Expedia Group, Inc. (NASDAQ:EXPE) Receives $149.12 Average PT from Brokerages

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have earned an average rating of “Hold” from the twenty-five ratings firms that are covering the company, Marketbeat.com reports. Thirteen investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $149.12.

EXPE has been the topic of several research analyst reports. Jefferies Financial Group dropped their price objective on Expedia Group from $150.00 to $145.00 and set a “hold” rating on the stock in a report on Tuesday, March 19th. Mizuho lifted their target price on Expedia Group from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Tuesday, February 6th. Oppenheimer restated an “outperform” rating and issued a $175.00 target price on shares of Expedia Group in a research report on Monday, February 5th. BMO Capital Markets started coverage on Expedia Group in a research report on Tuesday, January 9th. They issued an “outperform” rating and a $181.00 target price on the stock. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $155.00 price objective on shares of Expedia Group in a report on Friday, February 9th.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $137.75 on Friday. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.78 and a current ratio of 0.78. The company has a market cap of $18.77 billion, a PE ratio of 25.60, a P/E/G ratio of 0.42 and a beta of 1.86. The business has a 50-day simple moving average of $140.21 and a two-hundred day simple moving average of $130.03. Expedia Group has a fifty-two week low of $87.94 and a fifty-two week high of $160.05.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.10. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. The firm had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.88 billion. As a group, equities analysts expect that Expedia Group will post 9.74 EPS for the current fiscal year.

Insider Transactions at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $150.04, for a total transaction of $1,500,400.00. Following the completion of the sale, the director now directly owns 216,521 shares of the company’s stock, valued at approximately $32,486,810.84. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, CAO Lance A. Soliday sold 5,119 shares of the stock in a transaction that occurred 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 transaction, the chief accounting officer now directly owns 10,880 shares of the company’s stock, valued at approximately $1,492,844.80. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred 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 transaction, the director now directly owns 216,521 shares of the company’s stock, valued at $32,486,810.84. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,119 shares of company stock valued at $3,711,578. 8.07% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Expedia Group

Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Expedia Group by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 16,147,624 shares of the online travel company’s stock valued at $3,159,605,000 after purchasing an additional 741,856 shares in the last quarter. ValueAct Holdings L.P. purchased a new position in Expedia Group in the 4th quarter valued at approximately $645,346,000. Boston Partners grew its holdings in Expedia Group by 1.3% during the 3rd quarter. Boston Partners now owns 2,567,830 shares of the online travel company’s stock valued at $264,627,000 after buying an additional 32,191 shares during the last quarter. Norges Bank acquired a new stake in Expedia Group during the 4th quarter valued at $334,632,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Expedia Group by 187.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,921,028 shares of the online travel company’s stock valued at $375,888,000 after buying an additional 1,251,933 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other 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.