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

Expedia Group, Inc. (NASDAQ:EXPE) has been assigned a consensus rating of “Hold” from the thirty-two ratings firms that are covering the company, Marketbeat reports. Twenty analysts have rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $175.96.

Several equities analysts recently commented on EXPE shares. Argus upped their price objective on Expedia Group from $210.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, January 10th. JMP Securities reiterated a “market perform” rating on shares of Expedia Group in a research note on Monday, December 16th. BTIG Research upped their price objective on Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Morgan Stanley upped their price objective on Expedia Group from $180.00 to $185.00 and gave the company an “equal weight” rating in a research note on Monday, January 13th. Finally, Wedbush upped their price objective on Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research note on Friday, November 8th.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $169.11 on Thursday. Expedia Group has a twelve month low of $107.25 and a twelve month high of $192.34. The stock’s 50 day moving average price is $184.26 and its 200-day moving average price is $157.96. The company has a market capitalization of $21.70 billion, a PE ratio of 21.76, a PEG ratio of 0.78 and a beta of 1.83. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, November 7th. The online travel company reported $5.18 earnings per share for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. The business had revenue of $4.06 billion during the quarter, compared to analysts’ expectations of $4.11 billion. During the same quarter in the previous year, the firm earned $4.85 EPS. On average, equities analysts anticipate that Expedia Group will post 8.76 EPS for the current year.

Insider Buying and Selling

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the completion of the sale, the director now directly owns 188,505 shares in the company, valued at $29,570,779.35. This represents a 5.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Lance A. Soliday sold 7,000 shares of the company’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the sale, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at approximately $2,035,922.13. The trade was a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 28,951 shares of company stock worth $5,045,310. Corporate insiders own 6.80% of the company’s stock.

Institutional Trading of Expedia Group

A number of institutional investors have recently modified their holdings of EXPE. Grove Bank & Trust boosted its holdings in shares of Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after purchasing an additional 142 shares during the period. Venturi Wealth Management LLC boosted its holdings in shares of Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after purchasing an additional 291 shares during the period. Brooklyn Investment Group purchased a new stake in shares of Expedia Group during the third quarter worth about $51,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Expedia Group during the third quarter worth about $74,000. Finally, UMB Bank n.a. boosted its holdings in shares of Expedia Group by 14.8% during the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock worth $91,000 after purchasing an additional 63 shares during the period. 90.76% of the stock is currently 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.