Expedia Group (NASDAQ:EXPE) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Wednesday.

EXPE has been the topic of a number of other reports. Barclays reduced their price target on shares of Expedia Group from $165.00 to $160.00 and set an “overweight” rating on the stock in a research report on Friday, October 26th. Benchmark reissued a “hold” rating on shares of Expedia Group in a research report on Friday, July 27th. SunTrust Banks reissued a “buy” rating and set a $180.00 target price on shares of Expedia Group in a research report on Tuesday, October 16th. Wedbush boosted their target price on shares of Expedia Group from $117.00 to $133.00 and gave the stock a “hold” rating in a research report on Friday, July 27th. Finally, Cowen set a $155.00 target price on shares of Expedia Group and gave the stock a “buy” rating in a research report on Friday, July 27th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and nineteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $147.79.

Shares of EXPE stock opened at $111.62 on Wednesday. The company has a market cap of $17.45 billion, a price-to-earnings ratio of 30.01, a price-to-earnings-growth ratio of 1.58 and a beta of 1.21. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.70 and a current ratio of 0.70. Expedia Group has a fifty-two week low of $98.52 and a fifty-two week high of $139.77.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, October 25th. The online travel company reported $3.65 earnings per share for the quarter, beating analysts’ consensus estimates of $3.12 by $0.53. The firm had revenue of $3.28 billion for the quarter, compared to analysts’ expectations of $3.29 billion. Expedia Group had a net margin of 4.04% and a return on equity of 11.79%. During the same period in the previous year, the company posted $2.51 earnings per share. As a group, equities research analysts anticipate that Expedia Group will post 4.5 earnings per share for the current fiscal year.

In related news, insider Lance A. Soliday sold 3,281 shares of the company’s stock in a transaction dated Thursday, November 15th. The shares were sold at an average price of $119.28, for a total value of $391,357.68. Following the completion of the sale, the insider now owns 7,674 shares of the company’s stock, valued at $915,354.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 20.96% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of the stock. Marcus Capital LLC lifted its holdings in Expedia Group by 6.5% in the second quarter. Marcus Capital LLC now owns 6,150 shares of the online travel company’s stock worth $739,000 after purchasing an additional 375 shares during the period. Spinnaker Trust lifted its holdings in Expedia Group by 1.8% in the 2nd quarter. Spinnaker Trust now owns 21,060 shares of the online travel company’s stock valued at $2,530,000 after acquiring an additional 379 shares during the last quarter. Macquarie Group Ltd. lifted its holdings in Expedia Group by 18.2% in the 2nd quarter. Macquarie Group Ltd. now owns 2,600 shares of the online travel company’s stock valued at $312,000 after acquiring an additional 400 shares during the last quarter. Crossmark Global Holdings Inc. lifted its holdings in Expedia Group by 3.6% in the 2nd quarter. Crossmark Global Holdings Inc. now owns 11,771 shares of the online travel company’s stock valued at $1,415,000 after acquiring an additional 410 shares during the last quarter. Finally, Portland Hill Asset Management Ltd lifted its holdings in Expedia Group by 0.9% in the 2nd quarter. Portland Hill Asset Management Ltd now owns 50,046 shares of the online travel company’s stock valued at $6,031,000 after acquiring an additional 454 shares during the last quarter. 79.65% of the stock is owned by institutional investors and hedge funds.

About Expedia Group

Expedia Group, Inc, together with its subsidiaries, operates as an online travel company in the United States and internationally. It operates through Core OTA, Trivago, HomeAway, and Egencia segments. The company facilitates the booking of hotel rooms, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.

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Analyst Recommendations for Expedia Group (NASDAQ:EXPE)

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