Expedia Group, Inc. (NASDAQ:EXPE – Get Rating) has been assigned an average rating of “Hold” from the twenty-eight brokerages that are presently covering the company, Marketbeat.com reports. Twelve analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $200.38.
Several research firms have recently issued reports on EXPE. Argus decreased their price target on Expedia Group from $240.00 to $220.00 in a research note on Thursday, April 7th. Piper Sandler cut their price objective on Expedia Group from $231.00 to $225.00 in a report on Tuesday, May 3rd. The Goldman Sachs Group cut their price objective on Expedia Group from $206.00 to $173.00 and set a “buy” rating for the company in a report on Thursday, June 9th. Morgan Stanley upped their price objective on Expedia Group from $200.00 to $215.00 and gave the company an “equal weight” rating in a report on Thursday, February 24th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $205.00 price objective on shares of Expedia Group in a report on Tuesday, May 3rd.
NASDAQ:EXPE opened at $100.37 on Friday. Expedia Group has a 1 year low of $95.65 and a 1 year high of $217.72. The stock has a market cap of $15.77 billion, a price-to-earnings ratio of 86.53, a PEG ratio of 1.45 and a beta of 1.53. The business has a fifty day moving average of $143.79 and a 200-day moving average of $169.49. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.89 and a current ratio of 0.89.
Expedia Group (NASDAQ:EXPE – Get Rating) last released its quarterly earnings results on Monday, May 2nd. The online travel company reported ($0.93) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.69) by ($0.24). Expedia Group had a return on equity of 11.93% and a net margin of 4.87%. The business had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.27 billion. During the same period in the previous year, the company posted ($2.59) EPS. On average, equities research analysts predict that Expedia Group will post 4.8 EPS for the current year.
In other Expedia Group news, Director Dara Khosrowshahi sold 5,000 shares of the company’s stock in a transaction dated Tuesday, March 29th. The stock was sold at an average price of $200.00, for a total value of $1,000,000.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 376 shares of the company’s stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $124.12, for a total value of $46,669.12. Following the completion of the transaction, the chief accounting officer now directly owns 8,949 shares in the company, valued at $1,110,749.88. The disclosure for this sale can be found here. Over the last three months, insiders sold 35,376 shares of company stock valued at $6,741,869. Company insiders own 5.00% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of the company. KC Investment Advisors LLC increased its holdings in shares of Expedia Group by 1.8% during the 4th quarter. KC Investment Advisors LLC now owns 3,117 shares of the online travel company’s stock valued at $563,000 after acquiring an additional 55 shares during the last quarter. NEXT Financial Group Inc grew its holdings in Expedia Group by 5.1% in the 4th quarter. NEXT Financial Group Inc now owns 1,185 shares of the online travel company’s stock valued at $214,000 after buying an additional 57 shares during the last quarter. Parkside Financial Bank & Trust grew its holdings in Expedia Group by 41.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the online travel company’s stock valued at $36,000 after buying an additional 58 shares during the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co grew its holdings in Expedia Group by 4.1% in the 4th quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 1,520 shares of the online travel company’s stock valued at $275,000 after buying an additional 60 shares during the last quarter. Finally, Focused Wealth Management Inc grew its holdings in Expedia Group by 6.5% in the 4th quarter. Focused Wealth Management Inc now owns 985 shares of the online travel company’s stock valued at $178,000 after buying an additional 60 shares during the last quarter. 96.08% of the stock is currently owned by institutional investors and hedge funds.
About Expedia Group (Get Rating)
Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio include Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises.
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