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

Expedia Group (NASDAQ:EXPE) had its price target upped by investment analysts at Susquehanna from $145.00 to $190.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has a “neutral” rating on the online travel company’s stock. Susquehanna’s price target suggests a potential upside of 4.40% from the stock’s current price.

EXPE has been the topic of a number of other reports. Benchmark lifted their price target on shares of Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, November 8th. JPMorgan Chase & Co. upped their price target on shares of Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. TD Cowen lowered Expedia Group from a “buy” rating to a “hold” rating and raised their price objective for the company from $130.00 to $150.00 in a research report on Wednesday, September 25th. Piper Sandler reaffirmed a “neutral” rating and issued a $140.00 target price (down previously from $145.00) on shares of Expedia Group in a research report on Friday, August 9th. Finally, Wells Fargo & Company raised their target price on Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Twenty investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Expedia Group currently has a consensus rating of “Hold” and an average target price of $161.62.

Expedia Group Stock Performance

Expedia Group stock opened at $182.00 on Monday. The company has a market cap of $23.69 billion, a price-to-earnings ratio of 23.42, a price-to-earnings-growth ratio of 0.70 and a beta of 1.78. Expedia Group has a 12 month low of $107.25 and a 12 month high of $190.40. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.76 and a quick ratio of 0.76. The stock’s 50-day moving average is $150.71 and its 200-day moving average is $133.78.

Insiders Place Their Bets

In other news, insider Robert J. Dzielak sold 12,602 shares of Expedia Group stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $131.50, for a total value of $1,657,163.00. Following the completion of the transaction, the insider now directly owns 89,960 shares of the company’s stock, valued at approximately $11,829,740. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $131.50, for a total value of $1,657,163.00. Following the transaction, the insider now owns 89,960 shares of the company’s stock, valued at $11,829,740. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $150.21, for a total value of $1,502,100.00. Following the transaction, the director now directly owns 208,505 shares of the company’s stock, valued at $31,319,536.05. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 48,019 shares of company stock valued at $6,958,891. Company insiders own 6.80% of the company’s stock.

Institutional Investors Weigh In On Expedia Group

A number of hedge funds have recently added to or reduced their stakes in the stock. Innealta Capital LLC acquired a new stake in shares of Expedia Group in the 2nd quarter worth about $27,000. Blue Trust Inc. raised its holdings in shares of Expedia Group by 93.8% during the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after buying an additional 105 shares during the last quarter. Crewe Advisors LLC bought a new stake in shares of Expedia Group during the first quarter valued at approximately $40,000. LRI Investments LLC acquired a new position in shares of Expedia Group during the first quarter worth approximately $48,000. Finally, Cedar Wealth Management LLC acquired a new stake in Expedia Group in the 1st quarter valued at approximately $49,000. 90.76% of the stock is currently owned by institutional investors.

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.