Expedia Group (NASDAQ:EXPE) Stock Price Expected to Rise, Susquehanna Analyst Says

Expedia Group (NASDAQ:EXPE) had its price target upped by Susquehanna from $190.00 to $205.00 in a report released on Monday,Benzinga reports. They currently have a neutral rating on the online travel company’s stock.

A number of other equities analysts have also weighed in on the stock. BTIG Research boosted their price target on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Wells Fargo & Company boosted their target price on Expedia Group from $168.00 to $199.00 and gave the stock an “equal weight” rating in a report on Friday. Baird R W raised Expedia Group to a “strong-buy” rating in a report on Wednesday, November 27th. Barclays boosted their price objective on Expedia Group from $166.00 to $187.00 and gave the stock an “equal weight” rating in a research note on Friday. Finally, Jefferies Financial Group upped their target price on Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. Nineteen equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $190.07.

Expedia Group Stock Performance

NASDAQ EXPE opened at $203.00 on Monday. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The stock’s 50 day simple moving average is $182.42 and its 200-day simple moving average is $160.81. The company has a market cap of $26.06 billion, a PE ratio of 22.43, a price-to-earnings-growth ratio of 0.82 and a beta of 1.82. Expedia Group has a 1-year low of $107.25 and a 1-year high of $207.73.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 55.42%. As a group, equities research analysts anticipate that Expedia Group will post 10.75 EPS for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.40 dividend. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. This represents a $1.60 annualized dividend and a dividend yield of 0.79%.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the sale, the insider now directly owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total value of $1,697,900.00. Following the transaction, the director now owns 158,505 shares in the company, valued at $26,912,563.95. The trade was a 5.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 28,951 shares of company stock valued at $5,174,510 in the last quarter. Corporate insiders own 6.80% of the company’s stock.

Hedge Funds Weigh In On Expedia Group

Several institutional investors and hedge funds have recently modified their holdings of EXPE. SRH Advisors LLC acquired a new position in Expedia Group in the fourth quarter valued at $28,000. Grove Bank & Trust boosted its stake in Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after buying an additional 142 shares during the last quarter. Venturi Wealth Management LLC grew its holdings in Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after buying an additional 291 shares during the period. Brooklyn Investment Group acquired a new position in shares of Expedia Group during the 3rd quarter valued at about $51,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Expedia Group by 75.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock worth $51,000 after acquiring an additional 117 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

About Expedia Group

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.