Expedia Group, Inc. (NASDAQ:EXPE) Given Average Recommendation of “Hold” by Analysts

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have earned a consensus rating of “Hold” from the twenty-five research firms that are currently covering the stock, MarketBeat Ratings reports. Thirteen research analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $149.12.

Several analysts have issued reports on the stock. StockNews.com upgraded shares of Expedia Group from a “hold” rating to a “buy” rating in a research note on Wednesday, February 14th. Oppenheimer reaffirmed an “outperform” rating and set a $175.00 target price on shares of Expedia Group in a report on Monday, February 5th. JPMorgan Chase & Co. raised their price target on shares of Expedia Group from $115.00 to $136.00 and gave the stock a “neutral” rating in a report on Friday, February 9th. Benchmark raised their target price on shares of Expedia Group from $160.00 to $180.00 and gave the stock a “buy” rating in a research report on Tuesday, February 6th. Finally, Wells Fargo & Company dropped their target price on shares of Expedia Group from $159.00 to $155.00 and set an “equal weight” rating for the company in a research report on Friday, February 9th.

Insiders Place Their Bets

In related news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $150.04, for a total transaction of $1,500,400.00. Following the sale, the director now directly owns 216,521 shares in the company, valued at $32,486,810.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CAO Lance A. Soliday sold 5,119 shares of the stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the sale, the chief accounting officer now directly owns 10,880 shares of the company’s stock, valued at $1,492,844.80. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $150.04, for a total value of $1,500,400.00. Following the completion of the transaction, the director now owns 216,521 shares of the company’s stock, valued at approximately $32,486,810.84. The disclosure for this sale can be found here. Insiders own 8.07% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. University of Texas Texas AM Investment Managment Co. acquired a new position in shares of Expedia Group in the 4th quarter valued at about $26,000. City State Bank increased its holdings in Expedia Group by 157.3% during the 4th quarter. City State Bank now owns 193 shares of the online travel company’s stock worth $29,000 after purchasing an additional 118 shares during the last quarter. CVA Family Office LLC purchased a new stake in Expedia Group during the 4th quarter worth approximately $32,000. MV Capital Management Inc. increased its holdings in Expedia Group by 335.6% during the 4th quarter. MV Capital Management Inc. now owns 318 shares of the online travel company’s stock worth $48,000 after purchasing an additional 245 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its holdings in Expedia Group by 173.0% during the 3rd quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock worth $35,000 after purchasing an additional 218 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $131.59 on Tuesday. The firm’s 50-day moving average price is $134.33 and its 200-day moving average price is $133.40. Expedia Group has a 1-year low of $87.94 and a 1-year high of $160.05. The firm has a market capitalization of $17.93 billion, a P/E ratio of 24.46, a P/E/G ratio of 0.39 and a beta of 1.86. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 2.24.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.10. The business had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.88 billion. Expedia Group had a net margin of 6.21% and a return on equity of 35.79%. Equities research analysts anticipate that Expedia Group will post 9.74 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.