Expedia Group, Inc. (NASDAQ:EXPE) Receives Consensus Rating of “Hold” from Brokerages

Expedia Group, Inc. (NASDAQ:EXPE) has been given a consensus recommendation of “Hold” by the twenty-seven analysts that are covering the firm, MarketBeat Ratings reports. Twenty investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $159.88.

A number of brokerages have commented on EXPE. Cantor Fitzgerald restated a “neutral” rating and set a $130.00 price target on shares of Expedia Group in a report on Monday, October 7th. Oppenheimer boosted their target price on Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a research note on Friday. TD Cowen downgraded Expedia Group from a “buy” rating to a “hold” rating and increased their price target for the company from $130.00 to $150.00 in a research report on Wednesday, September 25th. Jefferies Financial Group boosted their price objective on Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a research report on Tuesday, October 22nd. Finally, BTIG Research upped their price objective on Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Friday.

Insider Buying and Selling

In related news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the completion of the transaction, the director now directly owns 188,505 shares in the company, valued at approximately $29,570,779.35. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $156.87, for a total value of $1,568,700.00. Following the completion of the sale, the director now owns 188,505 shares in the company, valued at $29,570,779.35. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the transaction, the insider now owns 89,960 shares in the company, valued at $11,829,740. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 48,019 shares of company stock worth $6,958,891 over the last ninety days. 6.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Expedia Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Innealta Capital LLC bought a new stake in Expedia Group during the 2nd quarter valued at $27,000. Blue Trust Inc. raised its stake in shares of Expedia Group by 93.8% during the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after acquiring an additional 105 shares during the last quarter. Crewe Advisors LLC purchased a new stake in shares of Expedia Group during the first quarter worth about $40,000. LRI Investments LLC bought a new stake in shares of Expedia Group in the first quarter worth about $48,000. Finally, Cedar Wealth Management LLC bought a new stake in shares of Expedia Group in the first quarter worth about $49,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Up 3.8 %

NASDAQ:EXPE opened at $180.76 on Friday. Expedia Group has a 52 week low of $107.25 and a 52 week high of $190.40. The firm’s fifty day moving average is $149.81 and its 200-day moving average is $133.47. The firm has a market cap of $23.53 billion, a P/E ratio of 23.26, a P/E/G ratio of 0.62 and a beta of 1.78. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, August 8th. The online travel company reported $3.51 EPS for the quarter, topping analysts’ consensus estimates of $3.17 by $0.34. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The business had revenue of $3.56 billion during the quarter, compared to analysts’ expectations of $3.53 billion. The business’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the company posted $2.34 earnings per share. Equities analysts expect that Expedia Group will post 8.99 earnings per share for the current year.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.