Jefferies Stick to Their Hold Rating for Expedia
Investing.com | Aug 18, 2020 05:11AM ET
Jefferies (NYSE:) analyst Thill maintained a Hold rating on Expedia (NASDAQ:) on Friday, setting a price target of $85, which is approximately 3.08% below the present share price of $87.7.
Thill expects Expedia to post earnings per share (EPS) of -$5.34 for the third quarter of 2020.
The current consensus among 26 TipRanks analysts is for a Moderate Buy rating of shares in Expedia, with an average price target of $94.13.
The analysts price targets range from a high of $138 to a low of $65.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $566 million and a net profit of -$766 million. The company’s market cap is $12.39 billion.
According to TipRanks.com, Jefferies analyst Brent Thill is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 20.7% and a 74.70% success rate.
Expedia Group, Inc. is an online travel company, which engages in the provision of travel products and services to leisure and corporate travellers. It operates through the following business segments: Core Online Travel Agency(OTA), Trivago, Vrbo, and Egencia. The Core OTA segment offers full range of travel and advertising services to worldwide customers through a variety of brands including: Expedia.com and Hotels.com. The Trivago segment involves in sending referrals to online travel companies and travel service providers from its hotel metasearch websites. The Vrbo segment operates an online marketplace for the alternative accommodations industry. The Egencia segment manages travel services to corporate customers worldwide. The company was founded in 1994 and is headquartered in Seattle, WA.
Written By: Investing.com