Mizuho Trims Expedia Group (NASDAQ:EXPE) Target Price to $135.00

Expedia Group (NASDAQ:EXPE) had its target price decreased by Mizuho from $140.00 to $135.00 in a research note issued to investors on Friday morning, Benzinga reports. Mizuho currently has a neutral rating on the online travel company’s stock.

Several other research analysts also recently commented on the company. Bank of America downgraded Expedia Group from a buy rating to a neutral rating and set a $156.00 price objective on the stock. in a report on Friday, February 9th. Royal Bank of Canada restated a sector perform rating and issued a $155.00 price objective on shares of Expedia Group in a report on Friday, February 9th. Wedbush reiterated a neutral rating and set a $130.00 target price on shares of Expedia Group in a report on Thursday, April 18th. BMO Capital Markets lowered shares of Expedia Group from an outperform rating to a market perform rating and reduced their price target for the company from $165.00 to $145.00 in a report on Friday. Finally, Benchmark increased their price objective on shares of Expedia Group from $160.00 to $180.00 and gave the company a buy rating in a research note on Tuesday, February 6th. Sixteen research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, Expedia Group has a consensus rating of Hold and an average target price of $148.40.

Expedia Group Stock Performance

Expedia Group stock opened at $116.02 on Friday. The company has a debt-to-equity ratio of 2.93, a current ratio of 0.79 and a quick ratio of 0.78. The firm has a market capitalization of $15.81 billion, a P/E ratio of 21.73, a price-to-earnings-growth ratio of 0.35 and a beta of 1.83. Expedia Group has a 1-year low of $88.81 and a 1-year high of $160.05. The company’s 50-day moving average is $133.43 and its 200 day moving average is $135.60.

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

Insider Activity

In related news, CAO Lance A. Soliday sold 5,119 shares of the business’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 completion of the transaction, 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 SEC, which is accessible through the SEC website. Insiders own 8.07% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. University of Texas Texas AM Investment Managment Co. purchased a new position in shares of Expedia Group in the 4th quarter valued at about $26,000. ORG Partners LLC grew its holdings in Expedia Group by 4,525.0% in the first quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock valued at $25,000 after purchasing an additional 181 shares during the period. City State Bank increased its position in shares of 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 in the last quarter. CVA Family Office LLC purchased a new stake in shares of Expedia Group in the fourth quarter valued at approximately $32,000. Finally, MV Capital Management Inc. raised its stake in shares of Expedia Group by 335.6% during the 4th quarter. MV Capital Management Inc. now owns 318 shares of the online travel company’s stock worth $48,000 after buying an additional 245 shares during the period. Institutional investors and hedge funds 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.