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

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have been given an average recommendation of “Hold” by the twenty-seven analysts that are presently covering the firm, Marketbeat.com reports. Twenty equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $159.88.

EXPE has been the topic of several research reports. DA Davidson restated a “neutral” rating and set a $135.00 price target on shares of Expedia Group in a research report on Friday, August 9th. Jefferies Financial Group boosted their target price on shares of Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $140.00 target price on shares of Expedia Group in a research report on Friday, August 9th. JPMorgan Chase & Co. lifted their price target on shares of Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Susquehanna upped their price objective on shares of Expedia Group from $125.00 to $145.00 and gave the stock a “neutral” rating in a report on Monday, August 12th.

Insider Transactions at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $150.21, for a total value of $1,502,100.00. Following the sale, the director now owns 208,505 shares in the company, valued at approximately $31,319,536.05. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $150.21, for a total value of $1,502,100.00. Following the transaction, the director now owns 208,505 shares of the company’s stock, valued at approximately $31,319,536.05. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 5,417 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the sale, the insider now owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 48,019 shares of company stock worth $6,958,891 over the last three months. 6.80% of the stock is currently owned by company insiders.

Institutional Trading of Expedia Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EXPE. Innealta Capital LLC bought a new stake in shares of Expedia Group during the 2nd quarter valued at $27,000. Blue Trust Inc. lifted its position in 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 purchasing an additional 105 shares in the last quarter. Crewe Advisors LLC bought a new stake in Expedia Group during the first quarter valued at about $40,000. Venturi Wealth Management LLC increased its position in Expedia Group by 709.8% in the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after buying an additional 291 shares in the last quarter. Finally, LRI Investments LLC bought a new position in shares of Expedia Group in the first quarter worth about $48,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Trading Up 3.8 %

Shares of EXPE opened at $180.76 on Friday. Expedia Group has a 1-year low of $107.25 and a 1-year high of $190.40. The firm has a market capitalization of $23.53 billion, a price-to-earnings ratio of 23.26, a PEG ratio of 0.62 and a beta of 1.78. The firm’s 50-day moving average price is $149.81 and its 200-day moving average price is $133.47. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 2.45.

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