Expedia Group (NASDAQ:EXPE) Price Target Cut to $125.00 by Analysts at Susquehanna

Expedia Group (NASDAQ:EXPE) had its target price reduced by investment analysts at Susquehanna from $145.00 to $125.00 in a research report issued on Monday, Benzinga reports. The firm currently has a “neutral” rating on the online travel company’s stock. Susquehanna’s target price points to a potential upside of 8.38% from the stock’s previous close.

Other equities analysts have also issued research reports about the company. Bank of America lowered Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 price target on the stock. in a research note on Friday, February 9th. Mizuho lowered their price objective on shares of Expedia Group from $140.00 to $135.00 and set a “neutral” rating for the company in a research report on Friday. BMO Capital Markets downgraded shares of Expedia Group from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $165.00 to $145.00 in a research report on Friday. Wedbush decreased their target price on shares of Expedia Group from $130.00 to $125.00 and set a “neutral” rating for the company in a research report on Friday. Finally, TD Cowen decreased their target price on shares of Expedia Group from $165.00 to $130.00 and set a “buy” rating for the company in a research report on Friday. Sixteen research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, Expedia Group currently has an average rating of “Hold” and an average price target of $148.88.

Expedia Group Trading Down 15.3 %

Expedia Group stock opened at $115.33 on Monday. The business has a 50 day moving average price of $133.81 and a two-hundred day moving average price of $135.45. The company has a quick ratio of 0.78, a current ratio of 0.79 and a debt-to-equity ratio of 2.93. The stock has a market cap of $15.72 billion, a price-to-earnings ratio of 21.60, a price-to-earnings-growth ratio of 0.35 and a beta of 1.83. Expedia Group has a 12 month low of $87.94 and a 12 month high of $160.05.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.10. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.88 billion. Expedia Group had a return on equity of 41.63% and a net margin of 6.18%. As a group, equities analysts forecast that Expedia Group will post 9.7 EPS for the current year.

Insider Transactions at Expedia Group

In related news, CAO Lance A. Soliday sold 5,119 shares of Expedia Group stock in a transaction that occurred 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 transaction, the chief accounting officer now directly owns 10,880 shares of the company’s stock, valued at $1,492,844.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 8.07% of the stock is currently owned by insiders.

Institutional Trading of Expedia Group

Institutional investors have recently modified their holdings of the business. University of Texas Texas AM Investment Managment Co. acquired a new position in Expedia Group in the fourth quarter valued at $26,000. City State Bank lifted its holdings in Expedia Group by 157.3% in the fourth quarter. City State Bank now owns 193 shares of the online travel company’s stock valued at $29,000 after buying an additional 118 shares during the period. CVA Family Office LLC acquired a new position in Expedia Group in the fourth quarter valued at $32,000. Parkside Financial Bank & Trust lifted its holdings in Expedia Group by 173.0% in the third quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock valued at $35,000 after buying an additional 218 shares during the period. Finally, MV Capital Management Inc. lifted its holdings in Expedia Group by 335.6% in the fourth quarter. MV Capital Management Inc. now owns 318 shares of the online travel company’s stock valued at $48,000 after buying an additional 245 shares during the period. Institutional investors own 90.76% of the company’s stock.

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.