 11, 2019 /PRNewswire/ -- Expedia Group (NASDAQ: EXPE) will report its first quarter 2019 results for the period ended March 31, 2019 on Thursday, May 2, 2019 via an earnings release ...
- Skift•9 days ago
Marriott’s New Contract With Expedia Signals a Shift in the Direct Booking Wars
With Marriott International and Expedia Group finally completing their contract negotiations, the deal they’ve struck could have an impact on the relationship between hotels and online travel agencies more broadly going forward. The months-long contract negotiations, which began in November, have resulted in a new multi-year deal between the hotel and online travel agency behemoths […] The post Marriott’s New Contract With Expedia Signals a Shift in the Direct Booking Wars appeared first on Skift.
- TheStreet.com•10 days ago
Marriott and Expedia Ink New Multi-Year 'Distribution Relationship' Contract
signed a new multiyear contract for the hotel chain's listings to appear on Expedia's travel websites, the two companies confirmed Thursday. The deal marks their first agreement since Marriott bought Starwood for $13 billion in 2016. The existing Expedia-Marriott contract expired last November, but the two parties extended the arrangement during what was reported as tense negotiations.
- Benzinga•10 days ago
Analyst Breaks Down United's Contract Dispute With Expedia
Online travel agency Expedia Group Inc (NASDAQ: EXPE )'s distribution deal with United Continental Holdings Inc (NASDAQ: UAL ) will end at the end of September, but the financial impact to Expedia will ...
- InvestorPlace•11 days ago
3 Reasons Booking Holdings Stock Will Take Flight
Travel and reservation agency powerhouse, Booking Holdings (NYSE:BKNG), has been sputtering lately. During the past year, the shares have shedded more than 15% of their value. The problem? Well, Booking Holdings stock is suffering from a lack of meaningful growth on the top-line. As seen with the latest quarter, the company posted lackluster guidance.Source: Shutterstock Then again, the competitive environment is getting more intense, as Expedia Group (NASDAQ:EXPE) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) have ramped up their efforts. But Booking Holdings stock has also come under pressure from the effect of operators like Airbnb, which may go public this year. Oh, and companies like Hilton Hotels (NYSE:HLT) and Marriott International (NASDAQ:MAR) are trying to look for ways to cut out the middlemen.In the meantime, there is the slower growth in Europe and China, and it is far from clear when things will start to pick up again.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNo doubt, all these are quite worrisome. But I still think there is value with Booking Holdings stock as Wall Street appears to be overeating. * 8 Risky Stocks to Watch as Earnings Season Kicks Off So let's take a look at some of the bullish factors: Reason 1: Diverse Global PlatformThe roots of Booking Holdings go back to 1997, during the heyday of the dot-com boom. At the time, the company was focused on providing a "Name Your Price" model for purchasing airline tickets.Yet since then, BKNG has gone through a major transformation, mostly driven by aggressive M&A. Now the company has an extensive platform, which includes the following: * Priceline.com/Booking.com: These brands are for reservations for hotels, rentals, airline tickets and vacation packages. * KAYAK: This is a meta-search service that allows users to comparison shop for travel options. * Rentalcars.com: This is a top global rental car reservation service. * Agoda: This property provides accommodation reservations in Asia. * OpenTable: This service allows for booking restaurant reservations.In other words, BKNG is quite diverse. But there also are strong synergies across the properties. What's more, the wide platform has allowed the company to capitalize on emerging growth opportunities, such as alternative accommodations. The business posted revenues of $2.8 billion last year.Then there is the mobile side, which has been thriving. The company is a top 10 app in over 100 markets across the world. Reason 2: Expanding MarketIn a way, the competition is a good thing for BKNG. It's a clear indication that the market is enormous and growing. For example, according to Zion Market Research, the category is forecasted to hit $1.955 trillion by 2026. This would come to a compound annual growth rate of 12.1%.Some of the driving forces include: the ubiquity of smartphones, the availability of secure payment systems and rising income in emerging markets.So all in all, there are strong tailwinds that should help gin up growth for Booking Holdings stock, especially since it has a broad base of offerings that span key parts of the online travel space. Reason 3: ValuationFor the most part, it looks like much of the problems are baked into Booking Holdings stock. After all, the valuation is fairly low at current levels, with the forward price-to-earnings ratio at about 16X or so. This is reasonable in light of the company's strong positioning and brands in core markets. Such advantages are difficult for companies to replicate.Besides, the company continues to generate substantial cash flows, which allow for healthy buybacks and acquisitions. Last year the company reported EBITDA of $5.7 billion, up about 18% on a year-over-year basis.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Medical Marijuana Stocks to Cure Your Portfolio * 8 Best Stocks to Buy for an April Rally * Top 20 Stocks to Buy for 20-Somethings! Compare Brokers The post 3 Reasons Booking Holdings Stock Will Take Flight appeared first on InvestorPlace.
- Markit•11 days ago
See what the IHS Markit Score report has to say about Expedia Group Inc.
Expedia Group Inc NASDAQ/NGS:EXPEView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for EXPE with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on March 8. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding EXPE is favorable, with net inflows of $27.10 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. EXPE credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Skift•15 days ago
United Wins First Round in Expedia Dispute Over Fares
A federal judge took into account a nearly decade-old tiff between American Airlines and Expedia in siding with United Airlines in its current contract dispute with the online travel agency. Judge P. Kevin Castel of the Southern District of New York rejected an Expedia motion to grant a preliminary injunction against United, which sought to […] The post United Wins First Round in Expedia Dispute Over Fares appeared first on Skift.
Reuters•15 days agoU.S. judge rules against Expedia in United Airlines fare listings lawsuit
A federal judge in Manhattan on Friday rejected Expedia Inc's request for an injunction that would have required United Airlines to continue providing fare data for flights after Sept. 30, when the companies' contract ends. U.S. District Judge Kevin Castel said Expedia had shown a "likelihood of success" on the merits of its breach of contract claim, but did not show a preliminary injunction was needed to avoid irreparable harm or serve the public interest. An injunction would have required United, part of Chicago-based United Continental Holdings Inc, to provide Expedia with fare and schedule information for all its publicly available flights, including those after Sept. 30.
