Analysts’ Recommendations for Expedia
According to Bloomberg, out of the 31 analysts tracking Expedia, 22.6% rate it as a “strong buy,” 58.1% rate it as a “buy,” and 19.4% rate it as a “hold.”
Currently, Expedia (EXPE) trades at a forward PE multiple of 29.3x—significantly higher than its average valuation multiple of 15.4x since November 2008.
In 1Q17, Expedia announced an increase in the dividend paid to shareholders. The dividend increased to $0.28—compared to $0.26 paid in 4Q16.
Analysts expect Expedia’s (EXPE) revenue to rise 16.8% YoY to $3.0 billion in 3Q17. For 4Q17, the revenue is expected to rise 15.6% YoY to $2.4 billion.
On the day that Dara Khosrowshahi’s departure was announced, Expedia (EXPE) stock fell as much as 4.5%. Investors weren’t certain about Expedia’s future.
When former CEO Dara Khosrowshahi left Expedia to join Uber, Mark Okerstrom seemed like the obvious choice for the vacant CEO position.
After a 12-year stint at Expedia (EXPE), Dara Khosrowshahi resigned as the CEO to join Uber. Uber’s search for a new CEO started in June 2017.
Of the 24 analysts rating TripAdvisor (TRIP) stock after 2Q17, 8.3% (two analysts) have issued a “buy” rating, and 70.8% (17 analysts) have issued a “hold.”
For 3Q17, TRIP’s EBITDA is expected to fall 14.0% YoY to $98.0 million. For 4Q17, EBITDA is expected to fall 1.9% YoY to $56.9 million.
TripAdvisor’s (TRIP) 2Q17 adjusted EBITDA rose from $73.0 million in 2Q16 to $101.0 million in 2Q17, a 6.0% rise YoY.
For the second quarter of 2017, TripAdvisor’s (TRIP) revenue rose 8.4% YoY (year-over-year) to $424.0 million.
Currently, TripAdvisor’s (TRIP) forward PE ratio is 34.5x, which is mid-level to its all-time high of 50.69x in July 2014 and its all-time low of 17.4 in October 2012.
Total debt on TripAdvisor’s (TRIP) balance sheet decreased from $201.0 million at the end of 2015 to $90.0 million at the end of 2016.
TripAdvisor’s (TRIP) average monthly unique visitors in 2Q17 rose 18.0% YoY (year-over-year) to 414.0 million users compared to 2Q16.
TripAdvisor (TRIP) reported its 2Q17 results on August 8, 2017, after market hours. The company’s results beat analysts’ estimates for both revenue and earnings.
According to a Reuters consensus, of the 31 analysts tracking Priceline Group (PCLN), 23.3%, or seven analysts, have a “strong buy” rating for the stock.
Currently, Priceline (PCLN) trades at a forward PE (price-to-earnings) multiple of 27.3x. That’s higher than its average valuation of 22.0x since November 2008.
For 2Q17, analysts are estimating Priceline’s (PCLN) EBITDA to rise 6.7% YoY (year-over-year) to $925.4 million.
For the first quarter of 2017, Priceline’s (PCLN) gross bookings have risen 24.2% YoY (year-over-year) to $20.7 billion.
For 2Q17, analysts are estimating that Priceline’s (PCLN) revenue will rise 16.7% YoY to $3.0 billion, which is higher than 12.6% in 1Q17.