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The lackluster forecast caused Expedia stock price to slip after its earnings report May 2. Expedia was up about 27 percent from the prior year as of May 15. 2 travel ETFs to consider: JETS and PEJ.
We value Expedia's stock with a $30.60 Trefis price estimate, at roughly a 10% premium to its current market price. ... (over 91% of its stock value) and less than 2% from air ticket bookings. So ...
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The company was founded in 1997. It operates in more than 200 countries and territories around the world and has partnerships with over 400 airlines and 300,000 hotels. Users can search for travel deals and discounts on the website, and in the past also offered the "Name Your Own Price" feature to bid on hotel rooms and flights.
At the time of this writing Priceline trades at $1,280 per share, which makes it the highest-priced stock in S&P 500 history. On the other hand,
In September 2003, IAC/InterActiveCorp, which had acquired Expedia in 2001, announced its acquisition of Hotwire.com for $663 million. [7] In 2004, an internet research firm estimated that through cross-advertising between Hotwire and Expedia, IAC was able to reach a total of an additional 1.5 million unique visitors to both websites monthly. [8]
(Reuters) -Expedia shares tumbled as much as 13% to a near six-month low in early trading on Friday, after the online booking firm cut its annual forecast for revenue growth due to weakness at its ...
The consensus price target hints at a 27.1% upside potential for Expedia (EXPE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings ...
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