Expedia Group (NASDAQ:EXPE) Stock Rating Lowered by StockNews.com

Expedia Group (NASDAQ:EXPE) was downgraded by equities researchers at StockNews.com from a “strong-buy” rating to a “buy” rating in a report released on Friday.

Several other analysts have also commented on EXPE. Wells Fargo & Company increased their price objective on Expedia Group from $168.00 to $199.00 and gave the company an “equal weight” rating in a report on Friday. Oppenheimer increased their price objective on Expedia Group from $210.00 to $235.00 and gave the company an “outperform” rating in a report on Friday. Barclays upped their target price on Expedia Group from $166.00 to $187.00 and gave the company an “equal weight” rating in a research report on Friday. JMP Securities reissued a “market perform” rating on shares of Expedia Group in a research report on Friday. Finally, Argus upped their target price on Expedia Group from $210.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Nineteen investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Expedia Group currently has an average rating of “Hold” and an average price target of $187.93.

Expedia Group Stock Up 17.3 %

Expedia Group stock traded up $29.80 during mid-day trading on Friday, reaching $202.37. 9,377,415 shares of the company were exchanged, compared to its average volume of 2,024,498. The business has a fifty day moving average of $182.07 and a 200 day moving average of $159.92. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The firm has a market cap of $25.97 billion, a P/E ratio of 26.05, a PEG ratio of 0.77 and a beta of 1.82. Expedia Group has a 12-month low of $107.25 and a 12-month high of $205.12.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. Research analysts anticipate that Expedia Group will post 8.76 earnings per share for the current fiscal year.

Insider Transactions at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total value of $1,851,500.00. Following the completion of the sale, the director now owns 168,505 shares in the company, valued at approximately $31,198,700.75. This trade represents a 5.60 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the sale, the insider now owns 85,250 shares of the company’s stock, valued at $15,345,000. This trade represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 28,951 shares of company stock worth $5,174,510 in the last 90 days. Insiders own 6.80% of the company’s stock.

Institutional Trading of Expedia Group

Several institutional investors have recently added to or reduced their stakes in the stock. SRH Advisors LLC acquired a new position in shares of Expedia Group in the fourth quarter worth $28,000. Grove Bank & Trust grew its stake in shares of Expedia Group by 676.2% in the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after acquiring an additional 142 shares in the last quarter. Venturi Wealth Management LLC grew its stake in shares of Expedia Group by 709.8% in the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after acquiring an additional 291 shares in the last quarter. Brooklyn Investment Group acquired a new position in shares of Expedia Group in the third quarter worth $51,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of Expedia Group in the fourth quarter worth $72,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

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.