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

Shares of Expedia Group, Inc. (NASDAQ:EXPE – Get Rating) have earned an average rating of “Hold” from the twenty-nine analysts that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $209.40.

EXPE has been the topic of several analyst reports. Mizuho upped their target price on Expedia Group from $155.00 to $172.00 in a report on Tuesday, May 3rd. Argus cut their price target on Expedia Group from $240.00 to $220.00 in a report on Thursday, April 7th. BTIG Research increased their price target on Expedia Group from $200.00 to $235.00 and gave the stock a “buy” rating in a report on Friday, February 11th. Benchmark increased their price target on Expedia Group from $265.00 to $275.00 in a report on Tuesday, May 3rd. Finally, Piper Sandler cut their price target on Expedia Group from $231.00 to $225.00 in a report on Tuesday, May 3rd.

In other news, CAO Lance A. Soliday sold 376 shares of Expedia Group stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $124.12, for a total transaction of $46,669.12. Following the completion of the sale, the chief accounting officer now owns 8,949 shares in the company, valued at approximately $1,110,749.88. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Peter M. Kern purchased 6,000 shares of the company’s stock in a transaction dated Monday, March 7th. The shares were acquired at an average price of $167.79 per share, with a total value of $1,006,740.00. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 35,376 shares of company stock valued at $6,741,869. 5.00% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of 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 worth $3,159,605,000 after buying an additional 741,856 shares during the last quarter. D1 Capital Partners L.P. boosted its position in shares of Expedia Group by 10.5% during the fourth quarter. D1 Capital Partners L.P. now owns 12,683,542 shares of the online travel company’s stock valued at $2,292,170,000 after purchasing an additional 1,200,900 shares in the last quarter. BlackRock Inc. boosted its holdings in Expedia Group by 4.8% in the fourth quarter. BlackRock Inc. now owns 10,220,557 shares of the online travel company’s stock worth $1,847,057,000 after acquiring an additional 469,338 shares in the last quarter. State Street Corp boosted its holdings in Expedia Group by 4.7% in the fourth quarter. State Street Corp now owns 5,820,781 shares of the online travel company’s stock worth $1,051,932,000 after acquiring an additional 262,865 shares in the last quarter. Finally, Par Capital Management Inc. raised its stake in shares of Expedia Group by 5.6% in the third quarter. Par Capital Management Inc. now owns 4,056,066 shares of the online travel company’s stock worth $664,789,000 after purchasing an additional 214,952 shares during the last quarter. 96.08% of the stock is currently owned by institutional investors.

Expedia Group stock opened at $121.63 on Tuesday. The business has a 50 day moving average of $170.56 and a 200-day moving average of $176.83. Expedia Group has a 1 year low of $119.05 and a 1 year high of $217.72. The company has a debt-to-equity ratio of 2.16, a current ratio of 0.89 and a quick ratio of 0.89. The company has a market capitalization of $19.11 billion, a P/E ratio of 104.85, a P/E/G ratio of 1.68 and a beta of 1.51.

Expedia Group (NASDAQ:EXPE – Get Rating) last released its quarterly earnings data on Monday, May 2nd. The online travel company reported ($0.93) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.69) by ($0.24). Expedia Group had a net margin of 4.87% and a return on equity of 11.93%. The firm had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same period in the prior year, the company earned ($2.59) EPS. Equities analysts anticipate that Expedia Group will post 4.81 EPS for the current year.

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.

Featured Stories