Expedia Group, Inc. (NASDAQ:EXPE) Receives Consensus Recommendation of “Hold” from Analysts

Expedia Group, Inc. (NASDAQ:EXPE) has earned a consensus rating of “Hold” from the twenty-five analysts that are covering the firm, MarketBeat Ratings reports. Thirteen research analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $149.12.

Several research analysts have recently commented on EXPE shares. BMO Capital Markets started coverage on shares of Expedia Group in a research note on Tuesday, January 9th. They set an “outperform” rating and a $181.00 price target on the stock. The Goldman Sachs Group increased their price target on shares of Expedia Group from $155.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, January 19th. Oppenheimer restated an “outperform” rating and set a $175.00 price target on shares of Expedia Group in a research note on Monday, February 5th. Wells Fargo & Company dropped their price target on shares of Expedia Group from $159.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Friday, February 9th. Finally, Mizuho increased their price target on shares of Expedia Group from $130.00 to $140.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 6th.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total value of $702,377.99. Following the sale, the chief accounting officer now directly owns 10,880 shares in the company, valued at approximately $1,492,844.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the transaction, the chief accounting officer now directly owns 10,880 shares of the company’s stock, valued at $1,492,844.80. The disclosure for this sale can be found here. Company insiders own 8.07% of the company’s stock.

Hedge Funds Weigh In On Expedia Group

A number of hedge funds and other institutional investors have recently made changes to their positions in EXPE. University of Texas Texas AM Investment Managment Co. bought a new position in shares of Expedia Group during the 4th quarter worth about $26,000. City State Bank lifted 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 valued at $29,000 after purchasing an additional 118 shares during the last quarter. CVA Family Office LLC bought a new position in Expedia Group during the 4th quarter valued at about $32,000. Parkside Financial Bank & Trust lifted 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 valued at $35,000 after purchasing an additional 218 shares during the last quarter. Finally, UMB Bank n.a. lifted its holdings in Expedia Group by 79.7% during the 3rd quarter. UMB Bank n.a. now owns 354 shares of the online travel company’s stock valued at $36,000 after purchasing an additional 157 shares during the last quarter. 90.76% of the stock is owned by institutional investors.

Expedia Group Stock Down 0.4 %

EXPE stock opened at $135.70 on Tuesday. Expedia Group has a 12-month low of $87.94 and a 12-month high of $160.05. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 2.24. The company has a market cap of $18.49 billion, a price-to-earnings ratio of 25.22, a PEG ratio of 0.42 and a beta of 1.86. The company has a 50 day moving average of $134.32 and a two-hundred day moving average of $134.15.

Expedia Group (NASDAQ:EXPE) last released its earnings results 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. Expedia Group had a net margin of 6.21% and a return on equity of 35.79%. The company had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.88 billion. On average, equities analysts anticipate that Expedia Group will post 9.71 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.