Expedia Group, Inc. (NASDAQ:EXPE) Receives $175.96 Consensus Target Price from Analysts

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have received an average recommendation of “Hold” from the thirty-two analysts that are presently covering the firm, Marketbeat reports. Twenty research analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $177.75.

Several research firms recently commented on EXPE. Wedbush increased their target price on shares of Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Baird R W upgraded Expedia Group to a “strong-buy” rating in a report on Wednesday, November 27th. StockNews.com raised Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 14th. JPMorgan Chase & Co. raised their price target on Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Finally, Argus boosted their price objective on Expedia Group from $210.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, January 10th.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at approximately $2,035,922.13. The trade was a 38.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the sale, the director now owns 168,505 shares in the company, valued at approximately $31,198,700.75. The trade was a 5.60 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 28,951 shares of company stock worth $5,045,310. 6.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Expedia Group

Institutional investors have recently modified their holdings of the business. Greenleaf Trust raised its position in Expedia Group by 2.5% in the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock worth $470,000 after buying an additional 61 shares during the last quarter. Hantz Financial Services Inc. grew its stake in shares of Expedia Group by 2.1% in the third quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock worth $441,000 after acquiring an additional 62 shares during the period. Empirical Finance LLC raised its holdings in shares of Expedia Group by 1.3% during the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock valued at $704,000 after purchasing an additional 63 shares during the last quarter. UMB Bank n.a. lifted its position in Expedia Group by 14.8% during the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock valued at $91,000 after purchasing an additional 63 shares during the period. Finally, Venture Visionary Partners LLC boosted its holdings in Expedia Group by 0.6% in the third quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock worth $1,683,000 after purchasing an additional 64 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Price Performance

EXPE opened at $171.27 on Thursday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The stock has a market capitalization of $21.98 billion, a P/E ratio of 22.04, a PEG ratio of 0.78 and a beta of 1.83. The stock has a 50-day moving average price of $183.93 and a 200-day moving average price of $158.53. Expedia Group has a 12-month low of $107.25 and a 12-month high of $192.34.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, November 7th. The online travel company reported $5.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.42 by ($0.24). The firm had revenue of $4.06 billion during the quarter, compared to analysts’ expectations of $4.11 billion. Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. During the same period in the prior year, the company earned $4.85 EPS. Equities analysts predict that Expedia Group will post 8.76 earnings per share 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.