Expedia Group (NASDAQ:EXPE) PT Raised to $161.00

Expedia Group (NASDAQ:EXPEGet Rating) had its target price raised by Barclays from $157.00 to $161.00 in a research report report published on Friday, The Fly reports. Barclays currently has an overweight rating on the online travel company’s stock.

Several other brokerages have also recently weighed in on EXPE. Redburn Partners raised shares of Expedia Group from a neutral rating to a buy rating in a report on Wednesday, May 18th. Royal Bank of Canada dropped their price target on shares of Expedia Group from $200.00 to $185.00 in a research note on Tuesday, May 3rd. StockNews.com upgraded shares of Expedia Group from a hold rating to a buy rating in a research note on Thursday, May 5th. BTIG Research dropped their price target on shares of Expedia Group from $235.00 to $150.00 and set a buy rating on the stock in a research note on Wednesday, June 15th. Finally, Ascendiant Capital Markets set a $202.00 price target on shares of Expedia Group in a research note on Monday, June 20th. Fifteen research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of Hold and an average target price of $180.63.

Expedia Group Stock Up 0.3 %

Shares of NASDAQ:EXPE opened at $102.52 on Friday. The firm’s 50 day moving average price is $104.78 and its 200 day moving average price is $151.16. The stock has a market cap of $16.11 billion, a price-to-earnings ratio of 51.00, a price-to-earnings-growth ratio of 1.65 and a beta of 1.60. Expedia Group has a fifty-two week low of $88.70 and a fifty-two week high of $217.72. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 2.16.

Expedia Group (NASDAQ:EXPEGet Rating) last issued its earnings results on Thursday, August 4th. The online travel company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.39. The firm had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Expedia Group had a net margin of 4.26% and a return on equity of 22.11%. The firm’s revenue was up 50.7% compared to the same quarter last year. During the same quarter last year, the company earned ($1.77) earnings per share. As a group, equities research analysts predict that Expedia Group will post 4.42 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Expedia Group news, CAO Lance A. Soliday sold 376 shares of the company’s stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $124.12, for a total transaction of $46,669.12. Following the transaction, the chief accounting officer now directly owns 8,949 shares in the company, valued at $1,110,749.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sierra Capital LLC grew its position in shares of Expedia Group by 817.2% in the second quarter. Sierra Capital LLC now owns 266 shares of the online travel company’s stock valued at $25,000 after purchasing an additional 237 shares during the last quarter. MCF Advisors LLC acquired a new stake in shares of Expedia Group in the first quarter valued at approximately $28,000. FNY Investment Advisers LLC acquired a new stake in shares of Expedia Group in the first quarter valued at approximately $29,000. Clear Street Markets LLC grew its position in shares of Expedia Group by 412.9% in the second quarter. Clear Street Markets LLC now owns 318 shares of the online travel company’s stock valued at $30,000 after purchasing an additional 256 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its position in shares of Expedia Group by 41.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 197 shares of the online travel company’s stock valued at $36,000 after purchasing an additional 58 shares during the last quarter. 96.08% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Company Profile

(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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