Expedia Group, Inc. (NASDAQ:EXPE) Receives $175.96 Consensus Target Price from Analysts

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have earned a consensus recommendation of “Hold” from the thirty-two analysts that are covering the stock, MarketBeat reports. Twenty research analysts have rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $177.75.

EXPE has been the topic of a number of recent research reports. Wedbush raised their price objective on shares of Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. JPMorgan Chase & Co. increased their price objective on Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Oppenheimer lifted their target price on Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Finally, Barclays increased their price target on Expedia Group from $153.00 to $166.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th.

Insider Buying and Selling at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the sale, the director now directly owns 188,505 shares in the company, valued at $29,570,779.35. This represents a 5.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction dated 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 in the company, valued at approximately $15,345,000. The trade was a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 28,951 shares of company stock valued at $5,045,310 in the last 90 days. 6.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EXPE. SRH Advisors LLC purchased a new position in Expedia Group during the fourth quarter worth about $28,000. Grove Bank & Trust grew its holdings in shares of Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after purchasing an additional 142 shares in the last quarter. Venturi Wealth Management LLC grew its holdings in shares of Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after purchasing an additional 291 shares in the last quarter. Brooklyn Investment Group bought a new position in shares of Expedia Group in the third quarter worth approximately $51,000. Finally, Golden State Wealth Management LLC purchased a new stake in Expedia Group in the fourth quarter valued at approximately $72,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $171.27 on Thursday. The business has a 50-day simple moving average of $183.93 and a 200 day simple moving average of $158.53. The firm has a market capitalization of $21.98 billion, a price-to-earnings ratio of 22.04, a PEG ratio of 0.78 and a beta of 1.83. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group has a one year low of $107.25 and a one year high of $192.34.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, November 7th. The online travel company reported $5.18 earnings per share for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. The firm had revenue of $4.06 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same period in the previous year, the company earned $4.85 earnings per share. On average, research analysts anticipate that Expedia Group will post 8.76 earnings per share for the current fiscal 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.