Expedia Group (NASDAQ:EXPE) Earns Hold Rating from Stifel Nicolaus

Expedia Group (NASDAQ:EXPEGet Rating)‘s stock had its “hold” rating reaffirmed by analysts at Stifel Nicolaus in a report released on Tuesday, TipRanks reports. They currently have a $205.00 price target on the online travel company’s stock. Stifel Nicolaus’ price objective indicates a potential upside of 35.63% from the company’s current price.

A number of other analysts have also weighed in on EXPE. Argus reduced their target price on Expedia Group from $240.00 to $220.00 in a research note on Thursday, April 7th. StockNews.com lowered shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Wednesday, April 27th. Barclays upped their target price on shares of Expedia Group from $226.00 to $229.00 in a research note on Tuesday. Truist Financial lifted their price target on shares of Expedia Group from $240.00 to $260.00 and gave the company a “buy” rating in a research note on Friday, February 11th. Finally, Redburn Partners downgraded Expedia Group from a “buy” rating to a “neutral” rating in a research report on Friday, April 8th. One equities research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Expedia Group currently has an average rating of “Hold” and a consensus target price of $208.71.

EXPE stock traded down $23.66 during mid-day trading on Tuesday, reaching $151.15. 393,000 shares of the stock traded hands, compared to its average volume of 2,150,958. The business has a 50-day moving average price of $186.33 and a two-hundred day moving average price of $180.39. The stock has a market capitalization of $23.54 billion, a PE ratio of -67.49, a PEG ratio of 1.78 and a beta of 1.51. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.87 and a current ratio of 0.87. Expedia Group has a one year low of $136.77 and a one year high of $217.72.

Expedia Group (NASDAQ:EXPEGet Rating) last posted its quarterly earnings data on Monday, May 2nd. The online travel company reported ($0.47) earnings per share for the quarter, topping the Zacks’ 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 period last year, the company posted ($2.59) EPS. On average, equities analysts expect that Expedia Group will post 6.24 earnings per share for the current fiscal year.

In related news, CEO Peter M. Kern purchased 6,000 shares of Expedia Group stock in a transaction that occurred on Monday, March 7th. The stock was bought at an average cost of $167.79 per share, for a total transaction of $1,006,740.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Dara Khosrowshahi sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, April 1st. The stock was sold at an average price of $198.29, for a total value of $3,965,800.00. Following the completion of the sale, the director now owns 262,112 shares in the company, valued at approximately $51,974,188.48. The disclosure for this sale can be found here. Insiders have sold 113,175 shares of company stock valued at $22,895,476 in the last ninety days. Corporate insiders own 5.00% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the stock. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Expedia Group during the first quarter worth approximately $32,141,000. National Asset Management Inc. lifted its position in shares of Expedia Group by 6.3% during the 1st quarter. National Asset Management Inc. now owns 1,810 shares of the online travel company’s stock valued at $355,000 after buying an additional 108 shares in the last quarter. Gilbert & Cook Inc. grew its stake in Expedia Group by 11.0% in the 1st quarter. Gilbert & Cook Inc. now owns 2,654 shares of the online travel company’s stock valued at $519,000 after acquiring an additional 262 shares during the period. Montag A & Associates Inc. purchased a new stake in Expedia Group in the 1st quarter worth $1,345,000. Finally, DAVENPORT & Co LLC purchased a new position in Expedia Group during the first quarter valued at $258,000. 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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Analyst Recommendations for Expedia Group (NASDAQ:EXPE)

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