Jefferies Financial Group Raises Expedia Group (NASDAQ:EXPE) Price Target to $160.00

Expedia Group (NASDAQ:EXPE) had its price target upped by Jefferies Financial Group from $145.00 to $160.00 in a research report report published on Tuesday morning, Benzinga reports. They currently have a hold rating on the online travel company’s stock.

EXPE has been the subject of several other research reports. Citigroup boosted their price target on Expedia Group from $140.00 to $145.00 and gave the company a “neutral” rating in a research note on Friday, August 9th. Wells Fargo & Company boosted their price target on Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. StockNews.com upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Wednesday, October 16th. TD Cowen lowered Expedia Group from a “buy” rating to a “hold” rating and boosted their target price for the stock from $130.00 to $150.00 in a report on Wednesday, September 25th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $140.00 target price on shares of Expedia Group in a report on Friday, August 9th. Nineteen research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $152.15.

Expedia Group Trading Up 1.3 %

NASDAQ:EXPE opened at $160.45 on Tuesday. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.76 and a quick ratio of 0.76. Expedia Group has a fifty-two week low of $92.48 and a fifty-two week high of $164.65. The stock’s 50-day moving average is $143.19 and its two-hundred day moving average is $130.70. The stock has a market cap of $21.87 billion, a PE ratio of 30.05, a price-to-earnings-growth ratio of 0.60 and a beta of 1.79.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, August 8th. The online travel company reported $3.51 EPS for the quarter, beating the consensus estimate of $3.17 by $0.34. The business had revenue of $3.56 billion during the quarter, compared to analysts’ expectations of $3.53 billion. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.34 EPS. As a group, equities research analysts forecast that Expedia Group will post 8.98 earnings per share for the current fiscal year.

Insider Activity

In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the company’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total value of $1,657,163.00. Following the sale, the insider now directly owns 89,960 shares in the company, valued at $11,829,740. This 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 hyperlink. In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the company’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total value of $1,657,163.00. Following the sale, the insider now directly owns 89,960 shares in the company, valued at $11,829,740. This 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 hyperlink. Also, insider Robert J. Dzielak sold 5,417 shares of the company’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the completion of the sale, the insider now owns 84,543 shares in the company, valued at $11,379,487.80. 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 ninety days, insiders have sold 38,019 shares of company stock worth $5,390,191. Company insiders own 8.07% of the company’s stock.

Institutional Trading of Expedia Group

Large investors have recently bought and sold shares of the stock. ORG Partners LLC grew its position in Expedia Group by 4,525.0% in the first quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock valued at $25,000 after acquiring an additional 181 shares during the period. Innealta Capital LLC bought a new stake in Expedia Group in the second quarter valued at $27,000. Blue Trust Inc. grew 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 worth $30,000 after purchasing an additional 105 shares during the last quarter. Crewe Advisors LLC bought a new stake in shares of Expedia Group during the first quarter worth $40,000. Finally, LRI Investments LLC bought a new stake in shares of Expedia Group during the first quarter worth $48,000. 90.76% of the stock is currently owned by 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.