Barclays Lowers Expedia Group (NASDAQ:EXPE) Price Target to $138.00

Expedia Group (NASDAQ:EXPE) had its target price trimmed by Barclays from $158.00 to $138.00 in a research report sent to investors on Monday morning, Benzinga reports. The firm currently has an equal weight rating on the online travel company’s stock.

Several other research firms have also recently issued reports on EXPE. B. Riley lowered their price objective on Expedia Group from $200.00 to $190.00 and set a buy rating for the company in a research report on Friday, May 3rd. Oppenheimer reiterated an outperform rating and issued a $175.00 price target on shares of Expedia Group in a research note on Monday, April 29th. Susquehanna cut their price objective on shares of Expedia Group from $145.00 to $125.00 and set a neutral rating on the stock in a report on Monday. Mizuho lowered their target price on shares of Expedia Group from $140.00 to $135.00 and set a neutral rating for the company in a report on Friday, May 3rd. Finally, Royal Bank of Canada cut their price target on shares of Expedia Group from $155.00 to $140.00 and set a sector perform rating on the stock in a research note on Friday, May 3rd. Sixteen research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of Hold and an average target price of $149.12.

Expedia Group Trading Down 1.2 %

NASDAQ EXPE opened at $111.54 on Monday. Expedia Group has a 52 week low of $88.81 and a 52 week high of $160.05. The firm has a 50 day moving average of $132.97 and a two-hundred day moving average of $135.73. The company has a quick ratio of 0.78, a current ratio of 0.79 and a debt-to-equity ratio of 2.93. The stock has a market capitalization of $15.20 billion, a PE ratio of 20.89, a price-to-earnings-growth ratio of 0.35 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, February 8th. The online travel company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.10. Expedia Group had a net margin of 6.18% and a return on equity of 41.63%. The firm had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.88 billion. As a group, research analysts expect that Expedia Group will post 9.7 EPS for the current fiscal year.

Insider Activity at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the transaction, the chief accounting officer now owns 10,880 shares in the company, valued at approximately $1,492,844.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 8.07% of the stock is owned by insiders.

Institutional Investors Weigh In On Expedia Group

Institutional investors have recently made changes to their positions in the stock. ORG Partners LLC boosted its stake in shares of Expedia Group by 4,525.0% during the 1st quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock worth $25,000 after acquiring an additional 181 shares in the last quarter. University of Texas Texas AM Investment Managment Co. acquired a new stake in shares of Expedia Group in the fourth quarter valued at approximately $26,000. City State Bank increased its stake in shares of Expedia Group by 157.3% during the 4th quarter. City State Bank now owns 193 shares of the online travel company’s stock worth $29,000 after purchasing an additional 118 shares in the last quarter. CVA Family Office LLC acquired a new position in shares of Expedia Group during the 4th quarter worth approximately $32,000. Finally, Parkside Financial Bank & Trust raised its position in shares of Expedia Group by 173.0% during the 3rd quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock worth $35,000 after purchasing an additional 218 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

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.