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EXPEDIA GROUP, INC.

(EXPE)
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Expedia Receives Binding Offer for Corporate Travel Arm From American Express Global Business Travel

05/04/2021 | 08:50am EDT

By Dave Sebastian

Expedia Group Inc. said Tuesday it received a binding offer from American Express Global Business Travel for Egencia, Expedia's corporate travel arm, the companies said.

Under the proposed deal, terms of which the companies didn't disclose, Expedia would become a shareholder in and enter a long-term commercial agreement with American Express Global Business Travel, the companies said Tuesday.

Expedia will report first-quarter results after market close Thursday.

Write to Dave Sebastian at dave.sebastian@wsj.com

(END) Dow Jones Newswires

05-04-21 0849ET

Stocks mentioned in the article
ChangeLast1st jan.
AMERICAN EXPRESS COMPANY 1.34% 158.98 Delayed Quote.31.49%
EXPEDIA GROUP, INC. 5.24% 173.46 Delayed Quote.31.01%
All news about EXPEDIA GROUP, INC.
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05/07EXPEDIA  : BTIG Adjusts Expedia's Price Target to $210 from $180, Keeps Buy Rati..
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05/07Wall Street Rises Midday, Treasuries Edge Up After Slower Job Growth Data
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05/07MIDDAY REPORT : Wall Street Rises Midday, Treasuries Edge Up After Slower Job Gr..
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05/07EXPEDIA  : UBS Adjusts Expedia's Price Target to $165 From $150, Maintains Neutr..
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More news
Financials (USD)
Sales 2021 8 096 M - -
Net income 2021 -493 M - -
Net Debt 2021 4 629 M - -
P/E ratio 2021 -58,3x
Yield 2021 -
Capitalization 25 494 M 25 494 M -
EV / Sales 2021 3,72x
EV / Sales 2022 2,54x
Nbr of Employees 19 100
Free-Float 43,5%
Chart EXPEDIA GROUP, INC.
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Expedia Group, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends EXPEDIA GROUP, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 33
Average target price 184,61 $
Last Close Price 173,46 $
Spread / Highest target 38,4%
Spread / Average Target 6,43%
Spread / Lowest Target -19,3%
EPS Revisions
Managers and Directors
NameTitle
Peter M. Kern Vice Chairman & Chief Executive Officer
Eric M. Hart Chief Financial & Strategy Officer
Barry Charles Diller Chairman
Tucker Moodey President-Retail Product & Technology
Craig A. Jacobson Independent Director
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