Barclays Boosts Expedia Group (NASDAQ:EXPE) Price Target to $229.00

Expedia Group (NASDAQ:EXPEGet Rating) had its price objective upped by Barclays from $226.00 to $229.00 in a report released on Tuesday, The Fly reports. Barclays‘s price target would suggest a potential upside of 31.00% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. Morgan Stanley increased their target price on shares of Expedia Group from $200.00 to $215.00 and gave the stock an “equal weight” rating in a report on Thursday, February 24th. StockNews.com cut shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Wednesday, April 27th. BTIG Research increased their price target on shares of Expedia Group from $200.00 to $235.00 and gave the company a “buy” rating in a research note on Friday, February 11th. Jefferies Financial Group started coverage on shares of Expedia Group in a research note on Friday, January 7th. They issued a “hold” rating and a $200.00 price target for the company. Finally, Stifel Nicolaus increased their price target on shares of Expedia Group from $190.00 to $215.00 and gave the company a “hold” rating in a research note on Friday, February 11th. One analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, Expedia Group has a consensus rating of “Hold” and a consensus price target of $209.22.

Shares of EXPE opened at $174.81 on Tuesday. Expedia Group has a 12 month low of $136.77 and a 12 month high of $217.72. The firm has a fifty day simple moving average of $186.33 and a 200 day simple moving average of $180.39. The stock has a market capitalization of $27.23 billion, a price-to-earnings ratio of -78.39, a PEG ratio of 1.78 and a beta of 1.51. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 2.17.

Expedia Group (NASDAQ:EXPEGet Rating) last announced its earnings results on Monday, May 2nd. The online travel company reported ($0.47) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.60) by $0.13. Expedia Group had a net margin of 0.14% and a return on equity of 5.96%. During the same quarter in the previous year, the business earned ($2.59) earnings per share. As a group, research analysts predict that Expedia Group will post 6.24 earnings per share for the current fiscal year.

In other news, Director Susan C. Athey sold 200 shares of the firm’s stock in a transaction that occurred on Tuesday, February 15th. The shares were sold at an average price of $200.00, for a total value of $40,000.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 45,891 shares of the firm’s stock in a transaction that occurred on Tuesday, February 15th. The shares were sold at an average price of $209.85, for a total transaction of $9,630,226.35. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 113,175 shares of company stock worth $22,895,476. 5.00% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Selective Wealth Management Inc. acquired a new stake in shares of Expedia Group during the fourth quarter worth $27,000. Lindbrook Capital LLC boosted its position in Expedia Group by 116.7% during the fourth quarter. Lindbrook Capital LLC now owns 156 shares of the online travel company’s stock valued at $28,000 after acquiring an additional 84 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in Expedia Group during the first quarter valued at $29,000. Ancora Advisors LLC grew its holdings in Expedia Group by 49.7% during the 3rd quarter. Ancora Advisors LLC now owns 214 shares of the online travel company’s stock worth $35,000 after acquiring an additional 71 shares during the period. Finally, Parkside Financial Bank & Trust raised its position in shares of Expedia Group by 41.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the online travel company’s stock worth $36,000 after acquiring an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 96.08% of the company’s stock.

About Expedia Group (Get Rating)

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio include Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises.

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