Brokerages Set Expedia Group, Inc. (NASDAQ:EXPE) Price Target at $194.73

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have been given a consensus recommendation of “Hold” by the thirty-one brokerages that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, seventeen have given a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $189.04.

Several equities research analysts recently weighed in on the company. StockNews.com cut Expedia Group from a “strong-buy” rating to a “buy” rating in a report on Monday, May 5th. Cantor Fitzgerald restated a “neutral” rating and issued a $210.00 target price (up previously from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Oppenheimer decreased their target price on shares of Expedia Group from $230.00 to $210.00 and set an “outperform” rating on the stock in a research note on Friday. Barclays increased their price target on shares of Expedia Group from $187.00 to $190.00 and gave the company an “equal weight” rating in a research report on Friday. Finally, Truist Financial boosted their price objective on shares of Expedia Group from $163.00 to $175.00 and gave the company a “hold” rating in a research report on Wednesday, March 12th.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the transaction, the insider now owns 74,502 shares of the company’s stock, valued at $15,325,061.40. The trade was a 6.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 6.80% of the stock is owned by company insiders.

Institutional Trading of Expedia Group

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Greenleaf Trust grew its holdings in Expedia Group by 2.5% during the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock valued at $470,000 after buying an additional 61 shares in the last quarter. UMB Bank n.a. boosted its position in shares of Expedia Group by 14.8% during the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock valued at $91,000 after acquiring an additional 63 shares during the last quarter. Altman Advisors Inc. grew its holdings in shares of Expedia Group by 0.5% in the first quarter. Altman Advisors Inc. now owns 13,338 shares of the online travel company’s stock valued at $2,093,000 after purchasing an additional 65 shares in the last quarter. Signet Financial Management LLC increased its position in Expedia Group by 0.3% in the fourth quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company’s stock worth $4,751,000 after purchasing an additional 74 shares during the last quarter. Finally, Metis Global Partners LLC raised its stake in Expedia Group by 1.8% during the fourth quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company’s stock valued at $773,000 after purchasing an additional 74 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Stock Down 7.4 %

Shares of NASDAQ EXPE opened at $156.55 on Friday. The stock has a market capitalization of $20.17 billion, a P/E ratio of 17.30, a PEG ratio of 0.92 and a beta of 1.62. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. Expedia Group has a one year low of $107.25 and a one year high of $207.73. The firm’s 50 day simple moving average is $161.69 and its two-hundred day simple moving average is $175.63.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.02). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. The business had revenue of $2.99 billion during the quarter, compared to analysts’ expectations of $3.02 billion. During the same quarter in the previous year, the business earned $0.21 EPS. Expedia Group’s revenue for the quarter was up 3.4% compared to the same quarter last year. As a group, analysts expect that Expedia Group will post 12.28 EPS 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.